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Lafayette

Lafayette

Neighborhood in Fredericksburg, Virginia

Fredericksburg County 22401

$476,967 Average Value
$191 Average Price per Sq Ft
7 Homes For Sale

“There’s always something going on in the 22401 ZIP code,” says Kathy Deal, Associate Broker with Long and Foster Real Estate, “which is why you’re not living here to be away from it all, but to be close to all the fun in Fredericksburg, and around Mary Washington University, with easy access to Interstate 95.” Locals can choose to spend weekends at the downtown farmers market or dinner-and-movie nights in upscale plazas. It’s also a quick trip up Lafayette Boulevard to the Virginia Railway Express Park and Ride lots for commuters heading to Alexandria, Crystal City and downtown D.C.

In this area hugging Lafayette Boulevard, which is just south of Downtown Fredericksburg, Deal adds, “Many think of their homes as being part of Downtown Fredericksburg.” Communities in the Lafayette area include Telegraph Hill, Kensington Hills, Summerfield, Twin Lakes and more, and architecture ranges from vintage single-levels, to swanky new town houses in Fredericksburg Park to designer custom homes in Twin Lakes. “Homes along Lafayette Boulevard to the north,” says Deal, “are 2022 builds, both single-family and town houses that are contemporary inside with Craftsman-style exteriors. Home pricing overall throughout the neighborhood averages between $400,000 and $600,000, depending on age.”

You’ll see a mix of town houses and detached homes, both in new developments with an open character, or on well-treed streets that feel established. Single-family homes range from three-bedroom cottages built in the ‘60s for under $400,000 to expansive 5,000-square-foot ranch styles fetching $675,000. Homes in Kensington Hills built in 2006 can be found for close to $550,000 and new Craftsman styles in Fredericksburg Park are priced around $580,000. Multi-gabled homes built in 2020 run about $600,000, and nicely maintained and updated homes in Twin Lakes can ask between $650,000 and $750,000. From homes to the north, you can bike to restaurants and pubs in downtown proper. “The homes around Twin Lakes,” adds Deal, “were built mostly in the ‘70s and ‘80s, and the ones that back to the lake are considered premium. The lake is accessible to anyone, though, and locals do go there to fish or just relax.”

Within the Lafayette area, younger public-school students can attend Lafayette Upper Elementary. Students then move on to Walker-Grant Middle or Hugh Mercer Middle which earns a B grade from Niche. Older students head to James Monroe High which Niche also gives an overall B grade. James Monroe High offers a standout DECA program that prepares emerging leaders and entrepreneurs for careers in marketing, hospitality, management and finance. In 2023, JMHS DECA students won more than a dozen "Top 8 Overall" placements, out of 50+ students in each category, at the Virginia DECA Competitive Event.

For entertainment, residents choose among the many pubs and eateries downtown, take in a Fredericksburg Nationals baseball game nearby, or enjoy stunning ballet performances at James Monroe High, courtesy of the local Fredericksburg Ballet Centre. This neighborhood gem offers ballet classes and musical theater camps for all ages and abilities, as well as ballroom dancing for adults.

Just west on Route 3, you’ll find all your essentials at big-box retailers in Central Park Plaza. “You’ve also got several large movie theaters close by,” says Deal, “including Paragon that has a mini bowling alley and a full bar and restaurant inside.” Without leaving the community, residents in the Valley Run development can walk to Subway, and homes near the middle school are within a half-mile of the old-school Paul’s Bakery, known for delicious donuts, pastries and cakes since the early ‘70s.

“You’ll constantly find something going on year-round,” adds Deal, “and you can be at the baseball stadium, Expo Center or Central Park in 10 minutes. A lot of people call this a mini-Old Town Alexandria, because the community is very quaint and personable. People know each other, and there’s a real university-town vibe. It’s a nice little artsy, cultural area where it’s easy to get involved.”

Lia Girard
Written By
Lia Girard
Caleb Jones
Photography Contributed By
Caleb Jones
Tyler Newbold
Video By
Tyler Newbold

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 Sebastian Angulo, an experienced agent in this neighborhood.

Parks in this Area

Crime and Safety

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

Source: WhatIsMyCrimeRisk.com

Lafayette Demographics and Home Trends

Housing Trends

Median List Price
$450,000
Median Sale Price
$442,500
Median Single Family Sale Price
$524,900
Median Townhouse Sale Price
$442,500
Median Change From 1st List Price
0%
Last 12 months Home Sales
30
Median Home Sale Price YoY Change
2%
Average Price Per Sq Ft
$191

Neighborhood Facts

Number of Homes in Neighborhood
361
Number of Homes for Sale
7
Median Year Built
1978
Months of Supply
2.80
Average Single Family Home Size Sq Ft
2,224
Above the national average
1,933
Average Townhouse Size Sq Ft
2,005
Median Lot Size Sq Ft
13,503

Open Houses

  • Saturday, Jun 28
    9am - 12pm

    1108 Dovetail Cir, Fredericksburg, VA 22401

    $480,000

    • 3 Beds
    • 4 Baths
    • 2,237 Sq Ft
    • 1108 Dovetail Cir

    Welcome to this beautifully upgraded and meticulously maintained 2022 townhome, where fresh paint throughout the entire home complements a thoughtfully designed interior filled with high-end finishes and modern touches across three spacious levels.The entry level features a convenient large flex space—perfect as a family entertainment area, home office, or even a guest bedroom. This level also

    Natasha Thompson Evernest, LLC

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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 Sebastian Angulo, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
2,661
Median Age
34
Population Density
6 ppl/acre
Population under 18
28.6%
On par with the national average
23.8%
Population over 65
11%
Below the national average
19.1%

Finances

Median Household Income
$78,035
Above the national average
$71,702
Average Household Income
$102,803

Education and Workforce

High School Graduates
93.5%
On par with the national average
89.1%
College Graduates
34.4%
Advanced Degrees
14.3%
% Population in Labor Force
79.5%
Above the national average
65.1%

Weather

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

Area Factors

Somewhat Bikeable

Bike Score®

28 / 100

Car-Dependent

Walk Score®

33 / 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
Lafayette