Market Overview
Home Prices in King William, VA
The median home value in King William, VA is $360,198 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5% compared to a year ago and up 1.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in King William are priced12% below average. King William is part of the Richmond, VA metro area.
Over the past five years, King William home values have risen by approximately31.4%, reflecting strong long-term appreciation in this market.
Price History
King William Home Price Trend
City Comparison
King William vs. National Median
At $360,198, homes in King William cost 12% below the national median of $410,000. This makes King William a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in King William?
20% Down Payment
$72,040
on $360,198
Monthly P&I
$1,879/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,386/mo
incl. taxes & insurance
Income Needed
$95,440
gross annual (30% rule)
10% Down Option
$36,020
+ PMI applies
Loan Amount (20% dn)
$288,158
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in King William, VA?
The median home value in King William is $360,198 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5% year-over-year.
How much have home prices changed in King William?
Over the past year, home values in King William have increased by 5%. Over five years, prices have risen approximately 31.4%.
How much do I need to earn to buy a home in King William?
To comfortably afford the median home price of $360,198 with a 20% down payment ($72,040) at today's rates (6.8%), you'd need a gross annual income of approximately $95,440. This assumes keeping total housing costs at or below 30% of gross income.
How does King William compare to the national average home price?
The national median home value is approximately $410,000. At $360,198, homes in King William are 12% below the national average.
What metro area is King William part of?
King William is part of the Richmond, VA metropolitan area. Home prices and market conditions can vary across the broader metro region.