Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 2,965 people, 1,429 houses or apartments, and a median cost of homes of $157,014, the cost of homes in Williamstown is among some of the lowest in the nation. Compared to West Virginia, however, Williamstown real state is not on the lower end of the price spectrum.
Single-family detached homes are the single most common housing type in Williamstown, accounting for 84.16% of the city's housing units. Other types of housing that are prevalent in Williamstown include duplexes, homes converted to apartments or other small apartment buildings ( 8.09%), large apartment complexes or high rise apartments ( 4.27%), and a few row houses and other attached homes ( 2.56%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Williamstown. Owner-occupied housing accounts for 86.56% of Williamstown's homes, and 68.18% have either three or four bedrooms, which is average sized relative to America.
The housing in Williamstown was primarily built before 1939 ( 29.78%), making the housing stock in Williamstown some of the oldest overall in America, although there is a range of ages of homes in Williamstown. The next most important housing age is between 1940-1969 ( 27.61%), followed by between 2000 and later ( 21.76%). There's also some housing in Williamstown built between 1970-1999 ( 20.84%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Williamstown, where house values have increased just 14.04%, which is annualized rate of 1.32%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Over the last year, Williamstown appreciation rates have trailed the rest of the nation. In the last twelve months, Williamstown's appreciation rate has been -24.86%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Williamstown were at -1.57%, which equates to an annual appreciation rate of -6.15%.
Notably, Williamstown's appreciation rate in the latest quarter is one of the lowest in America.
Relative to West Virginia, our data show that Williamstown's latest annual appreciation rate is lower than 90% of the other cities and towns in West Virginia.
$157,014
for West virginia
for nation
1,429
$1,462 / per month