Fredericksburg, VA housing market
The typical Fredericksburg home is worth about $480,000, up 1% in a year, 16% above the Virginia typical home. Homes typically sell in 38 days, close to asking.
Home values, sales, trends and how Fredericksburg compares with the towns next door — updated as new data is published.
Fredericksburg at a glance
A seller's market
Supply is tight — about 2.3 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Fredericksburg | Virginia |
|---|---|---|
| 2017 | $289,000 | $253,000 |
| 2018 | $300,000 | $263,000 |
| 2019 | $310,000 | $271,000 |
| 2020 | $322,000 | $284,000 |
| 2021 | $359,000 | $311,000 |
| 2022 | $407,000 | $345,000 |
| 2023 | $430,000 | $367,000 |
| 2024 | $449,000 | $386,000 |
| 2025 | $474,000 | $405,000 |
| 2026 | $479,000 | $411,000 |
| August 2026 | $480,000 | $415,000 |
25 new homes permitted in 2025
Builders were permitted 25 new homes in Fredericksburg in 2025, all single-family houses, worth about $7 million to build. That's 0.9 per 1,000 residents, slower than across Virginia (4). Over the past 10 years, Fredericksburg has permitted 1,511 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Fredericksburg gained 3,696 residents while 2,162 new homes were permitted: about 1.7 new residents per new home. Building and growth moved roughly in step. Across Virginia: 2.2 new residents per new home.
How Fredericksburg ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 21 | 21 | 0 | $3.4 million |
| 2025 | 25 | 25 | 0 | $7 million |
| 2024 | 37 | 37 | 0 | $11.3 million |
| 2023 | 82 | 82 | 0 | $22.6 million |
| 2022 | 183 | 183 | 0 | $45.3 million |
| 2021 | 142 | 142 | 0 | $39.5 million |
| 2020 | 104 | 104 | 0 | $25.8 million |
| 2019 | 274 | 62 | 212 | $37.8 million |
| 2018 | 410 | 41 | 369 | $38.7 million |
| 2017 | 64 | 64 | 0 | $11.9 million |
| 2016 | 190 | 62 | 128 | $23 million |
| 2015 | 53 | 53 | 0 | $14.8 million |
| 2014 | 23 | 23 | 0 | $5.6 million |
| 2013 | 52 | 52 | 0 | $13.5 million |
| 2012 | 338 | 87 | 251 | $30.8 million |
| 2011 | 412 | 110 | 302 | $27.1 million |
| 2010 | 346 | 114 | 232 | $37.3 million |
| 2009 | 245 | 88 | 157 | $34.2 million |
| 2008 | 88 | 88 | 0 | $15 million |
| 2007 | 101 | 101 | 0 | $22.6 million |
| 2006 | 278 | 278 | 0 | $42.5 million |
| 2005 | 410 | 410 | 0 | $66.2 million |
| 2004 | 170 | 170 | 0 | $26.4 million |
| 2003 | 46 | 46 | 0 | $9.4 million |
| 2002 | 103 | 103 | 0 | $12.5 million |
| 2001 | 72 | 72 | 0 | $6.2 million |
| 2000 | 41 | 41 | 0 | $4.5 million |
How Fredericksburg ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Fredericksburg and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Fredericksburg | $480K | +1% | $1,750 | 25 | $86,071 |
| Falmouth | — | +3.2%† | $2,010 | — | $111,977 |
† FHFA price index change, where Zillow has no home value for the town.
5.6 years of income
The typical Fredericksburg home costs about 5.6 years of the town's median household income, more than across Virginia (4.5 years).
How Fredericksburg ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,750
HUD's Fair Market Rent for a two-bedroom in Fredericksburg is $1,750 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Fredericksburg pay a median of $1,619. A two-bedroom takes about 24% of the town's median household income.
Studio $1,520 · 4 bedrooms $2,600
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (22401; Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Fredericksburg
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.