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Downtown Fredericksburg

Downtown Fredericksburg

$711,483 Average Value
$371 Average Price per Sq Ft
7 Homes For Sale

Downtown Fredericksburg, a Virginia city located about 50 miles from Washington, D.C., is a sleepy college town, historic village and thriving commuter community all rolled into one.

The city’s prime location along the Rappahannock River made it a key pre-Revolutionary War port, and it was a significant Civil War site thanks to its location near both the nation’s capital and Virginia’s capital city of Richmond. Today, the neighborhood is heavily influenced by nearby University of Mary Washington – a public liberal arts college that grew from a teachers’ college to a state university – and its access to D.C. and Northern Virginia via Interstate 95 or the commuter transit service the Virginia Railway Express. And Mary Washington Healthcare, the largest health system in the region, is transforming the city into a medical hub.

The downtown area includes a historic district that reflects its Colonial roots, as well as quaint shops and trendy eateries. Church spires dot the skyline, and the banks of the Rappahannock River beckon at Downtown Fredericksburg’s edges. Period colonial- and farmhouse-style houses line the streets. Some houses are surrounded by old-fashioned white picket fences; others have rustic stone borders characteristic of 19th-century streetscapes. Industrial chic town houses and condos add a modern touch to the downtown area while blending in with the historic aesthetic.

The village-like ambiance extends to main streets that are commercial and business hubs filled with storefronts, restaurants and historic attractions. Sidewalks extend throughout downtown, making it pedestrian- and tourist-friendly.

“Walkability is great downtown, and there is a good mix of housing – everything from historic to condos,” Ruthie Buck, real estate agent with Edmiston Team, says.

Homebuyers looking to step back in time can find a circa-1840s Greek Revival-style house with four bedrooms and multiple woodburning fireplaces for between $1 million and $1.2 million. A 1930s simple farmhouse-style house lists for between $450,000 and $500,000, while a 1970s colonial goes on the market for roughly $400,000 to $450,000. A recently built condo can sell for between $850,000 to $900,000.

Students enroll in Fredericksburg Public Schools, which partners with the local newspaper to feature a student each month. Young learners attend either Lafayette Upper Elementary School or Hugh Mercer Elementary, where students can participate in special events celebrating multiculturalism and Flag Day. Niche gives Mercer an overall grade of B. Sixth through eighth-grade students have the opportunity to participate in a gifted program at Walker-Grant Middle School. Students go on to attend James Monroe High School, an International Baccalaureate World School with a B grade from Niche.

Downtown Fredericksburg provides the very latest in restaurant trends, as well as tried-and-trued staples. Orofino on Caroline Street serves traditional Italian fare, including pasta, antipasti and pizza. You can also take a cooking class or two here -- or sample some house wine at tasting events. At the casual pizza joint Benny Vitalis, customers feast on large slices and 28-inch pies. Hyperion has a menu of standard coffee and espresso drinks, but the caffeine pit stop also mixes up a specialty concoction – a blend of homemade chocolate milk, espresso, fresh banana and peanut butter syrup. If your style is more sweet milk than steamed milk, check out Carl’s, a frozen custard stand that has been doling out delightful desserts since the 1940s.

Downtown Fredericksburg’s primary outdoor recreation space, the nearly 4-acre Riverfront Park, faces the Rappahannock River and has event space, a play area and public Wi-Fi. It also hosts a water feature and one of the city’s noted bronze otter statues, part of the Otter-ly Amazing campaign that placed small replicas of the river mascot across the city.

Mary Katheryn Luther
Written By
Mary Katheryn Luther
Caleb Jones
Photography Contributed By
Caleb Jones
Curtis Newkirk
Video By
Curtis Newkirk

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Tammie Mason, an experienced agent in this neighborhood.

Parks in this Area

Crime and Safety

1 - Low Crime, 10 - High Crime Downtown Fredericksburg US
Homicide 3 4
Sexual Assault 3 4
Assault with Weapon 3 4
Robbery 4 4
Burglary 5 4
Motor Vehicle Theft 5 4
Larceny 5 4
Crime Score 4 4

Source: WhatIsMyCrimeRisk.com

Downtown Fredericksburg Demographics and Home Trends

Housing Trends

Median List Price
$675,000
Median Sale Price
$441,000
Median Single Family Sale Price
$650,000
Median 2 Bedroom Sale Price
$375,000
Median Change From 1st List Price
6%
Last 12 months Home Sales
70
Median Home Sale Price YoY Change
-4%
Average Price Per Sq Ft
$371

Neighborhood Facts

Number of Homes in Neighborhood
1,073
Number of Homes for Sale
7
Median Year Built
1930
Months of Supply
1.20
Average Single Family Home Size Sq Ft
2,167
Above the national average
1,924
Average Townhouse Size Sq Ft
2,743
Average 1 Bedroom Size Sq Ft
1,023
Median Lot Size Sq Ft
5,227

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Tammie Mason, an experienced agent in this neighborhood.

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
3,945
Median Age
42
Population Density
8 ppl/acre
Population under 18
16%
Below the national average
23.8%
Population over 65
20.6%
On par with the national average
19.1%

Finances

Median Household Income
$112,195
Significantly above the national average
$71,702
Average Household Income
$132,167

Education and Workforce

High School Graduates
96.8%
College Graduates
64.1%
Significantly above the national average
34.1%
Advanced Degrees
34.9%
Above the national average
13.3%
% Population in Labor Force
71%

Weather

Annual Precipitation
44''
Average Winter Low Temperature
25°F
Average Summer High Temperature
88°F
Annual Snowfall
23''

Area Factors

Bikeable

Bike Score®

60 / 100

Walker's Paradise

Walk Score®

92 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Downtown Fredericksburg