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Central Garage, VA

Full City Profile · Virginia · King William County County

3.0 /5.0
B Good
1,364 Population 283/sq mi density
$74,911 Median Income $39,835 per capita
$277,300 Home Value $340,290 Zillow
$1,173 Median Rent 51.0% income on rent
59°F Avg Temperature 305 sunny days/yr
333 Violent Crime/100K 3,372 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$74,911 median income, 4.0% unemployment
A+
Affordability
4.6 / 5.0
$277,300 home value, $1,173/mo rent
F
Safety
1.0 / 5.0
333 violent crimes/100K
C+
Education
2.6 / 5.0
19.4% bachelor's degree or higher

Housing Overview

Median Home Value
$277,300
2% below
US avg: $281,900
Median Rent
$1,173/mo
1% above
US avg: $1,163/mo
Homeownership Rate
76.1%
16% above US avg (65.4%)
Total Housing Units
508
Median year built: 1996

Home Value by Source

Census Median
$277,300
Zillow (ZHVI)
$340,290
Median Sale Price
$380,000
Median List Price
$332,091
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

76.1%
Owner-Occupied
23.9%
Renter-Occupied
76%
24%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,137/mo
1 Bedroom
$1,181/mo
2 Bedroom
$1,369/mo
3 Bedroom
$1,787/mo
4 Bedroom
$2,126/mo
Census median rent: $1,173/mo

Market Indicators (Redfin)

Median Days on Market
224 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
11.1%
of listings with price reduction
Price Per Sq Ft
$193
Active Inventory
27
homes for sale

Affordability & Housing Stock

Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1996
Average age of housing stock: 30 years
Homeownership Rate
76.1%

Complete Housing Data

Home Values

Census Median Value$277,300
Zillow Home Value (ZHVI)$340,290
Median Sale Price$380,000
Median List Price$332,091
Price Per Sq Ft$193

Rent

Census Median Rent$1,173
FMR Studio$1,137
FMR 1-Bedroom$1,181
FMR 2-Bedroom$1,369
FMR 3-Bedroom$1,787
FMR 4-Bedroom$2,126

Market

Days on Market224
Sale-to-List Ratio1.0%
Price Drops11.1%
Homes Sold4
Active Inventory27
Price Per Sq Ft$193

Ownership & Stock

Owner-Occupied76.1%
Renter-Occupied23.9%
Homeownership Rate76.1%
Total Housing Units508
Median Year Built1996
Rent Burden51.0%