Williamsburg, VA

  • Overview
  • Performance
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Key Performance Metrics

Market snapshot

Performance indicators for the Williamsburg short-term rental market based on reliable data.

Listings

463 / 1688

Reliable / Active

Cap Rate

4%

Middle-Earners Gross Yield

Revenue

$20,892

Middle-Earners Revenue

Occupancy

44%

Middle-Earners Occupancy

Home Value

$470,861

Median Home Sale Price

Top Earners

$50,735

Top-Earners Revenue

Williamsburg

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Williamsburg.

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C

Challenging to Investors

Williamsburg Regulations

Short‑term rentals are technically legal in the City of Williamsburg but are heavily constrained: only owner‑occupied, single‑family detached dwellings are allowed, limited to one room, capped at 104 nights per year, and require a Board of Zoning Appeals special exception (~$300 filing plus permits and compliance), plus guest‑registry and exterior‑visibility bans. These caps and approval hurdles materially reduce yield and raise compliance risk compared with more investor‑friendly environments.

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About Williamsburg

Williamsburg is an independent city in southeastern Virginia, situated primarily within James City County and serving as the cultural and historical anchor of the Hampton Roads region. The city has a population of approximately 15,000 residents, a figure that swells considerably during peak tourism seasons. Williamsburg is best known as the heart of Virginia's Historic Triangle and as a gateway to the colonial roots of the United States, drawing millions of visitors each year with its blend of living-history experiences, period architecture, and proximity to the Chesapeake Bay. It lies roughly 60 miles southeast of Richmond and about 150 miles south of Washington, D.C., making it a natural weekend destination for travelers along the Mid-Atlantic corridor.

The city's marquee attraction is Colonial Williamsburg, an 18th-century living-history museum that recreates the era of the American Revolution through restored buildings, costumed interpreters, and reenactments of colonial life. Located within the city itself, it is the centerpiece of the area's identity and within minutes of most accommodations in town.

Just a short drive east of the city lies Jamestown Settlement, a living-history museum operated by the Commonwealth of Virginia that explores the 1607 founding of America's first permanent English settlement. Across the James River on Jamestown Island, Historic Jamestowne, jointly administered by the National Park Service and Preservation Virginia, preserves the original archaeological site, offering a complementary, more academic counterpart to the settlement's interpretive experience.

To the north of Williamsburg, the Yorktown Battlefield marks the site where British forces surrendered to George Washington in 1781, effectively ending the Revolutionary War. The visitor center, part of Colonial National Historical Park, lies about 20 minutes from downtown and includes a museum and walking trails through the historic earthworks, with scenic views of the York River.

For travelers seeking a change of pace, Busch Gardens Williamsburg sits just outside the city and offers a European-themed amusement park experience with roller coasters, animal habitats, and seasonal festivals. The nearby College of William & Mary, the second-oldest institution of higher education in the country, also contributes a youthful energy, stately grounds, and a robust calendar of public lectures and performances.

Williamsburg's appeal as a base for short-term rentals lies in the unusual combination of educational tourism, family-friendly attractions, and outdoor recreation all within a compact radius. Visitors can spend mornings on cobblestone streets in the 18th century, afternoons at a theme park, and evenings exploring the restaurants and shops of Merchants Square, all without ever leaving the region. The city's strong year-round occupancy, seasonal events like Grand Illumination and Garden Week, and steady flow of school groups and history enthusiasts make it a market where well-located properties can command consistent demand across both peak summer months and the shoulder seasons.

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