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Wednesday, May 15, 2024

Williamsburg home prices rise in the first half of 2020

Realestate5

The median sale price of a home sold in the first half of 2020 in Williamsburg rose by $23,000 while total sales increased by 10.1%, according to BlockShopper.com.

From January through June of 2020, there were 120 homes sold, with a median sale price of $262,000 - a 9.6% increase over the $239,000 median sale price for the same period of the previous year. There were 109 homes sold in Williamsburg in the first half of 2019.

The median sales tax in Williamsburg for the most recent year with available data, 2016, was $1,674, approximately 0.6% of the median home sale price for the first half of 2020.

The following table compares Williamsburg to other York County cities in the first half of 2020:

CityJan. - June 2020 Home SalesJan. - June 2019 Home Sales% change (Total Home Sales)Jan. - June 2020 Median Sales PriceJan. - June 2019 Median Sales Price% change (Median Sales Price)
Yorktown3483392.7%$328,250$290,00013.2%
Williamsburg12010910.1%$262,000$239,0009.6%

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