Fredericksburg

This small Wayne County community of 425 residents presents an extremely limited real estate market with just one active listing currently available. The median home price of $2,500,000 reflects a high-end property segment that significantly exceeds typical rural Ohio values, suggesting either luxury estates or unique properties dominate the local market. With a median household income of $75,547, the current pricing creates a substantial affordability gap for most local residents. The homeownership rate of 74.5% indicates a stable residential base with most families choosing to own rather than rent. Properties in Fredericksburg fall within the Waynedale Local School District, which serves the broader Wayne County area. The village's small population and single active listing suggest minimal inventory turnover, making available properties particularly noteworthy for buyers seeking rural Ohio locations. The dramatic difference between local income levels and current market pricing indicates this listing likely targets buyers from outside the immediate area or represents a luxury segment uncommon for the region.

Market description generated from current MLS and U.S. Census data.