How's the market in your area?

Fredericksburg, VA

Single-Family Homes

Give Back Team, LLC



Fredericksburg, VA

Tue Mar 31 2020
This week the median list price for Fredericksburg, VA is $414,900 with the market action index hovering around 48. This is an increase over last month's market action index of 45. Inventory has held steady at or around 335. Click here to stay informed with the Fredericksburg market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Fredericksburg, VA

Tue Mar 31 2020
This week the median list price for Fredericksburg, VA is $414,900 with the market action index hovering around 48. This is an increase over last month's market action index of 45. Inventory has held steady at or around 335. Click here to stay informed with the Fredericksburg market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Fredericksburg market.
Median List Price $414,900
Per Square Foot $136
Days on Market 102
Price Decreased 28%
Price Increased 11%
Relisted 10%
Inventory 335
Median Rent $1,450
Most Expensive $3,195,000
Least Expensive $85,000
Market Action 48
Strong Seller's Market

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$649,000 4,868 2.5 - 5 acres 4 3 13 9 8 171
$454,245 3,669 0.5 - 1 acre 4 3 7 15 10 85
$373,450 2,910 8,000 - 10,000 sqft 3 2 16 23 12 82
$265,000 1,563 0.25 - 0.5 acre 3 2 40 28 25 70