Frederick, MD—21702

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$465,000

0.4% YoY Growth

Household Income

$105,000

28.2% YoY Growth

Days on Market

13.0% Shorter YoY

Home Price Forecast

-1.2%

Median Rent

$2,300

16.8% YoY Growth

1-Bed Rent

$1,640

4.5% YoY Growth

2-Bed Rent

$1,750

3.4% YoY Growth

3-Bed Rent

$2,500

10.4% YoY Growth

Other Zip Codes in Frederick, MD

21701 21703 21704

Home Price Trends — Frederick, MD

As of May '26, the median home price in Frederick, MD is $465,000, with a year-over-year change of -0.4%. This indicates that home prices in Frederick, MD are flat. According to Zillow, the 1-year price projection is -1.2%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$465,000	-0.4%
Single Family	$487,000	-0.4%
Condos	$271,000	-2.5%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Type	Median Rent	Average Rent
Average Rent	$2,300	$2,300
Studio Rent	N/A	N/A
1 Bed Rent	$1,640	$1,620
2 Bed Rent	$1,750	$1,730
3 Bed Rent	$2,500	$2,540
4 Bed Rent	$2,800	$2,900

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$456,000	-2.0%
Listing Count	187	1.0%
Listings as % of Homes	0.8%	1.0%
Days on Market	28	-13.0%

Metric	Latest Census	YoY % Change
Population	47,400	12.9%
% Under 18	23.9%	-0.4%
% Seniors	14.8%	9.6%
% WFH	16.5%	175.0%
% w/ College Degree	40.5%	-1.2%

Metric	Latest Census	5-Year % Change
% White	53.5%	-8.9%
% Black	16.0%	-14.4%
% Hispanic	21.3%	52.1%
% Asian	5.3%	-1.9%
% Foreign Born	19.7%	10.1%

Metric	Zip Code Average
Total Loan Originations	1,004
% Conventional Loans	73.0%
% Government Loans	27.0%
% Investor Loans	3.0%
% Second Loans	0.0%
% Cash Out Refinance	7.0%

Frederick, MD—21702

Key Metrics at a Glance

Other Zip Codes in Frederick, MD

Home Price Trends — Frederick, MD

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Frederick, MD

% of Rental Stock

Property Listings — Frederick, MD

Demographics — Frederick, MD

Race and Ethnicity

Mortgage and Risk — Frederick, MD

Mortgages

Rentals and Section 8 — Frederick, MD

Section 8 Market Size

Section 8 Opportunity

Affordability — Frederick, MD

Home Price to Income Ratio

Frederick, MD — ZIP Code Boundary Map

Nearby ZIP Codes

Somerset

Myersville, MD

Frederick, MD

Middletown, MD

Walkersville, MD

Frequently Asked Questions

Total Units under HUD	942
Total Units Section 8	907
% Rentals under Section 8	14.2%
% Occupied Section 8	90.5%

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$90	$1,640	$1,550
2 Bedroom	$0	$1,750	$1,750
3 Bedroom	-$310	$2,500	$2,190
4 Bedroom	-$220	$2,800	$2,580

Metric	Zip Code Average
Home Price to Income Ratio	4
Median Home Price	$465,000
Median Household Income	$105,000

Frederick, MD—21702

Key Metrics at a Glance

Other Zip Codes in Frederick, MD

Home Price Trends — Frederick, MD

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Frederick, MD

% of Rental Stock

Property Listings — Frederick, MD

Demographics — Frederick, MD

Race and Ethnicity

Mortgage and Risk — Frederick, MD

Mortgages

Rentals and Section 8 — Frederick, MD

Section 8 Market Size

Section 8 Opportunity

Affordability — Frederick, MD

Home Price to Income Ratio

Frederick, MD — ZIP Code Boundary Map

Nearby ZIP Codes

Somerset

Myersville, MD

Frederick, MD

Middletown, MD

Walkersville, MD

Frequently Asked Questions

What is the average home price in Frederick, MD 21702?

How have home prices in Frederick, MD 21702 changed over the past year?

What is the home price projection for Frederick, MD 21702?

What are the demographics of Frederick, MD 21702?

How long does it take homes to sell in Frederick, MD 21702?

What is the average rent price in Frederick, MD 21702?