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 October 2023

At the same time last year, Williamsburg was a Seller's 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

$173,500

-

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$3,500(-2.0%)

Key Takeaway

Homes in Williamsburg have sold for 2% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $105K$75K
-28.6%
2 $142.1K$123.5K
-13.1%
3 $165K$151.5K
-8.2%
4 $200K$230K
+15.0%
5+ $247.5K$374.5K
+51.3%

Summary: Williamsburg housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.6%, 2 bedroom homes decreased by 13.1%, 3 bedroom homes decreased by 8.2%, 4 bedroom homes increased by 15%, 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

Sep 2024Oct 2024CHANGE
3132+3.2%

Summary: The Williamsburg real estate market had 32 homes for sale in October 2024, a 3.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 99
0.0%
3 1215
+25.0%
4 87
-12.5%
5+ 21
-50.0%

Summary: The Williamsburg housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
550.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was 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. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Williamsburg in October 2024, the same as the previous month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% 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

Oct 2023Oct 2024CHANGE
49 Days38 Days-21.0%

Summary: Homes in Williamsburg had an average of 38 days on market in Oct 2024, down by 21% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Williamsburg are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in Williamsburg; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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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