Fredericksburg is a city that is growing faster than others in Virginia at a 10-year growth rate of 31.0%. It also has a larger than average population of 24,286 people. With a median age of 36 years, homes in Fredericksburg tend to be relatively old. Topping the list of best schools in the city is James Monroe High School.
Fredericksburg has some of the more expensive homes in the state with a median home value of $201,200 and a current average list price of $358,342. With 28 homes sold in the Fredericksburg market over the last 30 days, we see no change from last week's numbers. However, 46 new listings came into the market.
Curious as to which homes have been getting the most attention in Fredericksburg? These listings have stirred up interest and produced the most views:
A three-bedroom detached home valued around $292,985 is considered a typical dwelling in Fredericksburg. If a buyer was looking for a similar home, they would need good credit and a $58,597 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,517 and the property tax rate is $10.52 per $1,000 of taxable assessed value.