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Market Intelligence · VA / Williamsburg

Williamsburg, VA 23188 Housing Market

The typical home in Williamsburg, VA 23188 is worth $474,110, up 1.4% over the past year. The median list price stands at $535,450, and homes spend a median of 42 days on market.

Updated September 2026Median value$474K

The median home value in Williamsburg, VA 23188 is $474K as of September 2026, up 1.4% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 23188 range

$436K to $512K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+1.4% over 12 months

Typical home value in 23188 over the last 12 months: $467K in Sep 2025 to $474K in Sep 2026 (+1.4%).

Sep 2025$467K

Sep 2026$474K

The numbers

What is the 23188 housing market like?

Typical home value

$474K

Up1.4%YoY

Median list price

$535K

Down0.3%MoM

Days on market

42

Up20.0%MoM

Homes for sale

259

Up8.8%MoM

Price cuts

17.3%

Down8.1%MoM

New listings

96

Down22.6%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

23188 housing market forecast 2027

+1.8%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 23188 to rise 1.8% by September 2027.

Over the 12 months through September 2026, typical home values in 23188 rose 1.4%, per the Zillow Home Value Index.

Will home prices drop in 23188?

Zillow's forecast does not call for a drop: it expects typical home values in 23188 to rise 1.8% by September 2027, after a 1.4% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 23188 home prices compare?

  • 23188$474,110
  • Williamsburg$468,269
  • Virginia$328,255
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Williamsburg: 2 ZIPs; Virginia: 757 ZIPs; United States: 26,262 ZIPs).

Context

Williamsburg 23188 has 259 homes for sale as of September 2026, with 96 new listings entering the market. The median list price of $535,450 sits above the typical home value of $474,110, a gap that may reflect asking expectations in a slower seasonal period. Homes are averaging 42 days on market, suggesting neither a rushed nor a sluggish pace. With 17.3% of listings carrying a price cut, there is modest downward pressure on some properties. If you're considering selling, the year-over-year appreciation is modest, and you should be prepared for negotiation.

Monthly payment

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20% · $94,822

Common questions

What people ask us.

What is a typical home worth in Williamsburg 23188?

The typical home value is $474,110, which has risen 1.4% over the past year.

How many homes are currently for sale?

There are 259 homes for sale as of September 2026, with 96 new listings added recently.

How long do homes typically stay on the market?

Homes spend a median of 42 days on market in this ZIP.

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