Affordable Housing
FREDERICKSBURG, Va. – The folks at the Fredericksburg Area Association of Realtors just shared their latest housing report with Potomac Local News—and it’s a mixed bag for buyers and sellers.
Even though more homes are hitting the market, sales have slowed compared to last year. Just 491 homes sold in August, down about 8% from 2024. But prices? Still going up. The median home price jumped over 5% to $485,750.
FREDERICKSBURG, Va. – The folks at the Fredericksburg Area Association of REALTORS just told Potomac Local News that home prices in our region hit an all-time high last month—even as sales slowed and homes took longer to sell.
July’s median home price reached $490,000, a 3% jump from last year’s $473,740. That’s despite local agents saying the pace of deals has cooled a bit. A total of 543 homes sold—slightly more than last July—and total sales volume surged over 11% to nearly $298.9 million.
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We’re back with another episode of the Potomac Local Podcast, where we connect our communities one story at a time. In this episode, Uriah Kiser, founder of Potomac Local News, sits down with Deshundra Jefferson, Chair At-large of the Prince William Board of County Supervisors, to discuss critical issues facing Prince William County.
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Fredericksburg Community Health Assessment Prioritizes Mental Health, Housing, and Healthcare Access
