Average Home Sizes and Asking Prices
Updated On: March 3, 2015
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Homes for Sale in Spotsylvania
Spotsylvania Real Estate & Homes for Sale in Virginia
Surrounding the incorporated city of Fredericksburg is richly historic Spotsylvania County. Spotsylvania is home to approximately 90,000 residents.
Spotsylvania is located among the rolling hills and serene rural countryside typical of the state. The strikingly beautiful Fredericksburg region still bears the scars of the many major Civil War battles fought in the area. One such battle was fought at the site of the Spotsylvania Court House, lasting two weeks and resulting in 30,000 casualties. The area today is preserved under the auspices of the Fredericksburg and Spotsylvania County Military Park, which also includes miles of preserved ground that marks the huge Chancellorsville battlefield.
The county's schools are excellent, offering a wide range of accelerated, alternative and adult education programs as well as traditional academics and special services. The district prides itself on striving to meet the needs of its diverse student body. In addition to good schools, the city and surrounding area offer affordable homes, friendly people, and excellent shopping. Antiques and unique one-of-a-kind items can be found throughout the region.
Lake Anna, the Rappahannock River, and other nearby lakes, rivers, and streams provide abundant recreational opportunities, as do the many city and county parks. The Chesapeake Bay, Blue Ridge Mountains, and the Atlantic Ocean are all located nearby, offering even more opportunities to get outside and enjoy the state's mild climate and four distinct seasons. Nestled midway between Washington, DC, to the north and the state capital of Richmond to the south, Spotsylvania is an ideal place to call home.
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Spotsylvania, VA Real Estate Market: Price Range of Spotsylvania Houses for Sale
The Spotsylvania real estate market consists primarily of single-family homes, although townhomes and condominiums have become more commonly available in recent years. In 2004, Spotsylvania was identified as the 19th fastest-growing county in the United States and numerous national, regional, and custom builders are actively developing the county, offering homes that range from small homes on country lots starting from the low $80,000s, to affordable subdivisions with single-family homes starting in the mid $400,000s, to exquisite custom homes on large estate-like lots. In the resale market, homes range in price from $130,000 for smaller town homes to several million dollars for large estate properties featuring substantial acreage. Single-family homes in areas such as Lake Wilderness and Shady Tree are generally priced from the low $300,000s to the high $400,000s. Several estate-like subdivisions—boasting lots of at least 5 acres—range in price from the $500,000s to the $800,000s while custom-home luxury home subdivisions such as Summer's Landing and Sawhill offer homes priced from the high $500,000s to over $1.5 million, with large lakefront and wooded lots. Fawn Lake offers the privacy of a gated community, luxurious custom-built homes, and features a golf course and water views and/or frontage, with homes priced from the high $700,000s to several million. Lots and land are available for custom building and investment.
Spotsylvania Real Estate Stats and Trends for the week of March 2nd, 2015: homes priced around $245,459 compared to $242,958 the previous week, showing a increase of more than +1%. For Tuesday, March 3rd, the current national mortgage rate for a 30 year fixed mortgage is 3.92%; the 15 year fixed rate is at 3.00%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.23%, while the 15 year jumbo rate currently is at 4.06%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Spotsylvania VA. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Spotsylvania to help you find the best home!