Fredericksburg Real Estate Information in Virginia
3rd Best Small City in the County by "Life in America's Small Cities"
Known as the place “Where History Never Gets Old,” this conveniently located community has been a center for historic events since Colonial times. Fredericksburg is nearly three centuries old. (more)
Having seen both glory and defeat, the town has risen time and time again to become the charming, historic community it is today. After the War for Independence, mansions, tidy neighborhoods and a thriving business district were built by the Rappahannock River. The history is visible everywhere in the city. Colonial structures stand proud, the historic district is well preserved and the 9,000-acre Fredericksburg and Spotsylvania National Military Park commemorates four local major Civil War battles. Old Town bills itself as “Eighteen blocks of shopping and the rest is history.” Modern shopping areas are also found around the city. Restaurants abound to satisfy every gastronomic pleasure. Numerous parks offer residents plenty to do, including fishing, boating, hiking, golf, ball courts, ball fields and organized sports. Children attend City Public Schools. For post-secondary education, Germanna Community College, the University of Mary Washington and Strayer University are nearby. Fredericksburg is one hour south of Washington D.C. and 55 minutes north of the Virginia’s capital city of Richmond. Commuting alternatives are available by train, bus, van pools or along the highways. Real estate is diverse. There are new or newer single-family homes, condominiums and townhouses available for sale as well as a number of grand historic homes. Make history part of your life by making Fredericksburg your home!
Founded in 1728, Fredericksburg was named for Prince Frederick Louis of Wales, father of George III of England. The town’s location along the Rappahannock River brought early prosperity, as the town soon became an inland port. During the Revolutionary War, munitions were manufactured in Fredericksburg and the Virginia Statute of Religious Freedom was drafted here in 1777.
Fortunes turned again when the Civil War began and Fredericksburg’s location along the river brought death and destruction. The city suffered three years of bloody battles as Union and Confederate armies marched between Washington, D.C. and Richmond, Virginia.
Fredericksburg today covers 10 square miles. Historic sites attract thousands of visitors annually but the city is also quite modern. The historic district of Fredericksburg covers 40 square blocks and contains more than 350 buildings built before 1870. George Washington’s boyhood home, Ferry Farm, is located in Fredericksburg, James Monroe practiced law here, and Thomas Jefferson lived in the city for a short time. There are financial and business centers serving the city and the surrounding counties.
Annual events celebrate the city’s past and present and include art shows, wine tasting, concerts and gardening programs. Events celebrating George Washington’s birthday include tours, Colonial games, crafts and activities for all ages. An annual birthday party is held for Hugh Mercer, Colonial patriot and physician. Corrine Melcher’s birthday is celebrated each year to honor the woman who gave her home, gallery and gardens to the citizens of Fredericksburg. Annual Easter Egg hunts are popular with kids. There are a number of annual events celebrating the various ethnic groups who call Fredericksburg home, including Tartan Day, a Greek festival, a Welsh festival, a Hispanic festival and the Black Arts Festival.
Many historic homes open for special tours at certain times of the year. Civil War battles are commemorated with reenactments, tours and family picnics. The Fredericksburg Area Civil War Weekend: Lest We Forget is among the largest and most moving of the Civil War observances. A Fishing Derby, Soap Box Derby, the Antique Car Show, the Rappahannock Riverfest, Shakespeare Weekend, and the Antique Tractor Show are fun for the whole family. Fourth of July celebrations cover several days and include fireworks, a parade, craft shows, food and live entertainment. Christmas celebrations run the gamut from Colonial in nature to modern.
The many historic sites in the Fredericksburg area attract a wealth of visitors each year. The Fredericksburg and Spotsylvania County National Military Park encompasses the sites of four of the bloodiest Civil War battles. More than 85,000 men were wounded and more than 15,000 died on the land that makes up the park. The Fredericksburg National Cemetery holds many of those who died in the battles in and around Fredericksburg, but many soldiers are in unmarked graves around the park. The land within the park’s 8,400 acres changed hands seven times during the Civil War.
Markers, exhibits, trails, and buildings in the park identify the Confederate and Union lines and tell the stories of the Civil War. Chatham, an 18th century mansion, served as Union headquarters and a field house during the war. The “Stonewall” Jackson Shrine is the house where Jackson died after being mistakenly shot by his own men. Also within the Fredericksburg and Spotsylvania County National Military Park are open areas, wetlands, parkland and forest. The park is on the fall line between the Piedmont region and the Coastal Plain region and contains a unique variety of vegetation and wildlife.
Fredericksburg is the site of the James Monroe Museum and Memorial Library. The library houses one of the largest collections of Monroe memorabilia in the country. The Mary Washington House was the home of George’s mother. He bought the house for her in 1772 and she lived there until 1789. George received his mother’s blessing to accept the Presidency in this house. The Rising Sun Tavern was built for George’s brother Charles in 1760. It was a stagecoach stop and was later used as a meeting house for Confederate soldiers during the Civil War. Today, tours illustrate what tavern life was like. Kenmore Plantation and Gardens was the home of George’s sister Betty and her husband Col. Fielding Lewis. George Washington’s boyhood home of Ferry Farm is the place where George supposedly chopped down the cherry tree.
The National Bank of Fredericksburg, built in 1820, contains displays and artifacts chronicling the history of American banking. The Hugh Mercer Apothecary Shop showcases medicines and medical practices from the 18th century. Originally built in 1732, the present structure of St. George’s Church dates from 1846. The church has three Louis Comfort Tiffany windows and a window dedicated to Mary Washington.
Price Ranges of Real Estate Listings
Buyers looking for more affordable homes outside DC area, look to Fredericksburg. Real estate for sale consists of colonial style homes, new condos and townhouses and brand new homes with spacious floor plans. Homes start in the low $100,000s to over $5 million, for homes with waterfront views or historic homes in Downtown Fredericksburg. (more)
The localities outside of the downtown area are a mix of suburban and rural and offer a variety of housing alternatives including townhomes, condominiums, and single family homes on varying lot sizes. Many homes for sale are located on standard subdivision lots and offer public water and sewer facilities while others are on large open or wooded lots of half an acre or more, and many have scenic pastoral or water views while a few offer waterfront on rivers and lakes.
Historic Downtown The downtown area of Fredericksburg is home to numerous historic properties ranging from row houses to condos to elaborate mansions. Historic homes generally range from the $500,000s to several million dollars with many luxury homes including waterfront views with one-of-a-kind features.
Prices of Real Estate Condos and townhouses are generally priced from the low $100,000s to luxury units in the $300,000s. Single-family homes in Fredericksburg subdivisions range from the $100,000s to $800,000 in high-end subdivisions and from the mid-$100,000 range to several million for rural properties with large parcels of land. Lots and land are still available for custom building, and good number of farm and ranch properties can be found.
Fredericksburg, Virginia Average Home Sizes and Asking Prices
Fredericksburg Real Estate Stats and Trends for the week of August 25th, 2014: homes priced around $249,098 compared to $249,098 the previous week, to remain steady with no change in listing price. For Friday, August 29th, the current national mortgage rate for a 30 year fixed mortgage is 4.06%; the 15 year fixed rate is at 3.17%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.62%, while the 15 year jumbo rate currently is at 3.67%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Fredericksburg VA. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Fredericksburg to help you find the best home!