Land for Sale in Fredericksburg TX

Map of Land for Sale in Fredericksburg

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Under Contract
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Fredericksburg Real Estate Market Overview

$479,688

Median Listing Price

$224

Median Sale Price per Sq. Ft.

$480,000

Median Sold Price

76

Median Days on Market

Fredericksburg Real Estate Market Overview

Fredericksburg real estate market is brimming with land parcels waiting to be transformed into dream homes, vineyards, or commercial ventures. From sprawling ranches with panoramic views to quaint plots nestled among rolling hills, Fredericksburg presents an array of land options to suit various aspirations and investment goals. With its picturesque landscapes, vibrant community, and thriving tourism industry, Fredericksburg continues to attract buyers looking to build their own piece of Texas Hill Country heaven.

Current Market Trends: What Buyers Need to Know

Insights into Fredericksburg's housing market:

Median Property Prices: In the past month, Fredericksburg witnessed a marginal decline of 1.3% in the median sale price of properties, settling at $480,000 compared to the previous year.

Price per Square Foot: The median sale price per square foot experienced a notable decrease of 34.9% since last year, currently standing at $224.

Sales Dynamics: Properties in Fredericksburg are taking a bit longer to sell, with an average of 76 days on the market compared to 73 days the previous year. Furthermore, there was a decrease in the number of homes sold, with 13 property sold in October this year, down from 15 in the same period last year.

Overview of Fredericksburg's Market

Market Shifts: The slight decline in median property prices and the significant drop in price per square foot might suggest a market adjustment or changing buyer preferences.

Buyer's Market Potential: With homes staying on the market a bit longer and prices adjusting, buyers might find more options and potentially negotiate favorable deals.

Local Real Estate Dynamics: Despite minor adjustments, Fredericksburg continues to attract buyers due to its charm, amenities, and proximity to urban centers.

Engage with Michele Smith

For personalized guidance and insight into Fredericksburg's real estate dynamics, Michele Smith is your knowledgeable partner. With a commitment to client satisfaction and a deep understanding of the Fredericksburg real estate market, Michele is prepared to assist you in making informed real estate decisions.

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