The housing market in the Fredericksburg, TX Metro Area is strong, with a median value of $543,700. This is significantly higher than the national median of $338,100. While the national 1 year house appreciation rate was 8.27%, it was lower in Fredericksburg at 4.71%. Despite this lower rate, housing prices are still on the rise in the area due to its strong economy and desirable location.
The median home cost in Fredericksburg Metro Area is $543,700. Home appreciation the last 10 years has been 174.5%. Home Appreciation in Fredericksburg Metro Area is up 20.0%.
Average Age of Homes
- The median age of Fredericksburg Metro Area real estate is 29 years old
The Rental Market in Fredericksburg Metro Area
- Renters make up 21.0% of the Fredericksburg Metro Area population
- 0.7% of houses and apartments in Fredericksburg Metro Area, 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.