Why Live in Lafayette
Lafayette in Fredericksburg, located in the 22401 ZIP code, is a vibrant neighborhood known for its proximity to Mary Washington University and easy access to Interstate 95. Residents enjoy a variety of things to do, including visiting the downtown farmers market, dining at upscale plazas, and catching a movie. The area is well-connected for commuters, with quick access to the Virginia Railway Express Park and Ride lots for trips to Alexandria, Crystal City, and downtown D.C. Lafayette Boulevard, just south of Downtown Fredericksburg, features a mix of communities such as Telegraph Hill, Kensington Hills, Summerfield, and Twin Lakes. Home styles vary from vintage single-levels to contemporary townhouses with Craftsman-style exteriors. The neighborhood offers both new developments and established streets with mature trees. Single-family homes range from three-bedroom cottages to expansive ranch styles, with prices reflecting the age and style of the properties. Lafayette Upper Elementary, Walker-Grant Middle, and James Monroe High serve the area, with the high school noted for its DECA program. Entertainment options include downtown pubs and eateries, Fredericksburg Nationals baseball games, and performances by the Fredericksburg Ballet Centre. Essential shopping is available at Central Park Plaza, and local favorites like Paul’s Bakery are within walking distance for some residents. The neighborhood's close-knit, artsy, and cultural vibe, combined with its university-town atmosphere, makes it a dynamic place to live.
Home Trends in Lafayette, VA
On average, homes in Lafayette, Fredericksburg sell after 21 days on the market compared to the national average of 51 days. The median sale price for homes in Lafayette, Fredericksburg over the last 12 months is $440,000, up 1% from the median home sale price over the previous 12 months.
Median Sale Price
$440,000
Median Single Family Sale Price
$440,000
Median Townhouse Sale Price
$442,500
Average Price Per Sq Ft
$208
Number of Homes for Sale
10
Last 12 months Home Sales
32
Median List Price
$440,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
1%