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Fredericksburg, VA
Full City Profile · Virginia · Fredericksburg city County
3.4
/5.0
B
Good
28,383
Population
2,716/sq mi density
$85,368
Median Income
$46,503 per capita
$461,500
Home Value
$475,651 Zillow
$1,521
Median Rent
28.7% income on rent
57°F
Avg Temperature
293 sunny days/yr
449
Violent Crime/100K
4,112 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$85,368 median income, 3.1% unemployment
B+
Affordability
3.6 / 5.0
$461,500 home value, $1,521/mo rent
F
Safety
1.0 / 5.0
449 violent crimes/100K (18% above avg)
A+
Education
4.7 / 5.0
46.8% bachelor's degree or higher
Housing Overview
Median Home Value
$461,500
64% above
US avg: $281,900
Median Rent
$1,521/mo
31% above
US avg: $1,163/mo
Homeownership Rate
41.6%
36% below US avg (65.4%)
Total Housing Units
12,118
Median year built: 1987
Home Value by Source
Census Median
$461,500
Zillow (ZHVI)
$475,651
Median Sale Price
$520,000
Median List Price
$455,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
41.6%
Owner-Occupied
58.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,953/mo
1 Bedroom
$2,015/mo
2 Bedroom
$2,246/mo
3 Bedroom
$2,835/mo
4 Bedroom
$3,332/mo
Census median rent:
$1,521/mo
· Zillow rent:
$1,960/mo
Market Indicators (Redfin)
Median Days on Market
65 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
27
Price Drops
17.6%
of listings with price reduction
Price Per Sq Ft
$222
Active Inventory
74
homes for sale
Affordability & Housing Stock
Rent Burden
28.7%
of renters spending 30%+ of income on housing
7% below US avg (31.0%)
Median Year Built
1987
Average age of housing stock: 39 years
Homeownership Rate
41.6%
Complete Housing Data
Home Values
| Census Median Value | $461,500 |
| Zillow Home Value (ZHVI) | $475,651 |
| Median Sale Price | $520,000 |
| Median List Price | $455,000 |
| Price Per Sq Ft | $222 |
Rent
| Census Median Rent | $1,521 |
| Zillow Rent (ZORI) | $1,960 |
| FMR Studio | $1,953 |
| FMR 1-Bedroom | $2,015 |
| FMR 2-Bedroom | $2,246 |
| FMR 3-Bedroom | $2,835 |
| FMR 4-Bedroom | $3,332 |
Market
| Days on Market | 65 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 17.6% |
| Homes Sold | 27 |
| Active Inventory | 74 |
| Price Per Sq Ft | $222 |
Ownership & Stock
| Owner-Occupied | 41.6% |
| Renter-Occupied | 58.4% |
| Homeownership Rate | 41.6% |
| Total Housing Units | 12,118 |
| Median Year Built | 1987 |
| Rent Burden | 28.7% |