23009 — King William County, Virginia Market Snapshot
Housing market data for zip code 23009 in King William County, Virginia. Updated monthly with median prices, days on market, and more.
Market Sales Data
10 sales in 2026 (year to date)
Median Sale Price
$300,500
Days to Sell
149
Homes Sold
10
Inventory
19
Sale-to-List
99.4%
New Listings
16
Price/SqFt
$203
Pending Sales
30
Conforming Loan Available
Most homebuyers in 23009 can comfortably use conventional financing. The median home price of $300,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 149 days on average, 23009 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
Homes are selling very close to asking price in 23009 (99.4% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 23009 can comfortably use conventional financing. The median home price of $300,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 23009 are set at the county level.
2026 Loan Limits — King William County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $707,250 |
| 2 Units | $1,066,250 | $905,400 |
| 3 Units | $1,288,800 | $1,094,450 |
| 4 Units | $1,601,750 | $1,360,100 |
Affordability Snapshot — Zip 23009
To purchase the median home at $300,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,452.
Monthly Payment
$2,452
Income Required
$105,100
Principal & Interest
$1,852/mo
Down Payment (5%)
$15,025
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 23009.
Estimated Monthly Payment
$2,010
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