King William: Housing & Real Estate

$295,800 is the median home value in King William (estimated market value runs 10% higher at $324,177), with median rent $-666,666,666. Homeownership rate: 86.7%. That's 1.1× below the King William County median ($315,700); 1.3× below the Virginia median ($383,700). Market is warm. Vacancy rate 39.5%. New construction makes up 3.2% of stock. A municipal building code is in effect.

Home Values & Rent

Median home value $295,800 — 0.8× the Virginia median ($382,500). Median rent $-666,666,666/month. homeownership rate 86.7% — above the U.S. share of ~65%.

Fair Market Rent · Studio rent$1,442 (vs Virginia $1,492)
Fair Market Rent · One-bedroom rent$1,507 (at Virginia median)
Fair Market Rent · Two-bedroom rent$1,655 (vs Virginia $1,713)
Fair Market Rent · Three-bedroom rent$2,072 (vs Virginia $2,376)
Fair Market Rent · Four-bedroom rent$2,553 (vs Virginia $2,797)
Fair Market Rent · HUD FMR areaRichmond, VA HUD Metro FMR Area
Fair Market Rent · Fiscal yearFY2026
Home Value Estimate$324,177
Median Home Value$295,800 (vs Virginia $382,500) median_home_value: 2 observations from 2026-04-23 to 2026-04-23
Median Rent$-666,666,666 (vs Virginia $1,714)

Sources: HUD FMR FY2026 · Census ACS 5-Year 2023, B25077 · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Tenure & Occupancy

Owner-occupied vs renter-occupied housing units, plus vacancy rates.

Housing Market · Market temperaturewarm
Housing Market · Vacancy rate39.5%
Housing Market · New construction (% of stock)3.2%
Housing Market · Price Appreciation 2Yr13.6%

Utilities

Electricity, water, and broadband infrastructure serving residents. Broadband percentages reflect the share of premises that can subscribe to service at the listed speed (FCC Form 477).

Systems (2)

Central Garage Water System
VA4101110
Mt. Olive Church Comm. Well Co
VA4101550
Broadband · % of premises with 25/3 Mbps broadband100.0% (at Virginia median)
Broadband · % of premises with 100/20 Mbps broadband100.0% (at Virginia median)
Broadband · % of premises with 250/25 Mbps broadband100.0% (at Virginia median)
Broadband · % of premises with 1 Gbps / 100 Mbps broadband41.5% (vs Virginia 49.4%)
Broadband · Broadband-capable premises147
Electricity · Electricity rate (¢/kWh)14.41¢/kWh
Electricity · Customers3654481
Electricity · Revenue Millions$6,524
Electricity · Year2024
Mobile Broadband · 3G mobile coverage0.000000000
Mobile Broadband · 4G mobile coverage1.000000000 (at Virginia median)
Mobile Broadband · 5G mobile coverage0.508064516 (vs Virginia 100.0%)

Sources: FCC BDC Jun 2025 · EIA Annual Retail Sales 2023 · FCC BDC Mobile 2024  ·  Refreshed 2026-04-12

Other

Homeownership Rate86.7% (vs Virginia 64.4%)
Median Year Built1938

Sources: Census ACS 5-Year 2023  ·  Refreshed 2026-04-12