Is Williamsburg, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Williamsburg was a Seller's Market.
Key Takeaway
Williamsburg is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Williamsburg, KY
How much do homes in Williamsburg, KY cost?
Median Sold Price
$160,750
-
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Williamsburg have sold for 4.8% less than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115K | $105K | -8.7% |
| 2 Bedrooms | $120.7K | $146.1K | +21.0% |
| 3 Bedrooms | $149K | $153.5K | +3.1% |
| 4 Bedrooms | $250K | $178.5K | -28.6% |
| 5+ Bedrooms | $256K | $234.9K | -8.2% |
Summary: Williamsburg housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.7%, 2 bedroom homes increased by 21%, 3 bedroom homes increased by 3.1%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes decreased by 8.2%.
Housing Supply in Williamsburg, KY
How many homes are available in Williamsburg, KY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 37 | 42 | +13.5% |
Summary: The Williamsburg real estate market had 42 homes for sale in April 2024, a 13.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 22 | 23 | +4.5% |
| 4 Bedrooms | 11 | 12 | +9.1% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Williamsburg housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Williamsburg, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Williamsburg in April 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Williamsburg, KY
How long does it take to sell a home in Williamsburg, KY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 61 Days | 126 Days | +103.9% |
Summary: Homes in Williamsburg had an average of 126 days on market in Apr 2024, up by 103.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Williamsburg are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 5 homes were sold in Williamsburg; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2024 LBAR Multiple Listing Service. All rights reserved.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.