The Downtown Fredericksburg housing market is somewhat competitive. The median sale price of a home in Downtown Fredericksburg was $595K last month, up 24.0% since last year. The median sale price per square foot in Downtown Fredericksburg is $319, up 8.3% since last year.
What is the housing market like in Downtown Fredericksburg today?
In February 2025, Downtown Fredericksburg home prices were up 24.0% compared to last year, selling for a median price of $595K. On average, homes in Downtown Fredericksburg sell after 68 days on the market compared to 35 days last year. There were 17 homes sold in February this year, up from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$595,000
+24.0% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Downtown Fredericksburg, VA
$595,000
+24.0%
United States
To compare other locations to the Downtown Fredericksburg and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Fredericksburg add value to a home.
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How hot is the Downtown Fredericksburg housing market?
Downtown Fredericksburg is somewhat competitive. Homes sell in 56 days.
0
100
42
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 56 days.
Hot homes
can sell for around list price and go pending in around 29 days.
Learn about schools in the Downtown Fredericksburg area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Downtown Fredericksburg housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Fredericksburg.
Flood Factor - Moderate
36% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Fredericksburg has a moderate risk of flooding. 671 properties in Downtown Fredericksburg are likely to be
severely affected
by flooding over the next 30 years. This represents 36% of all properties in Downtown Fredericksburg. Flood risk is increasing slower than the national average.
98% of properties are at risk of wildfire over the next 30 years
Fire Factor
Downtown Fredericksburg has a moderate risk of wildfire. There are 2,417 properties in Downtown Fredericksburg that have some risk of being affected by wildfire over the next 30 years. This represents 98% of all properties in Downtown Fredericksburg.
98% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Downtown Fredericksburg has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown Fredericksburg is most at risk from hurricanes. 2,422 properties in Downtown Fredericksburg have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 65 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 81 mph.
100% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Downtown Fredericksburg has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Downtown Fredericksburg have a Severe Heat Factor®.
Downtown Fredericksburg is expected to see a 142% increase in the number of days over 105ºF over the next 30 years. Downtown Fredericksburg is expected to experience 7