$5,283 Closing Credit*
$444,900
3 Beds
•2 Full Baths, 1 Partial
Michael L Myer, Listing Office: Geller Real Estate Company
Is Fredericksburg, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Fredericksburg has remained a Seller's Market.
Key Takeaway
Fredericksburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fredericksburg, PA
How much do homes in Fredericksburg, PA cost?
Median Sold Price
$295,900
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$19,100(-6.1%)
Key Takeaway
Homes in Fredericksburg have sold for 6.1% less than they did a year ago.
Summary: The median home sold price in Fredericksburg was $295,900 in October 2024, down 6.1% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110K | - | N/A |
| 2 Bedrooms | $256K | $203.7K | -20.4% |
| 3 Bedrooms | $325K | $295.9K | -9.0% |
| 4 Bedrooms | $371K | $352.5K | -5.0% |
| 5+ Bedrooms | - | $423.5K | N/A |
Summary: Fredericksburg housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20.4%, 3 bedroom homes decreased by 9%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Swatara Township | $214.9K | $300K | +39.6% |
| Fredericksburg | $315K | $295.9K | -6.1% |
| Pine Grove Township | $242.5K | $224K | -7.6% |
Housing Supply in Fredericksburg, PA
How many homes are available in Fredericksburg, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 10 | +11.1% |
Summary: The Fredericksburg real estate market had 10 homes for sale in October 2024, a 11.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Fredericksburg housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fredericksburg, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Fredericksburg in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Fredericksburg, PA
How long does it take to sell a home in Fredericksburg, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 3 Days | 20 Days | +478.6% |
Summary: Homes in Fredericksburg had an average of 20 days on market in Oct 2024, up by 478.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fredericksburg are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Fredericksburg; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
