Williamsburg, MI—49690
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Williamsburg, MI
As of Oct '25, the median home price in Williamsburg, MI is $455,000, with a year-over-year change of 3.8%. This indicates that home prices in Williamsburg, MI are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $455,000 | 3.8% |
| Single Family | $509,000 | 3.0% |
| Condos | $257,000 | -9.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $355,000 | 0.3% |
3 Bed | $474,000 | 2.8% |
4 Bed | $675,000 | 3.1% |
| 5 Bed | $916,000 | 1.4% |
% of Housing Stock
Rental Trends — Williamsburg, MI
As of July '25, Rentcast reports the average rent in Williamsburg, MI is $2,700, with a year-over-year rent change of 28.6%. Per bedroom, the median rent as of July '25 in Williamsburg, MI is 2-bedrooms: $2,700. The most common rental property sizes in Williamsburg, MI are 2-bedroom and 3-bedroom, accounting for 39.7% and 22.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,700 | $2,700 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,700 | $2,700 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Williamsburg, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Williamsburg, MI is 84. This is a increase of 54.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $799,000 | 19.0% |
Listing Count | 61 | 7.0% |
| Listings as % of Homes | 0.6% | 7.0% |
Days on Market | 84 | 54.0% |
Demographics — Williamsburg, MI
As of the latest ACS Survey released in 2023, Williamsburg, MI has a population of 6,680, which has decreased by -3.0% over the past 5 years. Williamsburg, MI is a moderately popular place for families, as children make up 23.5% of the population. The area has a moderately educated workforce, with 44.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,680 | -3.0% |
% Under 18 | 23.5% | 23.7% |
% Seniors | 23.2% | 13.7% |
% WFH | 9.2% | 33.3% |
% w/ College Degree | 44.8% | 8.2% |
As of the latest ACS Survey released in 2023, Williamsburg, MI is a predominantly white area, with 88.3% of the population identifying as white. The white population has shrunk by 7.2% in the last 5 years. The second most common race or ethnicity in Williamsburg, MI is hispanic, making up 4.0% of the population. Foreign-born residents account for 2.1% of the population in Williamsburg, MI, and this percentage has increased by 425.0% 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 | 88.3% | -7.2% |
% Black | 0.6% | -40.0% |
% Hispanic | 4.0% | ∞% |
% Asian | 0.7% | ∞% |
% Foreign Born | 2.1% | 425.0% |
Mortgage and Risk — Williamsburg, MI
According to HUD data as of 2023, there were 70 mortgage originations in Williamsburg, MI, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 9.0% above 90% LTV (normal). This implies small mortgage risk in Williamsburg, MI. Investor activity is low, as 3.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 70 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 3.0% |
% Second Loans | 17.0% |
% Cash Out Refinance | 19.0% |
Loan Activity
Rentals and Section 8 — Williamsburg, MI
Williamsburg, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,100 |
| 2 Bedroom | -$1,380 | $2,700 | $1,320 |
| 3 Bedroom | N/A | N/A | $1,640 |
| 4 Bedroom | N/A | N/A | $1,760 |
Affordability — Williamsburg, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $455,000 |
| Median Household Income | $106,000 |