Fredericksburg, VA · Market Data

Fredericksburg, Virginia real estate market data.

Real estate market data for Fredericksburg, VA (Fredericksburg city) — Census median home value $461,500, county listing prices up about 2.3% over the past year.

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Fredericksburg, VA is in Fredericksburg city, Virginia — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 28,383, with a median household income of $85,368. Census data puts Fredericksburg's median home value at $461,500.

At a glance

Fredericksburg market snapshot

Population

28,383

Median Household Income

$85,368

Median Home Value (city)

$461,500

Median Gross Rent

$1,521/mo

Price Trend (YoY)

+2.3%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Fredericksburg

What makes Fredericksburg different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Fredericksburg's median home value — across all owner-occupied homes, not just recent sales — at $461,500.

County Price Trend

Fredericksburg city's FHFA house price index shows a 2.34% annual change in 2025.

Population & Income

Fredericksburg has an estimated population of 28,383 and a median household income of $85,368, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Fredericksburg's Census-reported median home value works out to about 5.4x the area's median household income, and median gross rent runs roughly 21% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Fredericksburg FAQ

What are home values like in Fredericksburg, VA?

The Census Bureau's American Community Survey puts Fredericksburg's median home value at $461,500.

What is the population of Fredericksburg, VA?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Fredericksburg's population at approximately 28,383.

What's the median rent in Fredericksburg, VA?

The Census ACS estimates median gross rent in Fredericksburg at approximately $1,521 per month.

What is the median household income in Fredericksburg, VA?

Census ACS data puts the median household income in Fredericksburg at approximately $85,368.

Is the Fredericksburg housing market growing?

Fredericksburg city's FHFA house price index shows a 2.34% annual change in 2025.

Is Fredericksburg, VA affordable relative to income?

Census ACS data puts Fredericksburg's median home value at about 5.4 times the median household income, with median gross rent equal to roughly 21% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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