Fredericksburg, VA 22405 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

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Fredericksburg, VA—22405

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$466,000

2.4% YoY Growth

Household Income

$128,000

37.4% YoY Growth

Days on Market

44

24.0% Longer YoY

Home Price Forecast

0.1%

Median Rent

$2,500

10.3% YoY Growth

1-Bed Rent

$1,200

4.9% YoY Growth

2-Bed Rent

$1,740

2.3% YoY Growth

3-Bed Rent

$2,400

8.3% YoY Growth

Other Zip Codes in Fredericksburg, VA

22553 22407 22406 22408 22401 22736

Home Price Trends — Fredericksburg, VA

As of Nov '25, the median home price in Fredericksburg, VA is $466,000, with a year-over-year change of 2.4%. This indicates that home prices in Fredericksburg, VA are increasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$466,000	2.4%
Single Family	$467,000	2.2%
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 $2,560, with a year-over-year rent change of 10.3%. Per bedroom, the median rent as of July '25 in Fredericksburg, VA is 1-bedrooms: $1,370, 2-bedrooms: $1,710, 3-bedrooms: $2,350, 4-bedrooms: $2,990. The most common rental property sizes in Fredericksburg, VA are 4-bedroom and 3-bedroom, accounting for 33.4% and 33.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,500	$2,560
Studio Rent	N/A	N/A
1 Bed Rent	$1,200	$1,370
2 Bed Rent	$1,740	$1,710
3 Bed Rent	$2,400	$2,350
4 Bed Rent	$2,800	$2,990

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% of Rental Stock

Studio

3.2%

1 Bedroom

3.4%

2 Bedrooms

22.9%

3 Bedrooms

33.0%

4 Bedrooms

33.4%

5+ Bedrooms

4.0%

Property Listings — Fredericksburg, VA

As of Nov '25, Realtor.com reports that the median days on market for a home in Fredericksburg, VA is 44. This is a increase of 24.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$559,000	1.0%
Listing Count	122	6.0%
Listings as % of Homes	0.6%	6.0%
Days on Market	44	24.0%

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Demographics — Fredericksburg, VA

As of the latest ACS Survey released in 2023, Fredericksburg, VA has a population of 36,100, which has increased by 16.6% over the past 5 years. Fredericksburg, VA is a popular place for families, as children make up 25.8% of the population. The area has a moderately educated workforce, with 44.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.4% reporting working from home.

Metric	Latest Census	YoY % Change
Population	36,100	16.6%
% Under 18	25.8%	-3.4%
% Seniors	13.8%	10.4%
% WFH	17.4%	324.4%
% w/ College Degree	44.0%	16.1%

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As of the latest ACS Survey released in 2023, Fredericksburg, VA is a predominantly white area, with 64.1% of the population identifying as white. The white population has shrunk by 16.3% in the last 5 years. The second most common race or ethnicity in Fredericksburg, VA is black, making up 14.1% of the population. Foreign-born residents account for 9.9% of the population in Fredericksburg, VA, and this percentage has increased by 94.1% 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	64.1%	-16.3%
% Black	14.1%	15.6%
% Hispanic	9.6%	108.7%
% Asian	2.5%	31.6%
% Foreign Born	9.9%	94.1%

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Mortgage and Risk — Fredericksburg, VA

According to HUD data as of 2023, there were 793 mortgage originations in Fredericksburg, VA, of which 60.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Fredericksburg, VA. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	793
% Conventional Loans	60.0%
% Government Loans	40.0%
% Investor Loans	2.0%
% Second Loans	0.0%
% Cash Out Refinance	12.0%

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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 4.9%. 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. In Fredericksburg, VA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

Section 8 Market Size

Total Units under HUD	87
Total Units Section 8	75
% Rentals under Section 8	4.9%
% Occupied Section 8	88.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$530	$1,200	$1,730
2 Bedroom	$210	$1,740	$1,950
3 Bedroom	$40	$2,400	$2,440
4 Bedroom	$80	$2,800	$2,880