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Saturday, September 28, 2024

Williamsburg home prices rose in the fourth quarter of 2020

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The median sale price of a home sold in the fourth quarter of 2020 in Williamsburg rose by $17,500 while total sales decreased by 21%, according to BlockShopper.com.

From October through December of 2020, there were 49 homes sold, with a median sale price of $260,000 - a 7.2% increase over the $242,500 median sale price for the same period of the previous year. There were 62 homes sold in Williamsburg in the fourth quarter 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 fourth quarter of 2020.

The following table compares Williamsburg to other York County cities in the fourth quarter of 2020:

CityOct. - Dec. 2020 Home SalesOct. - Dec. 2019 Home Sales% change (Total Home Sales)Oct. - Dec. 2020 Median Sales PriceOct. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Yorktown19817910.6%$350,000$292,50019.7%
Williamsburg4962-21%$260,000$242,5007.2%

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