Fredericksburg TX Real Estate Market Report Average Home Price Including

Home Values & Median Price Per Foot in City Limits

Total Sales  Land Sales Tax Receipts  Population Projection

Average Home and House Values (including short term rental) for Fredericksburg TX

Average Home Prices and House Values for Fredericksburg TX
(Short term rental sales no longer included in the average home sales data beginning 2023)

Average Short Term Rental Prices for Fredericksburg TX

In the Fredericksburg city limits from January 1 to March 30 we’ve sold $16,275,664 worth of homes in 2025 compared to $18,831,552 in 2024 a drop of 13.57%. That represents 31 individual home cells in 2025 and 35 individual home sales and 2024 so that’s also down 11.42%. However even with the overall volume being on the low end, as usual, Fredericksburg’s market is holding its own when it comes to values. For the first quarter of 2025 the average sold price for a home in the city limits is $525,021 which equates to $273.38 per foot compared to the end of last year, where we ended at $274.32 per foot. So really very little change on the average price of a home and I really expect to see that number to start appreciating again very slightly by the end of summer once we burn through some of the existing inventory.

The short-term rental market on the other hand continues to struggle a bit. For the first quarter of 2025 we’ve sold $5,107,000 worth of STR’s and the city limits and in 2024 we sold $9,594,250 worth of STR’s so that’s a drop of 46.77% in total dollar sales and we’ve also only sold eight short term rentals in the first three months of this year compared to 16 in the first three months of last year so that’s a 50% drop. As Ive mentioned before back in 21 and 22, we just had too many folks looking to get into the STR business and as a result, we’ve spread out the number of consumer choices so much that a lot of the less unique B&B’s are seeing their income soften and subsequently many of these STRs are trying to sell. We currently have 63 STR’s in the city limits for sale and so far this year we’ve only sold eight properties. however, much like the single-family residential homes the lack of volume in sales has not really affected pricing too much. We ended 2024 average sales price of an STR at $666,973 and for the first quarter of 2025 we are at $638,375. And of course, the more accurate metric of cell prices is the price per foot and here we actually see a little increase this year with $473.39.per foot for 2025 compared to the end of 2024 where the sales price $442.19 per foot. So that’s a fairly hefty increase in the average price per foot but with only eight transactions so far this year that say pretty limited data set to make any broad assumptions about where prices are headed..

 

Call, email (mike@mikestarks.com) or text me for any questions.