22401 — Fredericksburg city, Virginia Market Snapshot

Housing market data for zip code 22401 in Fredericksburg city, Virginia. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

56 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$517,850

-2.3% YoYClosed sales

Days to Sell

40

Median, listing to close

Homes Sold

56

Closed in 2026

Inventory

51

Sale-to-List

98.1%

New Listings

77

Price/SqFt

$230

Pending Sales

66

Conforming Loan Available

Most homebuyers in 22401 can comfortably use conventional financing. The median home price of $517,850 is well below the 2026 conforming loan limit of $1,249,125, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Market Insights

Market Temperature

22401's market is balanced with homes taking an average of 40 days to sell. Buyers have some negotiating room without the pressure of bidding wars.

Sale-to-List Ratio

Homes are selling very close to asking price in 22401 (98.1% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

Most homebuyers in 22401 can comfortably use conventional financing. The median home price of $517,850 is well below the 2026 conforming loan limit of $1,249,125, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Loan limits in 22401 are set at the county level.

2026 Loan Limits — Fredericksburg city

Property Units Conforming Limit FHA Limit
1 Unit$1,249,125$1,249,125
2 Units$1,599,375$1,599,375
3 Units$1,933,200$1,933,200
4 Units$2,402,625$2,402,625

Affordability Snapshot — Zip 22401

To purchase the median home at $517,850 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $4,118.

Monthly Payment

$4,118

Income Required

$176,469

Principal & Interest

$3,191/mo

Down Payment (5%)

$25,893

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 22401.

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Estimated Monthly Payment

$3,355

Principal & Interest$2,687
Property Tax$518
Insurance$150
Loan Amount$414,280
Total Interest$553,044
Income Required$143,780/yr

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