The housing in 78624 Fredericksburg, TX is far above the national median value of $338,100. The median value for homes in this area is a whopping $553,500. In the last year, home values in this area have appreciated 13.25%, which is significantly higher than the US 1 year house appreciation rate of 8.27%. This indicates that not only are homes here more expensive compared to other parts of the country, but they are also gaining value faster than elsewhere.
The median home cost in Fredericksburg (zip 78624) is $553,500. Home appreciation the last 10 years has been 174.5%. Home Appreciation in Fredericksburg (zip 78624) is up 20.0%.
Average Age of Homes
- The median age of Fredericksburg (zip 78624) real estate is 29 years old
The Rental Market in Fredericksburg (zip 78624)
- Renters make up 22.7% of the Fredericksburg (zip 78624) population
- 0.8% of houses and apartments in Fredericksburg (zip 78624), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.