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Preforeclosure Homes in Williamsburg, VA 23186

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Williamsburg, VA Foreclosures

Current Market Conditions in in Williamsburg, VA As of February 2026?
In the past month, the Williamsburg real estate market has continued to tighten, with inventory levels remaining low while buyer interest remains high. Homes that priced competitively have seen multiple offers, pushing prices slightly higher. This trend is encouraging for sellers but poses challenges for buyers who are competing for available properties. Mortgage rates have stabilized somewhat, allowing more buyers to enter the market, although affordability remains a concern for many.
How much do homes sell for in Williamsburg, VA?
The average home price is currently $545,809.
What’s the average rental cost in Williamsburg, VA?
The average rental price in Williamsburg is $1,896.
What is the most expensive home in Williamsburg?
The most expensive home sold in Williamsburg had a price of $112,307,576.
What is currently the cheapest priced home in Williamsburg, VA?
The cheapest home for sale in Williamsburg is priced at $10,794.

Living in Williamsburg, VA

Williamsburg, VA is a historic city renowned for its rich culture, beautiful parks, and vibrant community. Its blend of history with modern amenities makes it a fantastic place to live, work, and play. Home to excellent schools and numerous recreational activities, Williamsburg provides families with a wonderful place to call home.

Buyer vs Seller Market in Williamsburg, VA

The real estate market in Williamsburg is experiencing a steady increase in demand due to its historical charm and family-friendly atmosphere. Properties in the area are being sought after by families, retirees, and investors alike, leading to a competitive market. As of late 2023, home values have risen consistently, indicating a strong interest in the local real estate market.

Current trends show that homes are selling at or above asking price in many cases, attributed to limited inventory and high buyer interest. Homes that are well-maintained and located close to amenities are particularly desirable, leading to quicker sales and sometimes bidding wars.

Home Value Estimator For Williamsburg, VA

There are currently 38,045 real estate properties in Williamsburg, VA, with a median automated valuation model (AVM) price of $456,894.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Williamsburg, VA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Williamsburg, VA, is $545,809.00, with the most expensive house in Williamsburg, VA, topping out at $112,307,576.00 and the cheapest home in Williamsburg, VA, clocking in at $10,794.00. In other words, there’s something for every potential homebuyer or savvy investor in Williamsburg, VA!

Rent Prices In Williamsburg, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Williamsburg, VA, is on a rollercoaster ride. The average rent price in Williamsburg, VA, is $1,896.00. Indeed, when looking to rent in Williamsburg, VA, you can expect to pay as little as $630.00 or as much as $5,740.00, with the average rent median estimated to be $1,860.00. The good news is that finding an affordable and desirable property to rent in Williamsburg, VA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Williamsburg, VA 23186 Preforeclosure Homes


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