January's First-Time Homebuyer Report for Fredericksburg

Fredericksburg is an average-sized city in Pennsylvania with 1,357 residents. Also, it has seen a 24.6% increase in population over the last 10 years. It should be noted that at 73.8%, most people own their homes in Fredericksburg. The top school in the city is Northern Lebanon Sr High School.

Price Range

Some of the more expensive homes in Pennsylvania are in Fredericksburg with a median home value of $157,400 and an average list price for available homes currently at $194,385. Yet again, no deals were completed in the Fredericksburg market over the last 30 days. Fredericksburg is used to having 0.4 sales per month.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Fredericksburg:

$230K  

Typical Dwelling

A three-bedroom detached home valued around $209,617 is considered a typical dwelling in Fredericksburg. If a buyer was looking for a similar home, they would need good credit and a $41,923 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $98 and the property tax rate is $13.95 per $1,000 of taxable assessed value.

Get started right now by checking out Fredericksburg homes for sale or reviewing Fredericksburg real estate trends.


Data reported through 1/12/2017

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