Williamsburg, New York, NY—11206
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Williamsburg, New York, NY
As of Oct '25, the median home price in Williamsburg, New York, NY is $1,029,000, with a year-over-year change of 10.3%. This indicates that home prices in Williamsburg, New York, NY are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,029,000 | 10.3% |
| Single Family | $1,388,000 | 2.8% |
| Condos | $975,000 | 12.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $712,000 | 7.1% |
2 Bed | $917,000 | 4.7% |
3 Bed | $1,186,000 | 6.1% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Williamsburg, New York, NY
As of July '25, Rentcast reports the average rent in Williamsburg, New York, NY is $3,690, with a year-over-year rent change of -2.1%. Per bedroom, the median rent as of July '25 in Williamsburg, New York, NY is studios: $2,960, 1-bedrooms: $3,490, 2-bedrooms: $4,350, 3-bedrooms: $4,050, 4-bedrooms: $2,850. The most common rental property sizes in Williamsburg, New York, NY are 2-bedroom and 1-bedroom, accounting for 40.5% and 25.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,550 | $3,690 |
| Studio Rent | $2,850 | $2,960 |
| 1 Bed Rent | $3,440 | $3,490 |
| 2 Bed Rent | $4,150 | $4,350 |
| 3 Bed Rent | $4,300 | $4,050 |
| 4 Bed Rent | $1,600 | $2,850 |
% of Rental Stock
Property Listings — Williamsburg, New York, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Williamsburg, New York, NY is 76. This is a increase of 15.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 10.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $988,000 | -28.0% |
Listing Count | 41 | 56.0% |
| Listings as % of Homes | 0.1% | 56.0% |
Days on Market | 76 | 15.0% |
Demographics — Williamsburg, New York, NY
As of the latest ACS Survey released in 2023, Williamsburg, New York, NY has a population of 89,200, which has remained stable by 1.0% over the past 5 years. Williamsburg, New York, NY is a popular place for families, as children make up 27.1% of the population. The area has a moderately educated workforce, with 36.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 89,200 | 1.0% |
% Under 18 | 27.1% | -3.9% |
% Seniors | 10.8% | 4.9% |
% WFH | 17.3% | 276.1% |
% w/ College Degree | 36.3% | 33.5% |
As of the latest ACS Survey released in 2023, Williamsburg, New York, NY is a predominantly white area, with 36.5% of the population identifying as white. The white population has grown by 9.3% in the last 5 years. The second most common race or ethnicity in Williamsburg, New York, NY is hispanic, making up 36.4% of the population. Foreign-born residents account for 20.1% of the population in Williamsburg, New York, NY, and this percentage has decreased by 6.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 36.5% | 9.3% |
% Black | 20.5% | -22.6% |
% Hispanic | 36.4% | -1.9% |
% Asian | 6.6% | -4.3% |
% Foreign Born | 20.1% | -6.5% |
Mortgage and Risk — Williamsburg, New York, NY
According to HUD data as of 2023, there were 146 mortgage originations in Williamsburg, New York, NY, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 5.0% above 90% LTV (normal). This implies small mortgage risk in Williamsburg, New York, NY. Investor activity is low, as 11.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 146 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 11.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Williamsburg, New York, NY
As of 2024, the percent of homes in Williamsburg, New York, NY under the Section 8 program is 16.6%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Williamsburg, New York, NY, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 12,430 |
Total Units Section 8 | 5,294 |
% Rentals under Section 8 | 16.6% |
% Occupied Section 8 | 87.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$1,230 | $3,440 | $2,210 |
| 2 Bedroom | -$1,670 | $4,150 | $2,480 |
| 3 Bedroom | -$1,200 | $4,300 | $3,100 |
| 4 Bedroom | $1,730 | $1,600 | $3,330 |
Affordability — Williamsburg, New York, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 14.9 |
| Median Home Price | $1,029,000 |
| Median Household Income | $57,300 |