Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 15,564 ↑ 0.9% since 2020 |
| Median Household Income | $70,206 6% below national median |
| Median Home Value | $393,200 |
| Unemployment Rate | 7.0% |
| Median Age | 24.0 years |
| Housing Vacancy Rate | 13.8% |
| Total Land Sales (Past 12 Months) | 14 transactions |
| Active Listings | 2 properties |
| Avg Days on Market | 572 days |
Rural Land Sales (1+ Acres)
| Metric | Value |
|---|---|
| Median Price/Acre | $60,000 |
| Recent Sales | 3 transactions |
| Avg Days on Market | 624 days |
| Avg Parcel Size | 2.30 acres |
| Active Listings | 1 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Oct 2024 | 1.60 | $156,000 | $97,500 | Williamsburg |
| May 2024 | 2.44 | $60,000 | $24,631 | Williamsburg |
| Apr 2024 | 3.00 | $180,000 | $60,000 | Williamsburg |
Suburban/Urban Land Sales (Under 1 Acre) (Nov 2025 – Nov 2025)
| Metric | Value |
|---|---|
| Median Lot Price | $232,500 |
| Recent Sales | 11 transactions |
| Avg Days on Market | 557 days |
| Avg Parcel Size | 0.40 acres |
| Active Listings | 1 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Nov 2025 | 0.55 | $206,000 | Williamsburg |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 15,564 |
| Population (2020) | 15,425 |
| Population Growth | 0.9% |
| Median Household Income | $70,206 |
| Median Home Value | $393,200 |
| Total Housing Units | 5,767 |
| Vacant Housing Units | 794 |
| Housing Vacancy Rate | 13.8% |
| Median Age | 24.0 |
| Bachelor's Degree or Higher | 1,991 (12.8%) |
| Unemployment Rate (BLS) | 4.7% |
Market Overview
Williamsburg city, Virginia has a population of 15,564, which has grown 0.9% since 2020. The median household income is $70,206, below the national median of $74,580 by 5.9%. With a median home value of $393,200 and an unemployment rate of 4.7%, the local economy is moderate. The housing vacancy rate of 13.8% suggests soft market conditions. Williamsburg city remains a key area for land acquisition in Virginia. Recent rural land sales show a median price of $60,000 per acre, with properties averaging 2.30 acres. There are currently 2 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Williamsburg city, Virginia?
As of the 2023 American Community Survey, Williamsburg city has a population of 15,564. The county has grown 0.9% since the 2020 Census, indicating a growing community.
What is the median household income in Williamsburg city?
The median household income in Williamsburg city is $70,206, which is 5.9% below the national median of $74,580.
Is Williamsburg city growing or shrinking?
Williamsburg city is growing. The population has increased 0.9% since 2020.
What is the housing market like in Williamsburg city?
The median home value in Williamsburg city is $393,200. The housing vacancy rate is 13.8%, which suggests soft market conditions. The unemployment rate is 4.7%, indicating a moderate local economy. Recent rural land sales (1+ acres) show a median price of $60,000 per acre. Suburban/urban lots under 1 acre have a median lot price of $232,500.
Does Reelvest buy land in Williamsburg city, Virginia?
Yes! Reelvest Properties buys vacant land throughout Virginia, including Williamsburg city. 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.