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Fredericksburg, VA Housing

 
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As of 2010-2014, median price of a house in Fredericksburg is $317,000, which is higher than the state average of $243,500 and is much higher than the national average of $175,700. The Fredericksburg median house value has grown by 133.43% since 2000. The growth rate for the price of a house in Fredericksburg is higher than the state average rate of 94.18% and is much higher than the national average rate of 46.91%. The median year that a house in Fredericksburg was built is 1974, which is older than the median year for a house built in the state which is 1980 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 3,561 Owner Occupied Houses in Fredericksburg, VA, #117
Fredericksburg, VA
317,000 USD
Virginia
243,500 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #35
Fredericksburg, VA
133.43%
Virginia
94.18%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Fredericksburg, VAVirginiaU.S.
Total Housing Units11,037, see rank, 100%3,403,241132,741,033
Occupied Housing Units9,849, 89.24%, see rank89.38%87.55%
Owner Occupied3,561, 32.26%, see rank59.60%56.34%
Renter Occupied6,288, 56.97%, see rank29.78%31.21%
Vacant Housing Units1,188, 10.76%, see rank10.62%12.45%
For Rent578, 5.24%, see rank2.10%2.34%
For Sale Only96, 0.87%, see rank1.09%1.20%
Rented or Sold, Not Occupied251, 2.27%, see rank1.20%0.92%
For Seasonal, Recreational, or Occasional Use84, 0.76%, see rank2.67%3.97%
For Migrant Workers0, 0.00%, see rank0.02%0.03%
Other Vacant179, 1.62%, see rank3.55%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #290
Fredericksburg, VAVirginiaU.S.
197419801976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Fredericksburg, VA%VirginiaU.S.
Owner-Occupied Units3,561100%2,028,24474,787,460
With a Mortgage2,63774.05%, see rank71.14%65.58%
Without a Mortgage92425.95%, see rank28.86%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Fredericksburg, VA
1,864 USD
Virginia
1,742 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsFredericksburg, VA%VirginiaU.S.
$299 or Less170.64%, see rank0.23%0.20%
$300 to $499361.37%, see rank1.45%1.59%
$500 to $6991013.83%, see rank3.72%5.01%
$700 to $9992228.42%, see rank10.40%14.32%
$1,000 to $1,49952719.98%, see rank23.15%27.90%
$1,500 to $1,99958822.30%, see rank21.20%20.35%
$2,000 to $2,99977629.43%, see rank24.77%19.52%
$3,000 or More37014.03%, see rank15.06%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Fredericksburg, VA
21.70% of the Total Income
Virginia
23.20% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Fredericksburg, VA%VirginiaU.S.
10% or Less1816.86%, see rank6.18%5.86%
10% to 20%1,00838.23%, see rank32.74%31.95%
20% to 30%77429.35%, see rank29.30%27.64%
30% to 40%29611.22%, see rank13.96%13.74%
40% or More37814.33%, see rank17.46%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Fredericksburg, VA
435 USD
Virginia
429 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsFredericksburg, VA%VirginiaU.S.
$199 or Less444.76%, see rank8.34%7.76%
$200 to $29911812.77%, see rank17.18%14.70%
$300 to $49944948.59%, see rank35.90%34.63%
$500 to $69916017.32%, see rank20.27%21.16%
$700 or More15316.56%, see rank18.31%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Fredericksburg, VA
10.00% of the Total Income
Virginia
10.80% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Fredericksburg, VA%VirginiaU.S.
10% or Less46750.54%, see rank46.49%40.19%
10% to 20%25427.49%, see rank29.97%31.47%
20% to 30%727.79%, see rank10.53%12.24%
30% to 40%303.25%, see rank4.67%5.64%
40% or More10110.93%, see rank7.24%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Fredericksburg, VAVirginiaU.S.
Total Housing Units11,037, 100%3,403,241132,741,033
1-unit, Detached4,563, 41.34%, see rank61.97%61.65%
1-unit, Attached1,119, 10.14%, see rank10.88%5.82%
2 Units351, 3.18%, see rank1.67%3.75%
3 or 4 Units427, 3.87%, see rank2.74%4.43%
5 to 9 Units753, 6.82%, see rank4.64%4.78%
10 or More Units3,809, 34.51%, see rank12.76%13.08%
Mobile Home, Boat, RV, Van, etc.15, 0.14%, see rank5.34%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Fredericksburg, VAVirginiaU.S.
Total Housing Units11,037, 100%3,403,241132,741,033
1 Room213, 1.93%, see rank1.33%1.95%
2 Rooms253, 2.29%, see rank1.73%2.48%
3 Rooms1,375, 12.46%, see rank6.92%9.13%
4 Rooms2,596, 23.52%, see rank14.48%16.60%
5 Rooms2,083, 18.87%, see rank17.82%20.41%
6 Rooms1,527, 13.84%, see rank16.80%18.06%
7 Rooms1,006, 9.11%, see rank13.06%12.27%
8 Rooms748, 6.78%, see rank10.92%8.48%
9 Rooms or More1,236, 11.20%, see rank16.94%10.60%
Median Rooms5.00, see rank6.005.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Fredericksburg, VAVirginiaU.S.
Total Housing Units11,037, 100%3,403,241132,741,033
No Bedroom235, 2.13%, see rank1.46%2.17%
1 Bedroom1,673, 15.16%, see rank8.47%11.16%
2 Bedrooms4,383, 39.71%, see rank23.83%26.69%
3 Bedrooms3,190, 28.90%, see rank39.65%39.70%
4 Bedrooms1,239, 11.23%, see rank20.28%16.05%
5 or More Bedrooms317, 2.87%, see rank6.31%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Fredericksburg, VAVirginiaU.S.
Total Housing Units9,849, 100%3,041,710116,211,092
Utility Gas4,485, 45.54%, see rank33.74%48.85%
Bottled, Tank, or LP Gas232, 2.36%, see rank4.51%4.86%
Electricity4,782, 48.55%, see rank52.28%36.68%
Fuel Oil, Kerosene, etc.271, 2.75%, see rank6.01%5.86%
Coal or Coke0, 0.00%, see rank0.08%0.12%
Wood4, 0.04%, see rank2.76%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel31, 0.31%, see rank0.29%0.47%
No Fuel Used44, 0.45%, see rank0.30%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalFredericksburg, VAVirginiaU.S.
Occupied Units Paying Rent6,147, 100%957,68639,201,928
$199 or Less139, 2.26%, see rank1.61%1.50%
$200 to $299230, 3.74%, see rank2.46%3.18%
$300 to $499225, 3.66%, see rank5.54%7.37%
$500 to $699273, 4.44%, see rank10.39%16.01%
$700 to $9991,692, 27.53%, see rank22.57%29.17%
$1,000 to $1,4992,725, 44.33%, see rank30.50%26.88%
$1,500 to $1,999601, 9.78%, see rank15.76%9.79%
$2,000 or More262, 4.26%, see rank11.16%6.10%
Median$1,065, see rank$1,108$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Fredericksburg, VAVirginiaU.S.
Occupied Housing Units9,849, 100%3,041,710116,211,092
No Vehicles Available893, 9.07%, see rank6.38%9.12%
1 Vehicles Available4,681, 47.53%, see rank30.54%33.80%
2 Vehicles Available3,060, 31.07%, see rank38.24%37.48%
3 or More Vehicles Available1,215, 12.34%, see rank24.84%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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