Fredericksburg, VA Foreclosures
How much do homes sell for in Fredericksburg, VA?
The average home price is currently $539,006.
In Fredericksburg, VA, how many homes are available?
There are currently 1 active home listings available in Fredericksburg.
What’s the average rental cost in Fredericksburg, VA?
The average rental price in Fredericksburg is $1,825.
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 $10,210.
Living in Fredericksburg, VA
Fredericksburg, Virginia, is a historic city located halfway between Washington, D.C., and Richmond. Known for its charming historic districts, the city offers a rich blend of culture, shopping, and dining experiences. Residents enjoy outdoor activities along the Rappahannock River and access to various parks, making it a great place for families and outdoor enthusiasts.
Current Market Conditions in Fredericksburg, VA
Currently, the Fredericksburg real estate market is experiencing a steady demand, with homes selling slightly above their asking prices. Buyers are drawn to the city's historic charm and convenient location, which has resulted in limited inventory and increased competition for desirable properties. The market remains healthy, but potential buyers should be prepared for a fast-paced buying environment.
There is a high interest from investors and first-time home buyers, prompting new developments and renovations in older areas of the city. The diversity in home styles, ranging from historic to contemporary, caters to various preferences and budgets, bolstering the appeal of Fredericksburg as a thriving real estate market.
Home Value Estimator For Fredericksburg, VA
There are currently 51,719 real estate properties
in Fredericksburg, VA,
with a median automated valuation model (AVM) price
of $465,552.00. 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 $539,006.00, 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 $10,210.00. 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 $1,825.00. 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 $1,790.00. 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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