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Area data

Fredericksburg, VA — ZIP 22408

Population: 31,586 (Census ACS)

Home values & appreciation

Median home value
$454,561
1-year appreciation
+0.7%
3-year appreciation
+8.5%
5-year appreciation
+23.1%
10-year appreciation
+70.5%
All-time peak (2026-07)
$454,561
House Price Index
423.6 (+3.3% YoY)

Market activity

Median sale price
$475,000
Median list price
$519,000
Median days on market
41 days
Sale-to-list ratio
100.2%
Active listings
63
1-year forecast
0.0%
Days to pending
22 days
New listings (monthly)
49

Rents

Typical rent
$2,080/mo
1-year rent change
+2.9%
1BR fair-market rent
$1,830/mo
3BR fair-market rent
$2,570/mo

Affordability

Cost of living index (Above Average)
103.5 (100 = US avg)
Electricity rate (state-level)
15.3¢/kWh
Natural gas rate (state-level)
$16.80/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
3
Elementary schools
3
Middle schools
0
High schools
0

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
lightning, strongWind
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Annual precipitation
47.7 in

Walkability & transit

Walkability index
4.2 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
50
Nearest national park
Fredericksburg & Spotsylvania National Military Park (5 mi)
Nearest airport
Shannon Airport (3 mi)
Nearest major airport
Quantico Marine Corps Airfield / Turner Field (NYG) (21 mi)
Hospitals nearby (~15 mi)
1
Avg hospital rating
3.0 / 5
Solar radiation rating
Fair (4.2 kWh/m²/day)

Migration

Net migration
+649 tax filers

Housing stock

Median year housing built
1,999
Median annual property tax
$2,299
Mean commute to work
30 min
Households with broadband internet
88.8%

Employment & development

Total county employment
30,728
Average weekly wage
$975
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
707

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents