Is Williamsburg, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Williamsburg is a neutral's market

Buyer's
Market

Difference Since November 2023

Since last year, Williamsburg has remained a Neutral Market.

Key Takeaway

Williamsburg is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Williamsburg, KY

How much do homes in Williamsburg, KY cost?

Median Sold Price

$173,750

-

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$3,250(-1.8%)

Key Takeaway

Homes in Williamsburg have sold for 1.8% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $105K$75K
-28.6%
2 $144.3K$117K
-18.9%
3 $166.5K$151.5K
-9.0%
4 $178.6K$230K
+28.8%
5+ $247.5K$374.5K
+51.3%

Summary: Williamsburg housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.6%, 2 bedroom homes decreased by 18.9%, 3 bedroom homes decreased by 9%, 4 bedroom homes increased by 28.8%, and 5+ bedroom homes increased by 51.3%.

Housing Supply in Williamsburg, KY

How many homes are available in Williamsburg, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2826-7.1%

Summary: The Williamsburg real estate market had 26 homes for sale in November 2024, a 7.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 97
-22.2%
3 1113
+18.2%
4 75
-28.6%
5+ 11
0.0%

Summary: The Williamsburg housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 22.2%, 3 bedroom homes increased by 18.2%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Williamsburg, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Williamsburg in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Williamsburg, KY

How long does it take to sell a home in Williamsburg, KY?

Average Sale Time

Nov 2023Nov 2024CHANGE
74 Days82 Days+10.3%

Summary: Homes in Williamsburg had an average of 82 days on market in Nov 2024, up by 10.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Williamsburg has remained consistent over time.

Summary: During November 2024, 4 homes were sold in Williamsburg; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Williamsburg, KY

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