Fredericksburg, VA is an attractive place to live with a median housing value of $399,200. This is slightly higher than the US House Median Value of $338,100. Furthermore, in the past year there has been an 8.27% increase in the US housing value and a 10.11% increase in Fredericksburg's housing values, making this an even more attractive investment. With its affordable cost of living and growing appreciation rate, Fredericksburg is a great place to invest in real estate.
The median home cost in Fredericksburg is $399,200. Home appreciation the last 10 years has been 70.1%. Home Appreciation in Fredericksburg is up 9.8%.
Average Age of Homes
- The median age of Fredericksburg real estate is 40 years old
The Rental Market in Fredericksburg
- Renters make up 57.0% of the Fredericksburg population
- 2.7% of houses and apartments in Fredericksburg, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.