Home prices
The median home in Fredericksburg costs $90,000. It is about $5,780 (6%) higher in comparison to the surrounding areas.Compared to the rest of the country it is approximately $127,500 (58%) lower, and in comparison to the city of Cedar Rapids is approximately $51,800 (36%) lower.
Rents
In Fredericksburg the median rent is $656 a month. This is about $54 (9%) higher compared to its nearby areas.Compared to the nation as a whole it is about $406 (38%) lower, and is about $111 (14%) lower in comparison to the city of Cedar Rapids.
Nearby places
Frederika
Frederika is about 7 miles southwest of Fredericksburg. Its real estate prices are a bit less expensive. The median home in Frederika costs $81,300, which works out to $8,700 (10%) lower than Fredericksburg. The rent there is a bit more expensive. Frederika's median rent is $767 a month, which is $111 (14%) higher than Fredericksburg.
Lawler
Lawler is roughly 7 miles north from Fredericksburg. The real estate prices there are a bit less expensive. Lawler's median home cost is $78,400, which works out to $11,600 (14%) lower than Fredericksburg. The rent there is a lot less expensive. Lawler's median rent is $443 per month, which is $213 (48%) lower than Fredericksburg.
New Hampton
New Hampton is about 7 miles northwest of Fredericksburg. Its real estate prices are a bit more expensive. The median home in New Hampton is valued at $107,100, which works out to $17,100 (15%) higher than Fredericksburg. The rent there is somewhat more expensive. The median rent in New Hampton is $707 per month, which comes out to $51 (7%) higher than Fredericksburg.
Sumner
Sumner is roughly 8 miles southeast from Fredericksburg. Its housing prices are pretty similar. The value of the median home in Sumner is $88,000, which comes out to $2,000 (2%) lower than Fredericksburg. Rent there is fairly similar. In Sumner the median monthly rent is $644, which comes out to $12 (1%) lower than Fredericksburg.
Waucoma
Waucoma is roughly 9 miles northeast from Fredericksburg. Housing prices there are substantially less expensive. The value of the median home in Waucoma is $66,300, which works out to $23,700 (35%) lower than Fredericksburg. Rent there is a lot less expensive. The median rent in Waucoma is $448 a month, which is $208 (46%) lower than Fredericksburg.