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Market Intelligence · VA / Fredericksburg

Fredericksburg, VA 22406 Housing Market

The typical home value in Fredericksburg 22406 is $568,643, up 1.1% over the past year. Homes are listed at a median price of $662,500 and spend a median 42 days on market.

Updated September 2026Median value$569K

The median home value in Fredericksburg, VA 22406 is $569K as of September 2026, up 1.1% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 22406 range

$523K to $614K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+1.1% over 12 months

Typical home value in 22406 over the last 12 months: $562K in Sep 2025 to $569K in Sep 2026 (+1.1%).

Sep 2025$562K

Sep 2026$569K

The numbers

What is the 22406 housing market like?

Typical home value

$569K

Up1.1%YoY

Median list price

$663K

Up1.1%MoM

Days on market

42

Up13.5%MoM

Homes for sale

102

Up2.0%MoM

Price cuts

24.3%

Up58.1%MoM

New listings

34

Down29.2%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

22406 housing market forecast 2027

+0.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 22406 to stay roughly flat by September 2027 (up 0.3%).

Over the 12 months through September 2026, typical home values in 22406 rose 1.1%, per the Zillow Home Value Index.

Will home prices drop in 22406?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 22406 to stay roughly flat by September 2027 (up 0.3%), after a 1.1% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 22406 home prices compare?

  • 22406$568,643
  • Fredericksburg$467,941
  • Virginia$328,255
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Fredericksburg: 5 ZIPs; Virginia: 757 ZIPs; United States: 26,262 ZIPs).

Context

Fredericksburg 22406 has 102 homes for sale as of September 2026, with 34 new listings added that month. The median list price sits at $662,500, and homes typically spend 42 days on market before selling. A notable 24.3% of listings have seen price cuts, suggesting some sellers are adjusting expectations. Despite the year-over-year appreciation of 1.1%, the market is showing signs of shifting in the seller's favor toward balance. If you're considering selling, prepare for a market where pricing strategy and condition will matter more than they did a year ago.

Monthly payment

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20% · $113,729

Common questions

What people ask us.

What is the typical home value in Fredericksburg 22406?

The typical home value is $568,643 as of September 2026, representing a 1.1% increase over the past year.

How long do homes typically stay on market in 22406?

The median days on market is 42 as of September 2026.

What percentage of homes have price reductions?

As of September 2026, 24.3% of listings in the area have experienced a price cut.

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