Zip 22406 (Fredericksburg, VA) Housing

The housing in 22406 Fredericksburg, VA is a great investment. The median value of the housing in this area is $493,700, which is significantly higher than the US median value of $338,100. Over the past year, the appreciation for houses in this area has been 10.11%, which is even higher than the US one-year house appreciation of 8.27%. This means that investing in housing in 22406 Fredericksburg, VA will yield a great return over time.

The median home cost in Fredericksburg (zip 22406) is $493,700. Home appreciation the last 10 years has been 70.1%. Home Appreciation in Fredericksburg (zip 22406) is up 9.8%.

Average Age of Homes

- The median age of Fredericksburg (zip 22406) real estate is 18 years old

The Rental Market in Fredericksburg (zip 22406)

- Renters make up 26.4% of the Fredericksburg (zip 22406) population
- 2.0% of houses and apartments in Fredericksburg (zip 22406), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Fredericksburg, Virginia	United States
	9,508.0	139,647,020.0
	21	42
	$493,700	$338,100
	9.8%	16.6%
	45.4%	57.0%
	70.1%	101.1%
	$8.37	$10.98
	$3,210	$2,690
	71.2%	57.4%
	3.8%	11.2%
	25.1%	31.4%
Vacant Housing
	2.0%	1.9%
	0.2%	0.4%
	0.4%	0.7%
	0.0%	0.4%
	0.1%	3.6%
	1.1%	4.1%
Value of Owner-Occupied Housing
	0.4%	2.6%
	0.2%	2.4%
	0.3%	2.8%
	0.0%	3.9%
	0.3%	4.5%
	1.0%	11.3%
	2.1%	13.0%
	16.2%	20.1%
	35.2%	13.6%
	24.0%	8.3%
	15.7%	9.7%
	3.3%	3.9%
	0.5%	2.2%
	0.2%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	31.4%	13.6%
	31.4%	13.6%
	24.9%	13.6%
	12.1%	13.2%
	6.0%	14.8%
	24.9%	13.6%
	1.8%	10.0%
	0.6%	4.7%
	1.0%	12.2%

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