What is the average home price in Frederick, MD 21704?

As of May '26, the median home price in Frederick, MD 21704 is $656,000, based on Zillow home estimates.

How have home prices in Frederick, MD 21704 changed over the past year?

As of May '26, home prices have decreased 0.1% over the past year, according to Zillow home estimates data.

What is the home price projection for Frederick, MD 21704?

As of May '26, Zillow projects home prices in Frederick, MD 21704 to decrease 0.3% in the next year.

What are the demographics of Frederick, MD 21704?

According to the latest Census, the demographics of Frederick, MD 21704 are 52.1% White, 12.6% Black, 16.8% Asian, 13.5% Hispanic. The population is 19,600, with 31.8% under 18 years old.

How long does it take homes to sell in Frederick, MD 21704?

According to Realtor.com, as of May '26, the median home in Frederick, MD 21704 is on the market for 22 days. This is an increase of 9.0% from last year.

What is the average rent price in Frederick, MD 21704?

The average rent price in Frederick, MD 21704, as of the latest data, is $3,200. The average rent for 1 bedroom homes is $1,750. For 2, 3, and 4 bedroom homes, the average rent is $2,550, $3,100, and $3,500 respectively.

View in Interactive Map

Frederick, MD—21704

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$656,000

0.1% YoY Growth

Household Income

$164,000

19.9% YoY Growth

Days on Market

9.0% Longer YoY

Home Price Forecast

-0.3%

Median Rent

$3,100

6.0% YoY Growth

1-Bed Rent

$1,820

34.6% YoY Growth

2-Bed Rent

$2,550

3.8% YoY Growth

3-Bed Rent

$3,050

7.3% YoY Growth

Other Zip Codes in Frederick, MD

21701 21702 21703

Home Price Trends — Frederick, MD

As of May '26, the median home price in Frederick, MD is $656,000, with a year-over-year change of -0.1%. This indicates that home prices in Frederick, MD are flat. According to Zillow, the 1-year price projection is -0.3%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$656,000	-0.1%
Single Family	$672,000	0.0%
Condos	$461,000	-6.9%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$600,000	-5.0%
Listing Count	67	-10.0%
Listings as % of Homes	1.0%	-10.0%
Days on Market	22	9.0%

Metric	Latest Census	YoY % Change
Population	19,600	18.8%
% Under 18	31.8%	-0.3%
% Seniors	10.5%	25.0%
% WFH	27.3%	370.7%
% w/ College Degree	58.1%	2.3%

Metric	Zip Code Average
Total Loan Originations	487
% Conventional Loans	89.0%
% Government Loans	11.0%
% Investor Loans	2.0%
% Second Loans	1.0%
% Cash Out Refinance	10.0%

Total Units under HUD	85
Total Units Section 8	79
% Rentals under Section 8	5.5%
% Occupied Section 8	86.0%

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$830	$1,820	$2,650
2 Bedroom	$430	$2,550	$2,980
3 Bedroom	$680	$3,050	$3,730
4 Bedroom	$1,050	$3,350	$4,400

Frederick, MD—21704

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

Ijamsville, MD

Adamstown, MD

Frederick, MD

Frederick, MD

Frequently Asked Questions

Type	Median Rent	Average Rent
Average Rent	$3,100	$3,200
Studio Rent	$1,550	$1,550
1 Bed Rent	$1,820	$1,750
2 Bed Rent	$2,550	$2,550
3 Bed Rent	$3,050	$3,100
4 Bed Rent	$3,350	$3,500

Metric	Latest Census	5-Year % Change
% White	52.1%	-13.7%
% Black	12.6%	24.8%
% Hispanic	13.5%	20.5%
% Asian	16.8%	20.9%
% Foreign Born	21.5%	27.2%

Metric	Zip Code Average
Home Price to Income Ratio	3.7
Median Home Price	$656,000
Median Household Income	$164,000