Welcome to our 23188 real estate data hub, tailored for investors in Williamsburg, VA. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 23188 in Williamsburg, VA. Discover Section 8 housing opportunities and challenges to maximize your investment potential in JAMES CITY COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Williamsburg, VA real estate investing. Uncover the wealth of information available, and position yourself for success in the Williamsburg property market.
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Location Overview
- Zip Code: 23188
- City: Williamsburg
- State: VA
- Metro Area: Virginia Beach-Norfolk-Newport News, VA-NC
- County Name: JAMES CITY COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $417,760
- Average Home Price (Single Family Homes): $427,098
- Average Monthly Rental Price (All Types): $1,930
- Price-to-Rent Ratio: 18
- Zillow Projected % appreciation from 4/2023-4/2024: 0.3%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,440
- Average 3 Bedroom Section 8 Rental Rates: $2,010
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 24.18
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 17.32
- Number of Units Offered in Section 8 in the County: 67
- Number of Occupied Units in Section 8 in the County: 67
- Percentage of Section 8 Units Occupied in the County: 100%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 170.6
- Total % Appreciation since 2000 (Government Data): 117.51
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.61%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 6.28%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 26.13%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 30.18%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 46.02%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 23.19%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 95.25%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -1.46%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 8.92%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 26.5%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 30.97%