Fredericksburg, VA 22401 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

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Fredericksburg, VA—22401

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$455,000

0.5% YoY Growth

Household Income

$85,400

35.0% YoY Growth

Days on Market

39

2.0% Shorter YoY

Home Price Forecast

-0.2%

Median Rent

$2,000

0.9% YoY Growth

1-Bed Rent

$1,600

12.4% YoY Growth

2-Bed Rent

$1,700

17.5% YoY Growth

3-Bed Rent

$2,500

9.6% YoY Growth

Other Zip Codes in Fredericksburg, VA

22553 22407 22406 22408 22405 22736

Home Price Trends — Fredericksburg, VA

As of Nov '25, the median home price in Fredericksburg, VA is $455,000, with a year-over-year change of 0.5%. This indicates that home prices in Fredericksburg, VA are flat. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$455,000	0.5%
Single Family	$461,000	0.4%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Fredericksburg, VA

As of July '25, Rentcast reports the average rent in Fredericksburg, VA is $2,200, with a year-over-year rent change of -0.9%. Per bedroom, the median rent as of July '25 in Fredericksburg, VA is studios: $2,140, 1-bedrooms: $1,690, 2-bedrooms: $1,790, 3-bedrooms: $2,440, 4-bedrooms: $2,920. The most common rental property sizes in Fredericksburg, VA are 2-bedroom and 1-bedroom, accounting for 38.9% and 32.4% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,000	$2,200
Studio Rent	$1,850	$2,140
1 Bed Rent	$1,600	$1,690
2 Bed Rent	$1,700	$1,790
3 Bed Rent	$2,500	$2,440
4 Bed Rent	$2,800	$2,920

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% of Rental Stock

Studio

4.0%

1 Bedroom

32.4%

2 Bedrooms

38.9%

3 Bedrooms

20.5%

4 Bedrooms

3.2%

5+ Bedrooms

1.1%

Property Listings — Fredericksburg, VA

As of Nov '25, Realtor.com reports that the median days on market for a home in Fredericksburg, VA is 39. This is a decrease of -2.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 13.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$586,000	-6.0%
Listing Count	94	8.0%
Listings as % of Homes	0.4%	8.0%
Days on Market	39	-2.0%

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Demographics — Fredericksburg, VA

As of the latest ACS Survey released in 2023, Fredericksburg, VA has a population of 28,200, which has remained stable by -0.9% over the past 5 years. Fredericksburg, VA is a moderately popular place for families, as children make up 20.9% of the population. The area has a highly educated workforce, with 46.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	28,200	-0.9%
% Under 18	20.9%	0.0%
% Seniors	11.3%	6.6%
% WFH	14.3%	81.0%
% w/ College Degree	46.8%	11.2%

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As of the latest ACS Survey released in 2023, Fredericksburg, VA is a predominantly white area, with 55.9% of the population identifying as white. The white population has shrunk by 6.5% in the last 5 years. The second most common race or ethnicity in Fredericksburg, VA is black, making up 20.3% of the population. Foreign-born residents account for 12.3% of the population in Fredericksburg, VA, and this percentage has increased by 41.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	55.9%	-6.5%
% Black	20.3%	-8.6%
% Hispanic	12.4%	14.8%
% Asian	3.8%	65.2%
% Foreign Born	12.3%	41.4%

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Mortgage and Risk — Fredericksburg, VA

According to HUD data as of 2023, there were 403 mortgage originations in Fredericksburg, VA, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Fredericksburg, VA. Investor activity is low, as 4.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	403
% Conventional Loans	65.0%
% Government Loans	35.0%
% Investor Loans	4.0%
% Second Loans	0.0%
% Cash Out Refinance	7.0%

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Rentals and Section 8 — Fredericksburg, VA

As of 2024, the percent of homes in Fredericksburg, VA under the Section 8 program is 12.7%. 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. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Fredericksburg, VA, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	828
Total Units Section 8	813
% Rentals under Section 8	12.7%
% Occupied Section 8	93.8%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$70	$1,600	$1,530
2 Bedroom	$20	$1,700	$1,720
3 Bedroom	-$350	$2,500	$2,150
4 Bedroom	-$260	$2,800	$2,540