In non-equilibrium inviscid blunt-body flows, the state of the gas at the stagnation point is known to be in thermodynamic equilibrium for all finite relaxation times. The dependence of this state on the non-equilibrium processes and body geometry is investigated for the most general conditions. The stagnation-point state is always found to be in a narrow range bounded on one side by the state obtained in an equilibrium flow. The other bound, called the frozen limit, is far removed from the state obtained in an identically frozen flow (infinite relaxation times). For certain state variables, the frozen-limit value lies outside the range determined by frozen and equilibrium flow. Significant errors are found in several published predictions of the stagnation-point state, resulting from the non-analytic approach to equilibrium in nearly frozen flow.The two bounds on the pressure are expressible in terms of the normal shock density ratios for equilibrium and frozen flow. The actual pressure for an arbitrary flow situation is found to depend only on the shock nose radius and the relation between density and time in the relaxation zone behind a normal shock wave. If the density law is given by a single relaxation model, a closed form expression for the pressure is obtained. The analysis is carried out for both plane and axisymmetric flows, and is also valid for non-equilibrium free-stream conditions.