King William, VA—23086
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — King William, VA
As of Oct '25, the median home price in King William, VA is $340,000, with a year-over-year change of 1.3%. This indicates that home prices in King William, VA are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $340,000 | 1.3% |
| Single Family | $340,000 | 1.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $242,000 | -0.4% |
3 Bed | $339,000 | 1.8% |
4 Bed | $422,000 | 1.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — King William, VA
As of July '25, Rentcast reports the average rent in King William, VA is $1,800, with a year-over-year rent change of 16.1%. Per bedroom, the median rent as of July '25 in King William, VA is 3-bedrooms: $1,800. The most common rental property sizes in King William, VA are 2-bedroom and 3-bedroom, accounting for 54.8% and 38.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,800 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,800 | $1,800 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — King William, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in King William, VA is 38. This is a increase of 41.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $385,000 | 14.0% |
Listing Count | 12 | -6.0% |
| Listings as % of Homes | 0.2% | -6.0% |
Days on Market | 38 | 41.0% |
Demographics — King William, VA
As of the latest ACS Survey released in 2023, King William, VA has a population of 3,560, which has decreased by -3.4% over the past 5 years. King William, VA is a moderately popular place for families, as children make up 20.9% of the population. The area has a poorly educated workforce, with 24.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,560 | -3.4% |
% Under 18 | 20.9% | -18.0% |
% Seniors | 16.5% | -1.2% |
% WFH | 9.5% | -13.6% |
% w/ College Degree | 24.4% | 30.5% |
As of the latest ACS Survey released in 2023, King William, VA is a predominantly white area, with 74.0% 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 King William, VA is black, making up 15.7% of the population. Foreign-born residents account for 3.6% of the population in King William, VA, and this percentage has increased by 44.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 74.0% | 9.3% |
% Black | 15.7% | -28.0% |
% Hispanic | 1.3% | -76.4% |
% Asian | 1.5% | 25.0% |
% Foreign Born | 3.6% | 44.0% |
Mortgage and Risk — King William, VA
King William, VA lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — King William, VA
King William, VA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 1.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,440 |
| 2 Bedroom | N/A | N/A | $1,590 |
| 3 Bedroom | $210 | $1,800 | $2,010 |
| 4 Bedroom | N/A | N/A | $2,490 |
Affordability — King William, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $340,000 |
| Median Household Income | $82,200 |