Market Snapshot

Report generated March 2026

IndicatorValue
Population18,232
↑ 2.4% since 2020
Median Household Income$85,212
14% above national median
Median Home Value$276,500
Unemployment Rate3.5%
Median Age40.5 years
Housing Vacancy Rate6.4%
Total Land Sales (Past 12 Months)28 transactions
Active Listings18 properties
Avg Days on Market566 days

Rural Land Sales (1+ Acres) (Mar 2025 – Mar 2026)

MetricValue
Median Price/Acre$13,235
Recent Sales26 transactions
Avg Days on Market201 days
Avg Parcel Size15.15 acres
Active Listings7 properties

Recent Rural Land Sales

DateAcresPrice$/AcreAddressCity
Mar 20268.36$123,000$14,713(undisclosed Address)West Pt
Jan 202613.56$98,000$7,2270 Powhatan TrlKing William
Jan 202645.00$275,000$6,111452 Hidden Springs LnAylett
Dec 202518.70$180,000$9,6260 E River RdKing William
Dec 20255.61$120,000$21,390329 Blake LnAylett
Nov 20255.67$55,000$9,7005655 Custis Millpond Rd Lot 6West Pt
Oct 202525.00$300,000$12,0004612 King William RdAylett
Oct 202524.00$450,000$18,75012375 King William RdKing William
Oct 20254.68$60,000$12,821Tbd King William RdKing William
Oct 202537.09$200,000$5,3922 E River Rd Lot 1King William
DateAcresPrice$/AcreAddressCity
Oct 20259.00$110,000$12,2224 Pine Knoll Trl Lot 4King William
Oct 20251.99$31,500$15,8290 Custis MlKing William
Sep 202510.00$160,000$16,0000 Locust Hill RdAylett
Aug 202525.00$424,950$16,99813564 River RdAylett
Jul 20254.40$45,000$10,2272923 Smokey RdAylett
Jul 20252.77$32,000$11,55221868 King William RdWest Pt
Jul 202598.00$799,000$8,1534 Richmond Tappahannock HwyAylett
Jun 202517.40$202,500$11,6381 E River Rd Lot 1King William
Jun 202515.30$202,500$13,2353 River Rd Lot 2King William
Jun 20251.00$87,500$87,500840 E Magnolia Ave #5West Pt
May 20251.00$31,000$31,0000 Kirby StWest Point
May 20252.75$53,000$19,27321 Two E 1 FltAylett
Apr 202512.21$210,000$17,19934 Woodlin LnManquin
Mar 20251.23$295,000$239,837River Bend RdWest Pt
Mar 20252.23$295,000$132,2881309 Mount Olive Cohoke RdKing William
Mar 20251.99$16,000$8,0400 Custis Millpond Rd #4West Pt

Suburban/Urban Land Sales (Under 1 Acre) (Oct 2025 – Oct 2025)

MetricValue
Median Lot Price$25,000
Recent Sales2 transactions
Avg Days on Market143 days
Avg Parcel Size0.12 acres
Active Listings11 properties

Recent Suburban/Urban Land Sales

DateAcresPriceAddressCity
Oct 20250.12$25,0000 Ogden StWest Pt
Oct 20250.12$25,0000 Ogden St Lot 65West Pt

County Profile

DemographicValue
Total Population (2023)18,232
Population (2020)17,810
Population Growth2.37%
Median Household Income$85,212
Median Home Value$276,500
Total Housing Units7,605
Vacant Housing Units490
Housing Vacancy Rate6.4%
Median Age40.5
Bachelor's Degree or Higher2,309 (12.7%)
Unemployment Rate (BLS)2.7%

Market Overview

King William County, Virginia has a population of 18,232, which has grown 2.37% since 2020. The median household income is $85,212, above the national median of $74,580 by 14.3%. With a median home value of $276,500 and an unemployment rate of 2.7%, the local economy is strong. The housing vacancy rate of 6.4% suggests tight market conditions. The county's location in Virginia makes it accessible for investors and developers seeking rural land. Recent rural land sales show a median price of $13,028 per acre, with properties averaging 25.80 acres. There are currently 18 active land listings in the county.

Frequently Asked Questions

What is the current population of King William County, Virginia?
As of the 2023 American Community Survey, King William County has a population of 18,232. The county has grown 2.37% since the 2020 Census, indicating a growing community.
What is the median household income in King William County?
The median household income in King William County is $85,212, which is 14.3% above the national median of $74,580.
Is King William County growing or shrinking?
King William County is growing. The population has increased 2.37% since 2020.
What is the housing market like in King William County?
The median home value in King William County is $276,500. The housing vacancy rate is 6.4%, which suggests tight market conditions. The unemployment rate is 2.7%, indicating a strong local economy. Recent rural land sales (1+ acres) show a median price of $13,028 per acre. Suburban/urban lots under 1 acre have a median lot price of $51,625.
Does Reelvest buy land in King William County, Virginia?
Yes! Reelvest Properties buys vacant land throughout Virginia, including King William County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: Market data reflects recent vacant land transactions in the county. Demographic data from U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.