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Real Estate Prices & Overview

Regency At Chancellorsville / Estate Of Chancellorsville median real estate price is $620,436, which is more expensive than 69.2% of the neighborhoods in Virginia and 73.4% of the neighborhoods in the U.S.

The average rental price in Regency At Chancellorsville / Estate Of Chancellorsville is currently $2,844, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 70.0% of the neighborhoods in Virginia.

Regency At Chancellorsville / Estate Of Chancellorsville is a rural neighborhood (based on population density) located in Fredericksburg, Virginia.

Regency At Chancellorsville / Estate Of Chancellorsville real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Regency At Chancellorsville / Estate Of Chancellorsville neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Regency At Chancellorsville / Estate Of Chancellorsville has a 9.3% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 60.7% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

People

Regency At Chancellorsville / Estate Of Chancellorsville has the amazing distinction of housing more same sex couples living together than 98.7% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.

In addition, if you're looking for a great spot to raise a family, then look no further than the Regency At Chancellorsville / Estate Of Chancellorsville neighborhood. NeighborhoodScout's analysis found that the combination of good quality public schools, above-average safety from crime, and a high rate of home ownership in predominantly single-family homes, help make this neighborhood among the top 11.4% of family-friendly neighborhoods across the state of Virginia. In addition, there are a high proportion of other families with school-aged children living here, making it easy for parents and their children to socialize and develop a sense of community support. In addition, families here highly value education, as is reflected by the strength of the local schools, in part due to the educational attainment of the parents here, who vote in support of the public schools.

Occupations

The Regency At Chancellorsville / Estate Of Chancellorsville neighborhood has a greater proportion of government workers living in it than 97.3% of the neighborhoods in America, according to NeighborhoodScout's exclusive analysis. This is a unique feature of this neighborhood, and one that shapes its character.

Real Estate

One way that the Regency At Chancellorsville / Estate Of Chancellorsville neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 95.6% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.

Diversity

Did you know that the Regency At Chancellorsville / Estate Of Chancellorsville neighborhood has more Romanian and Iranian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.1% of this neighborhood's residents have Romanian ancestry and 1.0% have Iranian ancestry.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Regency At Chancellorsville / Estate Of Chancellorsville neighborhood in Fredericksburg are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 88.3% of the neighborhoods in America. With 11.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 54.6% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Regency At Chancellorsville / Estate Of Chancellorsville neighborhood, 43.2% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 28.4% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (15.1%), and 15.0% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Regency At Chancellorsville / Estate Of Chancellorsville neighborhood is English, spoken by 85.2% of households. Some people also speak Spanish (6.7%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Regency At Chancellorsville / Estate Of Chancellorsville neighborhood in Fredericksburg, VA, residents most commonly identify their ethnicity or ancestry as English (12.1%). There are also a number of people of Irish ancestry (12.1%), and residents who report German roots (11.7%), and some of the residents are also of Italian ancestry (6.6%), along with some Scottish ancestry residents (4.1%), among others. In addition, 14.0% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Regency At Chancellorsville / Estate Of Chancellorsville neighborhood spend between 15 and 30 minutes commuting one-way to work (35.1% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (64.7%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (5.7%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.

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Crime includes:
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Schools include:
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