Fredericksburg, VA Home Values & Market Trends
Real estate market trends reflect that there have been 2,743 transactions over the past year in Fredericksburg. The median value for residential home transactions that occurred over the previous year is $426,309.59. The number of current listings in Fredericksburg is 406, and the percentage of properties for sale in the city is 406.00%. Fredericksburg, VA currently has 51 properties in foreclosure, 5 bank owned properties, 46 properties headed for auction, and 406 properties for sale.
Fredericksburg, VA Real Estate Market Overview
| Zip | Median Est. Value | Zip | Median Est. Value |
|---|---|---|---|
| 22407 | $ 419,844 $ 189/sqft | 22405 | $ 482,048 $ 199/sqft |
| 22407 | $ 419,844 $ 189/sqft | 22406 | $ 512,029 $ 194/sqft |
| 22407 | $ 419,844 $ 189/sqft | 22401 | $ 498,973 $ 246/sqft |
| 22408 | $ 410,497 $ 178/sqft | 22406 | $ 512,029 $ 194/sqft |
| 22408 | $ 410,497 $ 178/sqft | 22401 | $ 498,973 $ 246/sqft |
| 22408 | $ 410,497 $ 178/sqft | 22406 | $ 512,029 $ 194/sqft |
| 22405 | $ 482,048 $ 199/sqft | 22401 | $ 498,973 $ 246/sqft |
| 22405 | $ 482,048 $ 199/sqft |
Housing Market Summary for Fredericksburg, VA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $393.2K | $425K | 8.08% |
| Median Sold Price | $415.8K | $425K | 2.21% |
| Homes For Sale | 422 | 380 | -9.95% |
| Homes Sold | 1,346 | 1,374 | 2.08% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
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Browse Homes in Fredericksburg, VA
Fredericksburg home values range from $13,810 to $26,520,261. The median estimated value of a home in Fredericksburg is $426,309.59. The median list price of a home is 399,900, and the total count of properties in the city is 58,710.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Fredericksburg, VA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 15 zips within Fredericksburg, VA; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Fredericksburg, VA ranges from the highest value of $421,752 in 22406 to the lowest value of $206,571 in 22407. Bank owned homes and properties account for 0.01% of properties in Fredericksburg, VA. There are 15 zips within Fredericksburg, VA; 22407 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions22408 has 16 auction properties, the highest number of properties going to auction in a single zip in the state of Fredericksburg, VA. Auction homes and other auction properties account for 0.08% of all properties in Fredericksburg, VA. There are 15 zips within Fredericksburg, VA; of those zips, the median estimated home value for homes going to auction ranges from $480,547 in 22406 to the lowest value of $130,366 in 22406.
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Guide for Fredericksburg, VA
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