Is Fredericksburg, TX 78624 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Fredericksburg is a buyer’s market. With about 11.7 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score6/ 100

More competitive than 2% of U.S. ZIP codes, and #821 of 868 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply11.7Under 4 months = seller’s market
Sold above original list3%Share of sales, last 3 months
Median sale-to-list96.8%Sold price ÷ list price
Median days on market113Listing to accepted offer
Median price per sq ft$284▲ +2.4% vs. last year

The Fredericksburg housing market right now

In the three months ending August 31, 2026, 3% of homes in Fredericksburg, TX 78624 sold above their list price, the typical home went under contract in 113 days and there were 11.7 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 68 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (2% then), homes sold more slowly (104 days then) and the median sale price held steady to $512,278. Overall, Fredericksburg is about as competitive as it was a year ago.

On our competition score, Fredericksburg ranks #821 of 868 TX ZIP codes with enough sales (score 6 out of 100).

Nearby markets

Doss 78618 — /sq ftStonewall 78671 — /sq ftWillow City 78675 — /sq ft Browse all markets →

Where Fredericksburg is

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Questions about Fredericksburg real estate

Is Fredericksburg a buyer’s or seller’s market?

A buyer’s market: there were 11.7 months of supply in Fredericksburg, TX 78624 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Fredericksburg?

The typical home went under contract in 113 days in the latest three months.

Do homes in Fredericksburg sell over asking?

3% of homes sold above their original list price, and the typical sale closed at 96.8% of the list price.

What are property taxes in Fredericksburg?

About 0.98% of a home’s value a year in Gillespie County, or roughly $3,920 on a $400,000 home.

What is the median home price in Fredericksburg?

The median sale price was $512,278 in the three months ending August 31, 2026, about $284 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology