Market Overview
Home Prices in Williamsburg, VA
The median home value in Williamsburg, VA is $473,283 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1% compared to a year ago and up 3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Williamsburg are priced15% above average. Williamsburg is part of the Virginia Beach-Norfolk-Newport News, VA-NC metro area.
Over the past five years, Williamsburg home values have risen by approximately30.1%, reflecting strong long-term appreciation in this market.
Price History
Williamsburg Home Price Trend
City Comparison
Williamsburg vs. National Median
At $473,283, homes in Williamsburg cost 15% above the national median of $410,000. Buyers in Williamsburg should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Williamsburg?
20% Down Payment
$94,657
on $473,283
Monthly P&I
$2,468/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,134/mo
incl. taxes & insurance
Income Needed
$125,360
gross annual (30% rule)
10% Down Option
$47,328
+ PMI applies
Loan Amount (20% dn)
$378,626
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 Williamsburg, VA?
The median home value in Williamsburg is $473,283 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1% year-over-year.
How much have home prices changed in Williamsburg?
Over the past year, home values in Williamsburg have increased by 1%. Over five years, prices have risen approximately 30.1%.
How much do I need to earn to buy a home in Williamsburg?
To comfortably afford the median home price of $473,283 with a 20% down payment ($94,657) at today's rates (6.8%), you'd need a gross annual income of approximately $125,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Williamsburg compare to the national average home price?
The national median home value is approximately $410,000. At $473,283, homes in Williamsburg are 15% above the national average.
What metro area is Williamsburg part of?
Williamsburg is part of the Virginia Beach-Norfolk-Newport News, VA-NC metropolitan area. Home prices and market conditions can vary across the broader metro region.