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Fredericksburg city, VA

ZIP 22407 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLarge CommunityLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 22407

Median Home Value
$376,200
Median Rent
$1,528
Affordability Snapshot
$104,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,417/mo PITI).

17%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.6x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

20.5 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 22407 in Fredericksburg city, VA, a household would need roughly $104,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,417. That is roughly in line with the local median household income ($105,218). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
76.1%+16% vs US avg
x
Vacancy Rate
3.9%-62% vs US avg
x
Broadband Access
95.4%+10% vs US avg
x
4+ Bedrooms
10.4%-30% vs US avg
x
Built Pre-1939
0.5%-96% vs US avg
x
Built Post-2014
2.4%-66% vs US avg
x
Rent Burden >30%
23.5%-53% vs US avg
x
Mortgage-Free
22.5%-41% vs US avg
x
$376,200
Home Value
$1,528
Rent
1994
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached76.8%
  • 1-unit attached9.1%
  • 2-9 units2.1%
  • 10+ units9.6%
  • Mobile home & other2.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$376,200
Median rent$1,528
Owner-occupied76.1%
Vacant3.9%
Price-to-income3.6x
Est. income to buy$104,000