Why Live in Central Fredericksburg
Central Fredericksburg provides a central location with convenient access to Interstate 95, historic downtown Fredericksburg, and extensive shopping options. The neighborhood features a mix of single-family homes and townhouses across three main subdivisions: Great Oaks, Idlewild, and Altoona Village. Altoona Village, with its unique 1970s homes on wooded lots, is situated near Interstate 95. Idlewild, established around 2005, offers various house types, including townhouses and detached homes, with amenities like a clubhouse, pool, tennis courts, and a community gym. Great Oaks provides larger lots with fewer amenities. Students in the area attend Fredericksburg City Public Schools, with James Monroe High School offering a Career and Technical Education program.
For outdoor activities, residents can visit Alum Spring Park for trails and playgrounds or Old Mill Park for waterfront views and kayaking on the Rappahannock River. The neighborhood's commercial thoroughfare, Route 3, offers quick access to dining options like Silver Diner and retail stores such as Home Depot. On the west side of Interstate 95, Spotsylvania Town Center and Central Park Plaza feature over 250 retailers and restaurants, including Walmart, Target, Fun Land of Fredericksburg, and Park Lane Tavern. Central Fredericksburg's combination of parks, shopping, dining, and diverse home styles makes it a desirable location for families and professionals alike.
Frequently Asked Questions
Is Central Fredericksburg a good place to live?
Central Fredericksburg is a good place to live, receiving 3.9 stars from its residents. Central Fredericksburg is considered car-dependent and somewhat bikeable. Central Fredericksburg has 6 parks for recreational activities. It is fairly sparse in population with 3.9 people per acre and a median age of 36. The average household income is $135,400 which is above the national average. College graduates make up 46.3% of residents. A majority of residents in Central Fredericksburg are home owners, with 37% of residents renting and 63% of residents owning their home. A
local real estate agent serving Central Fredericksburg can help you decide if this neighborhood is the right one for you. Learn more on our
Central Fredericksburg neighborhood guide.
How much do you need to make to afford a house in Central Fredericksburg?
The median home price in Central Fredericksburg is $410,000. If you put a 20% down payment of $82,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,130 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $91K a year to afford the median home price in Central Fredericksburg. The average household income in Central Fredericksburg is $135K.
What are the best public schools in Central Fredericksburg?
The best public schools that serve Central Fredericksburg are:
What are the best private schools in Central Fredericksburg?
The best private schools that serve Central Fredericksburg are:
What are the most popular zip codes in Central Fredericksburg, Fredericksburg, VA?
What are the most popular neighborhoods near Central Fredericksburg, Fredericksburg, VA?
Home Trends in Central Fredericksburg, VA
On average, homes in Central Fredericksburg, Fredericksburg sell after 86 days on the market compared to the national average of 70 days. The median sale price for homes in Central Fredericksburg, Fredericksburg over the last 12 months is $375,000, up 29% from the median home sale price over the previous 12 months.
Median Sale Price
$375,000
Median Single Family Sale Price
$500,000
Median Townhouse Sale Price
$795,000
Median 2 Bedroom Sale Price
$380,000
Median 1 Bedroom Sale Price
$375,000
Average Price Per Sq Ft
$315
Number of Homes for Sale
9
Last 12 months Home Sales
35
Median List Price
$410,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
29%