Market Overview
Home Prices in Fredericktown, OH
The median home value in Fredericktown, OH is $298,104 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.1% compared to a year ago and up 4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Fredericktown are priced27% below average. Fredericktown is part of the Mount Vernon, OH metro area.
Over the past five years, Fredericktown home values have risen by approximately33.1%, reflecting strong long-term appreciation in this market.
Price History
Fredericktown Home Price Trend
City Comparison
Fredericktown vs. National Median
At $298,104, homes in Fredericktown cost 27% below the national median of $410,000. This makes Fredericktown a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Fredericktown?
20% Down Payment
$59,621
on $298,104
Monthly P&I
$1,555/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,975/mo
incl. taxes & insurance
Income Needed
$79,000
gross annual (30% rule)
10% Down Option
$29,810
+ PMI applies
Loan Amount (20% dn)
$238,483
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Fredericktown, OH?
The median home value in Fredericktown is $298,104 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.1% year-over-year.
How much have home prices changed in Fredericktown?
Over the past year, home values in Fredericktown have increased by 6.1%. Over five years, prices have risen approximately 33.1%.
How much do I need to earn to buy a home in Fredericktown?
To comfortably afford the median home price of $298,104 with a 20% down payment ($59,621) at today's rates (6.8%), you'd need a gross annual income of approximately $79,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Fredericktown compare to the national average home price?
The national median home value is approximately $410,000. At $298,104, homes in Fredericktown are 27% below the national average.
What metro area is Fredericktown part of?
Fredericktown is part of the Mount Vernon, OH metropolitan area. Home prices and market conditions can vary across the broader metro region.