The housing market in 22405 Fredericksburg, VA is doing well compared to the US House median value. The median value for a home in Fredericksburg comes in at $401,500, which is higher than the US House median value of $338,100. Additionally, home appreciation has been strong over the last year with an increase of 10.11%, significantly higher than the US 1 year house appreciation rate of 8.27%. It is clear that the housing market in 22405 Fredericksburg, VA is healthy and growing.
The median home cost in Fredericksburg (zip 22405) is $401,500. Home appreciation the last 10 years has been 70.1%. Home Appreciation in Fredericksburg (zip 22405) is up 9.8%.
Average Age of Homes
- The median age of Fredericksburg (zip 22405) real estate is 33 years old
The Rental Market in Fredericksburg (zip 22405)
- Renters make up 19.0% of the Fredericksburg (zip 22405) population
- 0.6% of houses and apartments in Fredericksburg (zip 22405), 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.