Fredericksburg Real Estate Information in Virginia
Known as the place "Where History Never Gets Old," Fredericksburg has been the center for historic events since Colonial times. Fredericksburg is nearly three centuries old. Having seen glory and defeat, the town has risen time and time again to become the charming, historic community it is today. (more)
After the War for Independence, mansions, tidy neighborhoods and a thriving business district were built by the Rappahannock River. The history of Fredericksburg 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 Fredericksburg 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 Fredericksburg 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 Virginia's capital city of Richmond. Commuting alternatives are available by train, bus, van pools or along the highways. Fredericksburg's real estate market is diverse as there are contemporary and newly built 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!
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 March 2nd, 2015: homes priced around $273,064 compared to $282,650 the previous week, showing a decrease of less than -4%. For Monday, March 2nd, the current national mortgage rate for a 30 year fixed mortgage is 3.94%; the 15 year fixed rate is at 3.02%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.29%, while the 15 year jumbo rate currently is at 4.04%. 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!