Fredericksburg, TX—78624
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fredericksburg, TX
As of Oct '25, the median home price in Fredericksburg, TX is $516,000, with a year-over-year change of -0.4%. This indicates that home prices in Fredericksburg, TX are flat. According to Zillow, the 1-year price projection is -1.4%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $516,000 | -0.4% |
| Single Family | $517,000 | -1.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $434,000 | -8.4% |
3 Bed | $504,000 | -3.8% |
4 Bed | $689,000 | -1.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Fredericksburg, TX
As of July '25, Rentcast reports the average rent in Fredericksburg, TX is $2,200, with a year-over-year rent change of -12.7%. Per bedroom, the median rent as of July '25 in Fredericksburg, TX is studios: $1,130, 1-bedrooms: $1,370, 2-bedrooms: $2,100, 3-bedrooms: $2,420, 4-bedrooms: $2,780. The most common rental property sizes in Fredericksburg, TX are 2-bedroom and 3-bedroom, accounting for 44.6% and 27.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,200 |
| Studio Rent | $1,090 | $1,130 |
| 1 Bed Rent | $1,000 | $1,370 |
| 2 Bed Rent | $2,000 | $2,100 |
| 3 Bed Rent | $2,500 | $2,420 |
| 4 Bed Rent | $2,920 | $2,780 |
% of Rental Stock
Property Listings — Fredericksburg, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Fredericksburg, TX is 104. This is a increase of 10.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $714,000 | -7.0% |
Listing Count | 492 | 17.0% |
| Listings as % of Homes | 1.5% | 17.0% |
Days on Market | 104 | 10.0% |
Demographics — Fredericksburg, TX
As of the latest ACS Survey released in 2023, Fredericksburg, TX has a population of 23,600, which has increased by 7.6% over the past 5 years. Fredericksburg, TX is a moderately popular place for families, as children make up 19.4% of the population. The area has a moderately educated workforce, with 36.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 23,600 | 7.6% |
% Under 18 | 19.4% | -4.0% |
% Seniors | 30.0% | 6.8% |
% WFH | 10.8% | 45.9% |
% w/ College Degree | 36.8% | 7.3% |
As of the latest ACS Survey released in 2023, Fredericksburg, TX is a predominantly white area, with 73.4% of the population identifying as white. The white population has shrunk by 2.4% in the last 5 years. The second most common race or ethnicity in Fredericksburg, TX is hispanic, making up 23.4% of the population. Foreign-born residents account for 7.3% of the population in Fredericksburg, TX, and this percentage has decreased by 32.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 73.4% | -2.4% |
% Black | 0.5% | ∞% |
% Hispanic | 23.4% | 4.5% |
% Asian | 0.3% | 50.0% |
% Foreign Born | 7.3% | -32.4% |
Mortgage and Risk — Fredericksburg, TX
According to HUD data as of 2023, there were 282 mortgage originations in Fredericksburg, TX, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Fredericksburg, TX. Investor activity is low, as 5.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 282 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 5.0% |
% Second Loans | 10.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Fredericksburg, TX
As of 2024, the percent of homes in Fredericksburg, TX under the Section 8 program is 1.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Fredericksburg, TX, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 37 |
Total Units Section 8 | 37 |
% Rentals under Section 8 | 1.6% |
% Occupied Section 8 | 72.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $230 | $1,000 | $1,230 |
| 2 Bedroom | -$490 | $2,000 | $1,510 |
| 3 Bedroom | -$510 | $2,500 | $1,990 |
| 4 Bedroom | -$670 | $2,920 | $2,250 |
Affordability — Fredericksburg, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.9 |
| Median Home Price | $516,000 |
| Median Household Income | $68,000 |