Commercial Real Estate Market in Fredericksburg, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
345 active listings and 4,267 off-market properties in Fredericksburg, VA. Office vacancy runs 7.4%, the loosest of the segments tracked here.
Market Trends
Fredericksburg, VA spans 244.7 square miles in Fredericksburg County, Virginia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Fredericksburg, VA runs 7.4% in 2025, down from 9.1% in 2019. Down from a 2020 peak of 10%.
Vacancy Rate %
Retail
Retail vacancy in Fredericksburg, VA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Fredericksburg, VA runs 4.3% in 2025, down from 5.1% in 2019. Down from a 2024 peak of 7.4%.
Vacancy Rate %
Multifamily
Multifamily vacancy in Fredericksburg, VA runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 50.1%
- Planned_development 24.6%
- Commercial 16.8%
- Industrial 8.5%
Largest Zones share of zoned land by district
Residential
Residential
Planned Development Commercial
Planned Development And Residential
General Industrial
Fredericksburg, VA zones 6,784 acres across 18 districts. Commercial zoning covers 16.8% of zoned land, residential 50.1% and industrial 8.5%. The largest single district is Residential at 25.6%. For commercial buyers the practical constraint is that only 25.3% of land carries a commercial or industrial designation.
Planned Development Commercial (PD-C)
The Planned Development Commercial PD-C District is established to provide locations for a full range of retail commercial and service uses which are oriented to serve a regional market area.
Market overview
Demographics & Economy
Fredericksburg, VA has 184,069 residents in 71,096 households. Density runs 752 people per square mile. Median household income here is $111,004 and median gross rent $1,777 a month.
184,069
Population
71,096
Households
2.6
Avg Household Size
37
Median Age
40%
College-Educated
92%
High-School Grad
244.7 sq mi
ZIP Area
752
Density / Sq Mi
$111,004
Median Household Income
$52,976
Median Earnings
$1,777
Median Rent
$407,818
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Snell | — | — |
| Falmouth | — | — |
| Hartwood | — | — |
| Spotsylvania | — | — |
Frequently Asked Questions
What is the office vacancy rate in Fredericksburg?
Office vacancy in Fredericksburg, VA is 7.4% as of 2025, down from 9.1% in 2019.
Which property type has the lowest vacancy in Fredericksburg?
Industrial has the lowest vacancy in Fredericksburg, VA at 4.3%, inside a 2–7.4% band since 2019. For comparison: office 7.4%, retail 5.4% (South) and multifamily 11.3% (South).
What zoning applies to commercial property in Fredericksburg?
Fredericksburg, VA zones 6,784 acres across 18 districts, of which 16.8% is commercial and 8.5% industrial. The largest single district is Residential at 25.6% of zoned land. Residential zoning covers 50.1% and open space 0%.
Where does Realmo's Fredericksburg market data come from?
Realmo compiles Fredericksburg, VA figures from 8 recent recorded sales, 218 active sale listings, 127 active lease listings, 4,267 tracked off-market properties, the current Fredericksburg zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 218 active for-sale and 127 active for-lease listings in Fredericksburg, VA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 6,784 zoned acres across 18 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- retail vacancy is reported at South region level and multifamily vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
