ZIP Code 22401 — Fredericksburg, VA Home Prices (2026)
The typical home in ZIP 22401 (Fredericksburg, Virginia) is worth about $475,000 at roughly $264 per square foot — about the same as the Fredericksburg median and 62% more expensive than the typical U.S. home.
How 22401 compares
ZIP 22401 is a mid-priced ZIP code for Fredericksburg: its typical home value of $475,000 ranks #3 of the 5 Fredericksburg ZIP codes we track (the citywide range runs from $455,000 in 22408 to $579,000 in 22406). Per square foot it costs about $264, against $220 for Fredericksburg as a whole, $221 for Virginia, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 22401 | $475,000 | $264 |
| Fredericksburg, VA | $475,000 | $220 |
| Virginia | $342,000 | $221 |
| United States | $294,000 | $195 |
Home value by size in 22401
Using this ZIP’s rate of about $264 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $264,000 |
| 1,500 sq ft | $396,000 |
| 2,000 sq ft | $528,000 |
| 2,500 sq ft | $660,000 |
| 3,000 sq ft | $792,000 |
Salary needed to buy a home in ZIP 22401
To buy the typical $475,000 home in ZIP 22401 with 20% down, you need a household income of roughly $129,000 a year (about $3,020 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $154,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $23,800 | $3,750/mo | $161,000/yr |
| 10% (+PMI) | $47,500 | $3,580/mo | $154,000/yr |
| 20% | $95,000 | $3,020/mo | $129,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 22401
At about $264 per square foot, here is roughly how much home different budgets get you in ZIP 22401:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $250k | 950 sq ft | below the local median — condos, smaller or older homes |
| $300k | 1140 sq ft | below the local median — condos, smaller or older homes |
| $400k | 1520 sq ft | around the typical home here |
| $500k | 1890 sq ft | around the typical home here |
| $600k | 2270 sq ft | around the typical home here |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 22401 home.
Estimate a specific home in 22401
The estimator below is pre-set to ZIP 22401 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All Fredericksburg ZIP codes by home value
Where 22401 sits among Fredericksburg’s 5 ZIP codes:
| # | ZIP code | Typical value | $ / sq ft |
|---|---|---|---|
| 1 | 22406 | $579,000 | $221 |
| 2 | 22405 | $480,000 | $217 |
| 3 | 22401 (this page) | $475,000 | $264 |
| 4 | 22407 | $469,000 | $220 |
| 5 | 22408 | $455,000 | $206 |
ZIP 22401 home prices: frequently asked
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See the full Fredericksburg home values page, all Virginia cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.