How does the housing market look in 22408? Take a look at up-to-date home sale trends like the latest home sale prices, new listings, and more.
Market Insights
22408 Fredericksburg, VA
Median Sale Price
$424,950
12.7%
New Listings
34
38.2%
Number of Homes Sold
36
12.2%
Median Days on Market
21
512.5%
Market Overview
All Home Types
In the last 30 days, homes for sale in 22408, Fredericksburg, VA sold for a median price of $424,950, up 12.7% compared to the same period last year. The median price per square foot was $186.58, up 3.6% year-over-year. There were 36 homes sold, down from 41 last year.
Median
lightbulbWhat does this mean?
The median sale price helps you understand how much you should expect to spend on a home in a market. The higher the median price of the homes, the more expensive the market is overall. The rate at which home prices change is an indicator of whether homes are becoming more or less affordable in that market. Learn more about buying a home.
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Get StartedHousing Supply
All Home Types
Yesterday, the total number of homes for sale in 22408, Fredericksburg, VA was 74, down 34.5% compared to last year. In the last 30 days, 34 new homes were listed for sale, down 38.2% year-over-year. The median days on market was 21, up from 3.43 days last year. The months of supply was 0.89, down from 0.98 months last year.
lightbulbWhat does this mean?
The number of homes that are available for sale in a market tells you how much choice you have. The rate at which this number changes indicates whether the number of options are increasing or decreasing for buyers. Learn more about buying in a hot market.
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Start QuizHousing Demand
All Home Types
In the last 30 days, homes in 22408, Fredericksburg, VA had a median sale-to-list-price ratio of 99.5%, down 2.9 pt compared to the same period last year. 33.33% of homes sold above list price, down 42.3 pt year-over-year. 25% of homes listed dropped in price, up 17.7 pt from last year.
Median
lightbulbWhat does this mean?
Sale-to-list price tells you how much you may have to pay over the asking price to buy the home you want. When this number is above 100%, you may need to pay more than the asking price for the home you want.
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Cash offers are 4x more likely to be accepted.
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Get StartedHomes For Sale In 22408
CENTURY 21 New Millennium • MLS VASP2016150 • Status: Coming Soon
KW United • MLS VASP2016226 • Status: Coming Soon
EXP Realty, LLC • MLS VASP2016174 • Status: Active
Arista Real Estate • MLS VASP2016168 • Status: Active
Coldwell Banker Elite • MLS VASP2016100 • Status: Coming Soon
Belcher Real Estate, LLC. • MLS VASP2015946 • Status: Coming Soon
Long & Foster Real Estate, Inc. • MLS VASP2015972 • Status: Active
Long & Foster Real Estate, Inc. • MLS VASP2015900 • Status: Active
Coldwell Banker Elite • MLS VASP2015858 • Status: Active
Pathway Realty, Inc. • MLS VASP2015582 • Status: Active
Berkshire Hathaway HomeServices PenFed Realty • MLS VASP2015574 • Status: Active
Long & Foster Real Estate, Inc. • MLS VASP2015616 • Status: Active
Berkshire Hathaway HomeServices PenFed Realty • MLS VASP2015392 • Status: Active
Builder Information Service • MLS VASP2015118 • Status: Active
RE/MAX Cornerstone Realty • MLS VASP2014948 • Status: Active
Builder Information Service • MLS VASP2013258 • Status: Active
Builder Information Service • MLS VASP2013256 • Status: Active
Builder Information Service • MLS VASP2013228 • Status: Active
Builder Information Service • MLS VASP2013250 • Status: Active
Builder Information Service • MLS VASP2013248 • Status: Active