Fredericksburg, VA 22553 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

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Fredericksburg, VA—22553

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$425,000

0.3% YoY Growth

Household Income

$131,000

42.9% YoY Growth

Days on Market

51

2.0% Longer YoY

Home Price Forecast

-0.3%

Median Rent

$2,500

7.1% YoY Growth

1-Bed Rent

$1,300

13.2% YoY Growth

2-Bed Rent

$1,590

10.2% YoY Growth

3-Bed Rent

$2,500

10.8% YoY Growth

Other Zip Codes in Fredericksburg, VA

22407 22406 22408 22401 22405 22736

Home Price Trends — Fredericksburg, VA

As of Nov '25, the median home price in Fredericksburg, VA is $425,000, with a year-over-year change of -0.3%. This indicates that home prices in Fredericksburg, VA are flat. According to Zillow, the 1-year price projection is -0.3%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$425,000	-0.3%
Single Family	$425,000	-0.2%
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 $2,250, with a year-over-year rent change of 7.1%. Per bedroom, the median rent as of July '25 in Fredericksburg, VA is 1-bedrooms: $1,320, 2-bedrooms: $1,590, 3-bedrooms: $2,460, 4-bedrooms: $2,600. The most common rental property sizes in Fredericksburg, VA are 2-bedroom and 1-bedroom, accounting for 39.7% and 19.2% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,500	$2,250
Studio Rent	N/A	N/A
1 Bed Rent	$1,300	$1,320
2 Bed Rent	$1,590	$1,590
3 Bed Rent	$2,500	$2,460
4 Bed Rent	$2,800	$2,600

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% of Rental Stock

Studio

1.0%

1 Bedroom

19.2%

2 Bedrooms

39.7%

3 Bedrooms

16.9%

4 Bedrooms

18.7%

5+ Bedrooms

4.5%

Property Listings — Fredericksburg, VA

As of Nov '25, Realtor.com reports that the median days on market for a home in Fredericksburg, VA is 51. This is a increase of 2.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$590,000	1.0%
Listing Count	51	5.0%
Listings as % of Homes	0.6%	5.0%
Days on Market	51	2.0%

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Demographics — Fredericksburg, VA

As of the latest ACS Survey released in 2023, Fredericksburg, VA has a population of 17,000, which has increased by 13.5% over the past 5 years. Fredericksburg, VA is a moderately popular place for families, as children make up 23.6% of the population. The area has a moderately educated workforce, with 36.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	17,000	13.5%
% Under 18	23.6%	-14.8%
% Seniors	14.4%	19.0%
% WFH	15.9%	152.4%
% w/ College Degree	36.2%	2.3%

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As of the latest ACS Survey released in 2023, Fredericksburg, VA is a predominantly white area, with 71.2% of the population identifying as white. The white population has shrunk by 1.7% in the last 5 years. The second most common race or ethnicity in Fredericksburg, VA is black, making up 14.7% of the population. Foreign-born residents account for 5.5% of the population in Fredericksburg, VA, and this percentage has increased by 7.8% 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	71.2%	-1.7%
% Black	14.7%	-5.8%
% Hispanic	8.1%	15.7%
% Asian	1.3%	-18.8%
% Foreign Born	5.5%	7.8%

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Mortgage and Risk — Fredericksburg, VA

According to HUD data as of 2023, there were 411 mortgage originations in Fredericksburg, VA, of which 56.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Fredericksburg, VA. Investor activity is low, as 1.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	411
% Conventional Loans	56.0%
% Government Loans	44.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	16.0%

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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 11.6%. 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. 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	154
Total Units Section 8	115
% Rentals under Section 8	11.6%
% Occupied Section 8	88.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$580	$1,300	$1,880
2 Bedroom	$530	$1,590	$2,120
3 Bedroom	$150	$2,500	$2,650
4 Bedroom	$330	$2,800	$3,130