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Williamsburg city, VA

ZIP 23188 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 23188

Median Home Value
$409,100
Median Rent
$1,374
Affordability Snapshot
$113,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,628/mo PITI).

16%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.0x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

24.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 23188 in Williamsburg city, VA, a household would need roughly $113,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,628. That is roughly in line with the local median household income ($101,088). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
74.6%+14% vs US avg
x
Vacancy Rate
8.2%-21% vs US avg
x
Broadband Access
94.5%+9% vs US avg
x
4+ Bedrooms
7.5%-49% vs US avg
x
Built Pre-1939
0.6%-95% vs US avg
x
Built Post-2014
2.4%-66% vs US avg
x
Rent Burden >30%
27.1%-46% vs US avg
x
Mortgage-Free
33.9%-11% vs US avg
x
$409,100
Home Value
$1,374
Rent
2001
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached64.8%
  • 1-unit attached13.7%
  • 2-9 units10.1%
  • 10+ units10.7%
  • Mobile home & other0.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$409,100
Median rent$1,374
Owner-occupied74.6%
Vacant8.2%
Price-to-income4.0x
Est. income to buy$113,000