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Williamsburg, VA 23188 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Williamsburg, VA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.11
ActiveActive listings: 106106PendingPending sales: 1212
Williamsburg, VA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $577k$577kSoldMedian sold price (last 6 months): $493k$493k
What homes actually sell for in Williamsburg, VA
Distribution of 400 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $370k to $640k
$260k to $340k: 57 sales$260k$340k to $420k: 65 sales$420k to $500k: 67 sales67sales$420k$500k to $580k: 53 sales$580k to $660k: 48 sales$580k$660k to $740k: 31 sales$740k to $820k: 27 sales$740k$820k to $900k: 12 salesMedian $493k

What the numbers say

As of October 5, 2026, Resideline is tracking 106 active listings and 12 pending sales in ZIP code 23188. That pending-to-active ratio of 0.11 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $577,495, while the median of the 400 closed sales Resideline tracked over the last six months was $493,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 23188 for 65 days.

Frequently asked questions

What is the median home price in 23188?

The median closed sale price in Williamsburg, VA 23188 was $493,000 over the last six months, based on 400 closed sales tracked by Resideline. The middle half of those sales ranged from $369,990 to $639,990.

Is 23188 a buyer's or seller's market?

Resideline is currently tracking 12 pending sales against 106 active listings in 23188, a pending-to-active ratio of 0.11. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 23188 currently looks like a balanced market.

Nearby ZIP code market data

Full Williamsburg, VA housing market report →

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