Fredericksburg, VA

Balanced market+14.9% YoY

Housing market overview · Updated weekly

$520,000median sale price

Homes sold

27

Last 12 weeks

Days on market

65

Average pace

Active listings

74

2.7 months supply

Sale-to-list

98.7%

Below asking

The Fredericksburg housing market is currently classified as a balanced market with a median sale price of $520,000. Prices have risen 14.9% compared to last year, with homes spending an average of 65 days on market, indicating 2.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

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Frequently asked questions

What is the average home price in Fredericksburg?

The median home sale price in Fredericksburg is $520,000, up 14.9% from last year.

How long do homes stay on market in Fredericksburg?

Homes typically spend 65 days on market before going under contract.

Is Fredericksburg a buyer's or seller's market?

With 2.7 months of supply, Fredericksburg is currently a balanced market.

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