Fredericksburg, Texas.
Typical home $511,559 (-3.1% in a year), asking rent $1,928 . Fredericksburg, TX metro.
to buy the typical home at today's mortgage rate — +$1,358 (+102%) since Jan 2020.
- 1 year
- Down $16,501 -3%
- $528,060$511,559 since Sep 2025
- 5 years
- Up $23,271 +5%
- $488,288$511,559 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Fredericksburg$2,685
- Texas$1,556
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 74 years.
Typical home values in Fredericksburg, TX fell 3.1% over the past year — slower than the nation's +1.2%.
Owning the typical home in Fredericksburg runs $1,720/mo more than renting one — the widest that gap has been in this data.
That is $3,649 a month against $1,928 rent: a $2,685 mortgage payment, plus $416 property tax and $548 insurance & upkeep.
Owning vs renting — Fredericksburg
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$3,649
- Renting$1,928
- Mortgage only$2,685
Property tax · $416/mo 0.98% of value a year — the ACS 2020-2024 median bill over the median home value for Gillespie County, TX
Insurance & upkeep · $548/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Fredericksburg, Gillespie County, Texas
Fredericksburg is a city of 10,875 people in Gillespie County. Half its households earn more than $64,534 a year and half less, against $76,162 across Gillespie County; 9% of its people live below the poverty line. 63% of its homes are lived in by their owners and 37% are rented. Unemployment in Gillespie County was 3.6% in August 2026, and the county had 0.8% more jobs in 2025 than the year before. The most residents work in schools and health care, then restaurants and hotels.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Fredericksburg is a small Texas city where most homes are lived in by their owners, and where incomes run below the county's as a whole. Home values and rents are high for a town this size. A good share of adults hold a four-year degree, and getting to work takes little time. Winters are mild and rarely bring snow, summers are hot, and rain falls at a moderate pace through the year.
Work. Residents work mostly in schools, hospitals and social care, in restaurants, hotels and entertainment, in the building trades, and in shops. Among the largest workplaces in town are Fredericksburg ISD, H-E-B and Hill Country Memorial Hospital. Unemployment in Gillespie County is unchanged from a year earlier, and the county has added a small number of jobs.
Things to do. In or beside town, Fort Martin Scott is an old fort and the National Museum of the Pacific War is a museum, both close enough to visit without much planning. A longer drive leads to Enchanted Rock State Natural Area, a protected area for outdoor time, and to the Blanco River. Lyndon B. Johnson National Historical Park, also a longer drive away, is another place to spend a day.
Report a mistake
- 5,125households
- 43%of adults have a degree
- 9%below the poverty line
- 14 mintypical commute
- 13%work from home
What residents work in
Employed residents by industry, from the Census survey. Gillespie County had 12,576 jobs in 2025, 0.8% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 60° and lows near 34°; warmest in August, with highs near 94° and lows near 70°. About 31 inches of rain a year, and little or no snow.
Average daily high and low, 1991–2020, at the Fredericksburg weather station, 3 miles away (NOAA).
Largest workplaces in Fredericksburg
- Fredericksburg ISDSchool district462FTE
- H-E-BRetail336
- Hill Country Memorial HospitalGeneral hospital247FTE
- WalmartWarehouse clubs and supercenters213
- Central Texas Electric Co-op - 1 (2)Distribution of electric power94
- West Windcrest Street OpcoSkilled nursing facilities69
- FredericksburgMail and parcel delivery37
- Methodist Healthcare Hospice & Family CareHospice care services, in home35
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 10 workplaces with 20 or more staff, 1,091 people in all. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Winter weatherRelatively high
- HailRelatively high
- LightningRelatively high
- TornadoesRelatively high
- Inland floodingRelatively high
- Strong windRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Fredericksburg’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Gillespie County and the Fredericksburg, TX metro.
Fredericksburg home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Fredericksburg$511,559
- Texas$296,424
- United States$366,157
Sellers are cutting prices on about 1 in 8 Fredericksburg listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Fredericksburg11.81%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Fredericksburg520
New listings per month
Sellers arriving at the market.
- Fredericksburg52
Zip codes with a Fredericksburg address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Fredericksburg — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.