Zip 22407 (Fredericksburg, VA) Housing

Housing in 22407 Fredericksburg, VA is currently valued at $404,000, which is significantly higher than the US House Median Value of $338,100. Additionally, the house appreciation rate in this area has been performing exceptionally well over the past year with an increase of 10.11%, compared to the US average of 8.27%. This means that people who invest in a home in 22407 Fredericksburg, VA can expect to see a substantial return on their investment as time goes on.

The median home cost in Fredericksburg (zip 22407) is $404,000. Home appreciation the last 10 years has been 70.1%. Home Appreciation in Fredericksburg (zip 22407) is up 9.8%.

Average Age of Homes

- The median age of Fredericksburg (zip 22407) real estate is 25 years old

The Rental Market in Fredericksburg (zip 22407)

- Renters make up 26.2% of the Fredericksburg (zip 22407) population
- 2.2% of houses and apartments in Fredericksburg (zip 22407), 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
	21,911.0	139,647,020.0
	28	42
	$404,000	$338,100
	9.8%	16.6%
	45.4%	57.0%
	70.1%	101.1%
	$6.46	$10.98
	$1,969	$2,690
	72.0%	57.4%
	4.8%	11.2%
	23.3%	31.4%
Vacant Housing
	2.2%	1.9%
	0.1%	0.4%
	0.6%	0.7%
	0.4%	0.4%
	1.0%	3.6%
	0.4%	4.1%
Value of Owner-Occupied Housing
	0.8%	2.6%
	1.1%	2.4%
	0.6%	2.8%
	0.2%	3.9%
	0.3%	4.5%
	2.6%	11.3%
	7.3%	13.0%
	35.7%	20.1%
	30.5%	13.6%
	13.8%	8.3%
	5.3%	9.7%
	1.7%	3.9%
	0.0%	2.2%
	0.1%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.5%	0.2%
	22.6%	13.6%
	22.6%	13.6%
	25.4%	13.6%
	26.6%	13.2%
	9.5%	14.8%
	25.4%	13.6%
	1.9%	10.0%
	0.1%	4.7%
	1.2%	12.2%

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