King William County, Virginia home prices
Typical home $352,179 · +3.0% in a year · property tax 0.55%
The typical home in King William County is worth $352,179, 15% less than the Virginia typical home ($412,252). Values changed +3.0% in the past year and +29.9% over five years. Homeowners here pay a median 0.55% of their home's value in property tax each year ($1,929 on the typical home), versus 0.71% statewide.
Mortgage on the typical King William County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $70,436 | $281,744 | $1,895 | $0 | $337 | $2,232 | $95,700 |
| 10% down | $35,218 | $316,961 | $2,132 | $132 | $337 | $2,601 | $111,500 |
| 5% down | $17,609 | $334,570 | $2,251 | $139 | $337 | $2,727 | $116,900 |
| 3.5% down (FHA) | $12,326 | $345,801 | $2,326 | $156 | $337 | $2,819 | $120,800 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.55% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Virginia · part of the Richmond metro area.
Virginia counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Winchester City | $351,816 | +1.4% | 0.76% |
| Bedford County | $351,809 | +4.2% | 0.43% |
| Lexington City | $354,128 | +2.4% | 0.81% |
| Mathews County | $349,114 | +1.5% | 0.43% |
| Prince George County | $356,119 | +3.8% | 0.74% |
| Caroline County | $359,075 | +3.6% | 0.52% |
| Rockingham County | $361,245 | +2.1% | 0.53% |
| Nelson County | $362,239 | +3.0% | 0.5% |
| Franklin County | $363,796 | +3.9% | 0.5% |
| Shenandoah County | $340,191 | +2.4% | 0.52% |
Frequently asked questions
What is the average home price in King William County, VA?
The typical home value in King William County is $352,179 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in King William County?
About $95,700 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in King William County?
The median effective rate is 0.55% of home value a year (Census ACS 2024 5-year estimates).