Home prices
Fredericksburg's median home price is $367,200. It is approximately $99,560 (37%) higher compared to the surrounding areas.In comparison to the US as a whole it is roughly $149,700 (68%) higher, and is roughly $234,300 (38%) lower compared to the city of Washington.
Rents
The median rent in Fredericksburg is $1,258 per month. Compared to the surrounding areas it is approximately $190 (13%) lower.It is roughly $196 (18%) higher in comparison to the US as a whole, and compared to the city of Washington it is roughly $283 (18%) lower.
Nearby places
Falmouth
Falmouth is Fredericksburg's neighbor to the northeast. Housing prices there are a bit less expensive. The price of the median home in Falmouth is $319,700, which is $47,500 (14%) lower than Fredericksburg. The rent there is somewhat less expensive. Falmouth's median rent is $996 a month, which comes out to $262 (26%) lower than Fredericksburg.
Southern Gateway
Southern Gateway is approximately 3 miles north from Fredericksburg. The housing prices there are substantially less expensive. Southern Gateway's median home cost is $234,300, which is $132,900 (56%) lower than Fredericksburg. Its rents are a bit more expensive. The median rent in Southern Gateway is $1,578 per month, which works out to $320 (20%) higher than Fredericksburg.
Spotsylvania Courthouse
Spotsylvania Courthouse is approximately 8 miles southwest from Fredericksburg. Real estate prices there are a lot less expensive. The median home price in Spotsylvania Courthouse is $249,300, which comes out to $117,900 (47%) lower than Fredericksburg. Rent there is a bit more expensive. Spotsylvania Courthouse's median rent is $1,633 a month, which works out to $375 (22%) higher than Fredericksburg.
Stafford Courthouse
Stafford Courthouse is about 8 miles north of Fredericksburg. Housing prices there are a bit less expensive. Stafford Courthouse's median home cost is $285,900, which comes out to $81,300 (28%) lower than Fredericksburg. The rent there is somewhat more expensive. Stafford Courthouse's median rent is $1,424 a month, which works out to $166 (11%) higher than Fredericksburg.
Lake Wilderness
Lake Wilderness is approximately 11 miles west from Fredericksburg. Real estate prices there are a lot less expensive. The median home in Lake Wilderness costs $249,000, which comes out to $118,200 (47%) lower than Fredericksburg. Its rents are somewhat more expensive. The median rent in Lake Wilderness is $1,607 per month, which comes out to $349 (21%) higher than Fredericksburg.
