Frederick, MD—21703

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$420,000

1.1% YoY Growth

Household Income

$105,000

26.6% YoY Growth

Days on Market

75.0% Longer YoY

Home Price Forecast

-1.1%

Median Rent

$2,550

11.1% YoY Growth

1-Bed Rent

$1,600

9.6% YoY Growth

2-Bed Rent

$2,200

1.5% YoY Growth

3-Bed Rent

$2,600

1.2% YoY Growth

Other Zip Codes in Frederick, MD

21701 21702 21704

Home Price Trends — Frederick, MD

As of May '26, the median home price in Frederick, MD is $420,000, with a year-over-year change of -1.1%. This indicates that home prices in Frederick, MD are decreasing. According to Zillow, the 1-year price projection is -1.1%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$420,000	-1.1%
Single Family	$434,000	-1.1%
Condos	$322,000	-2.7%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Type	Median Rent	Average Rent
Average Rent	$2,550	$2,510
Studio Rent	$2,130	$2,130
1 Bed Rent	$1,600	$1,600
2 Bed Rent	$2,200	$2,080
3 Bed Rent	$2,600	$2,570
4 Bed Rent	$2,900	$2,870

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$388,000	-13.0%
Listing Count	145	32.0%
Listings as % of Homes	0.6%	32.0%
Days on Market	22	75.0%

Metric	Latest Census	YoY % Change
Population	41,800	15.2%
% Under 18	25.8%	2.0%
% Seniors	10.3%	1.0%
% WFH	16.5%	236.7%
% w/ College Degree	42.9%	17.2%

Metric	Latest Census	5-Year % Change
% White	46.6%	-12.1%
% Black	18.0%	15.4%
% Hispanic	20.9%	6.1%
% Asian	8.2%	-4.7%
% Foreign Born	21.7%	0.0%

Metric	Zip Code Average
Total Loan Originations	767
% Conventional Loans	75.0%
% Government Loans	25.0%
% Investor Loans	4.0%
% Second Loans	1.0%
% Cash Out Refinance	11.0%

Frederick, MD—21703

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

Buckeystown

Somerset

Adamstown, MD

Jefferson, MD

Frederick, MD

Frequently Asked Questions

Total Units under HUD	548
Total Units Section 8	421
% Rentals under Section 8	8.1%
% Occupied Section 8	86.0%

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$280	$1,600	$1,880
2 Bedroom	-$80	$2,200	$2,120
3 Bedroom	$50	$2,600	$2,650
4 Bedroom	$230	$2,900	$3,130

Metric	Zip Code Average
Home Price to Income Ratio	3.7
Median Home Price	$420,000
Median Household Income	$105,000

Frederick, MD—21703

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

Buckeystown

Somerset

Adamstown, MD

Jefferson, MD

Frederick, MD

Frequently Asked Questions

What is the average home price in Frederick, MD 21703?

How have home prices in Frederick, MD 21703 changed over the past year?

What is the home price projection for Frederick, MD 21703?

What are the demographics of Frederick, MD 21703?

How long does it take homes to sell in Frederick, MD 21703?

What is the average rent price in Frederick, MD 21703?