King William County, Virginia Housing Market
In King William County, Virginia, the median home value is $315,700, with a median monthly rent of $1,166. This places King William County at #547 nationally out of 3134 counties by median home value, and #48 within Virginia.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,191
- Establishments: 462
- BLS QCEW, 2025
Housing Supply
- Single-family: 215
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 7,837 (avg $74,016)
- Outflow: 7,352 (avg $74,585)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 3 active ZIP codes in King William County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 23086 | 250.5 | +9.12% | 2025 |
| 2 | 23009 | 268.6 | +3.39% | 2025 |
| 3 | 23181 | 265.0 | +1.20% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
🔗 Explore King William County on Our Sister Sites
Get the complete picture for King William County — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How King William County Compares
| Metric | King William County | Virginia Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $315,700 | $295,807 | $227,706 |
| Median Gross Rent | $1,166 | $1,169 | $968 |
| Owner Occupancy Rate | 88.9% | 70.8% | 73.3% |
| Price/Rent Ratio | 22.6 | 20.3 | 18.7 |
Market Analysis
The median home value in King William County is 6.7% above the Virginia state average and 38.6% above the U.S. national average. The median rent of $1,166/month is about equal to the state average.
With a price-to-rent ratio of 22.6, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
King William County has an owner-occupancy rate of 88.9%, compared to 70.8% in Virginia and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Orleans Parish | Louisiana | $315,700 | $1,251 |
| Emmet County | Michigan | $315,700 | $1,112 |
| Lafayette County | Mississippi | $315,400 | $1,085 |
| Towns County | Georgia | $316,100 | $808 |
| Louisa County | Virginia | $315,300 | $1,220 |
Other Counties in Virginia
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Louisa County | $315,300 | $1,220 | 82.2% |
| Northampton County | $316,200 | $829 | 66.1% |
| Fluvanna County | $314,100 | $1,204 | 88.7% |
| Rockingham County | $313,000 | $1,160 | 75.3% |
| Nelson County | $321,700 | $946 | 79.7% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).