What is the housing market like in Historic Downtown District today?
In February 2024, Historic Downtown District home prices were up 86.4% compared to last year, selling for a median price of $880K.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$880,000
+86.4% YoY | Feb 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2024
Growth
% YoY
Historic Downtown District, VA
$880,000
+86.4%
United States
To compare other locations to the Historic Downtown District 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.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Historic Downtown District housing market?
Learn what it takes to have a winning offer
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
97.7%
-1.7 pt YoY | Feb 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2024
Growth
% YoY
Historic Downtown District, VA
97.7%
-1.7 pt
United States
Home offer insights for Historic Downtown District
Explore recent offers and recently sold homes in Historic Downtown District
Recent offers
View houses in Historic Downtown District that sold recently
Learn about schools in the Historic Downtown District 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 Historic Downtown District housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Historic Downtown District.
Risk Factor
Flood Factor - Major
46% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Historic Downtown District has a major risk of flooding. 272 properties in Historic Downtown District are likely to be
severely affected
by flooding over the next 30 years. This represents 46% of all properties in Historic Downtown District. Flood risk is increasing slower than the national average.
42% of properties are at risk of wildfire over the next 30 years
Fire Factor
Historic Downtown District has a moderate risk of wildfire. There are 381 properties in Historic Downtown District that have some risk of being affected by wildfire over the next 30 years. This represents 42% of all properties in Historic Downtown District.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Historic Downtown District has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Historic Downtown District is most at risk from hurricanes. 895 properties in Historic Downtown District 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
Historic Downtown District has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Historic Downtown District have a Severe Heat Factor®.
Historic Downtown District is expected to see a 142% increase in the number of days over 105ºF over the next 30 years. Historic Downtown District is expected to experience 7