Fredericksburg, VA Foreclosures
How much do homes sell for in Fredericksburg, VA?
The average home price is currently $541,685.
In Fredericksburg, VA, how many homes are available?
There are currently 156 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 $10,295.
Living in Fredericksburg, VA
Fredericksburg, VA, offers a unique blend of historical charm and modern living, making it an attractive suburb for families and professionals alike. With its rich Civil War history, vibrant downtown, and beautiful parks, everyone can find something to enjoy here. Additionally, its convenient location between Washington D.C. and Richmond provides easy access to city amenities while maintaining a peaceful lifestyle.
Current Market Conditions in Fredericksburg, VA
The real estate market in Fredericksburg, VA, has seen significant growth in recent years, making it a desirable location for homebuyers. The demand for homes is strong, driven by the area's historical appeal, excellent schools, and family-friendly community. Home prices have appreciated steadily, which reflects the rising interest in suburban living as people seek more space and affordability compared to urban areas.
Current market trends indicate a mixture of rising home prices and an increase in inventory levels. As more new constructions and developments arise, the market is slowly balancing, allowing potential buyers more options for choosing their perfect home.
Home Value Estimator For Fredericksburg, VA
There are currently 51,517 real estate properties
in Fredericksburg, VA,
with a median automated valuation model (AVM) price
of $469,482.00. 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 $541,685.00, 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 $10,295.00. 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.