What is the typical home value in 22408?

The typical home value in Fredericksburg, VA 22408 is $454,561, which has grown 0.7% over the past year.

How long do homes typically stay on the market here?

The median days on market is 37, indicating a moderately paced market where homes take over a month to sell on average.

What share of homes have had price cuts?

19.8% of listings in this ZIP have received a price cut, suggesting some sellers are adjusting expectations as the market softens.

Market Intelligence · VA / Fredericksburg

Fredericksburg, VA 22408 Housing Market

The typical home value in Fredericksburg, VA 22408 is $454,561, up 0.7% over the past year. The median list price stands at $479,000, with homes spending a median of 37 days on the market.

Updated August 2026Median value$450K

The median home value in Fredericksburg, VA 22408 is $450K as of August 2026, up 1.0% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 22408 range

$414K to $486K

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

+1.0% over 12 months

Aug 2025$446K

Low $446KHigh $450K

Aug 2026$450K

The numbers

What is the 22408 housing market like?

As of August 2026

Typical home value

$450K

1.0%YoY

Median list price

$479K

3.1%MoM

Days on market

27.6%MoM

Homes for sale

8.0%MoM

Price cuts

19.8%

4.0%MoM

New listings

25.0%MoM

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

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The comparison

How do 22408 home prices compare?

22408$450,286
Fredericksburg$470,072
Virginia$330,987
United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Fredericksburg: 5 ZIPs; Virginia: 757 ZIPs; United States: 26,265 ZIPs).

Context

There are 80 homes for sale in the ZIP as of August 2026, with 36 new listings arriving recently. The median list price of $479,000 reflects stable demand, though the median time on market of 37 days suggests buyers are taking their time to decide. One in five listings, at 19.8%, have seen a price cut. For sellers, this means the market is cooling slightly, and pricing strategically from the start matters more than hoping for multiple offers.

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