Fredericksburg, VA Real Estate
According to census data in the year 2000 there were 8,888 housing units in Fredericksburg.
This represents a 10.2% growth from 8,063 in 1990.
Of those housing units, 8,866 were located in either urbanized areas or urban clusters, and 22 were located in what is classified as a rural area.
Homeownership rate in Fredericksburg is about 35.5%.
Fredericksburg's vacancy rate, including seasonal lodging, is about 8.8%.
Average household size is 2.09 people.
The majority of houses, apartments or condos in Fredericksburg were built after 1968.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.10% |
| One Bedroom | 20% |
| Two Bedrooms | 42.20% |
| Three Bedrooms | 24.70% |
| Four Bedrooms | 8.90% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.34 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $135,800 |
| Median Price asked for vacant units | $99,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.95 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $659 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1% |
| Second Mortgage | 5.60% |
| Home Equity Loan | 7.80% |
| Simple Mortgage | 55.60% |
| Debt Free | 29.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.2% |
