Frederick, MD Home Values & Market Trends
Real estate market trends reflect that there have been 2,204 transactions over the past year in Frederick. The median value for residential home transactions that occurred over the previous year is $417,320.98. The number of current listings in Frederick is 197, and the percentage of properties for sale in the city is 197.00%. Frederick, MD currently has 33 properties in foreclosure, 2 bank owned properties, 13 properties headed for auction, and 197 properties for sale.
Frederick, MD Real Estate Market Overview
Housing Market Summary for Frederick, MD
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $365.4K | $417.5K | 14.25% |
| Median Sold Price | $399.6K | $417.5K | 4.46% |
| Homes For Sale | 192 | 184 | -4.17% |
| Homes Sold | 1,115 | 952 | -14.62% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Frederick, MD
Browse Homes in Frederick, MD
Frederick home values range from $31,505 to $6,907,829. The median estimated value of a home in Frederick is $417,320.98. The median list price of a home is 359,000, and the total count of properties in the city is 46,939.
- Pre-ForeclosurePre-foreclosure homes account for 0.04% of all residential properties in Frederick, MD with 21702 containing 7 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 4 zips within Frederick, MD; of those zips, the estimated home value for pre-foreclosure homes ranges from $423,301 in 21704 to the lowest home value of $225,643 in 21701.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Frederick, MD ranges from the highest value of $412,418 in 21703 to the lowest value of $280,277 in 21702. Bank owned homes and properties account for 0.00% of properties in Frederick, MD. There are 4 zips within Frederick, MD; 21703 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions21701 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Frederick, MD. Auction homes and other auction properties account for 0.03% of all properties in Frederick, MD. There are 4 zips within Frederick, MD; of those zips, the median estimated home value for homes going to auction ranges from $774,804 in 21704 to the lowest value of $230,060 in 21704.
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