Fredericksburg, VA Foreclosures
How much do homes sell for in Fredericksburg, VA?
The average home price is currently $537,698.
In Fredericksburg, VA, how many homes are available?
There are currently 47 active home listings available in Fredericksburg.
What’s the average rental cost in Fredericksburg, VA?
The average rental price in Fredericksburg is $1,826.
What is the most expensive home in Fredericksburg?
The most expensive home sold in Fredericksburg had a price of $121,699,860.
What is currently the cheapest priced home in Fredericksburg, VA?
The cheapest home for sale in Fredericksburg is priced at $10,219.
Living in Fredericksburg, VA
Fredericksburg, VA is a charming city fusing history with modern amenities. Nestled near the Rappahannock River, it offers rich cultural experiences, outdoor recreation, and strong educational facilities. Its proximity to Washington, D.C. provides convenient commuting options, making it an ideal place for families and professionals.
Current Market Conditions in Fredericksburg, VA
The real estate market in Fredericksburg remains active, with a steady demand for homes both from locals and out-of-state buyers. Property values have shown resilience, and though they have fluctuated slightly in recent months, the overall trend indicates a stable and growing market. The appeal of Fredericksburg's history and access to urban conveniences contributes to this continued interest.
Currently, there is a diverse inventory of homes available, ranging from historic properties to new constructions, catering to a broad demographic of potential homeowners. New developments are on the rise, with investments in both residential and commercial sectors indicating a positive future for the market.
While sellers are seeing some challenges with competition, buyers are benefiting from lower interest rates as they seek homes in this desirable area. Real estate analysts predict a balanced market moving forward, with gradual appreciation in home values.
Home Value Estimator For Fredericksburg, VA
There are currently 51,524 real estate properties
in Fredericksburg, VA,
with a median automated valuation model (AVM) price
of $466,500.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Fredericksburg, VA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Fredericksburg, VA,
is $537,698.00, with the most expensive house
in Fredericksburg, VA, topping out
at $121,699,860.00 and the cheapest home
in Fredericksburg, VA,
clocking in at $10,219.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Fredericksburg, VA!
Rent Prices
In Fredericksburg, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Fredericksburg, VA, is on
a rollercoaster ride. The
average rent price in Fredericksburg, VA,
is $1,826.00. Indeed, when looking to rent in
Fredericksburg, VA, you can expect to pay as little
as $660.00 or as much
as $5,920.00,
with the average rent median estimated to
be $1,800.00. The good news is that finding
an affordable and desirable property to rent in Fredericksburg, VA
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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