Frederick, MD Housing Market
The Frederick housing market is very competitive. Homes in Frederick receive 3 offers on average and sell in around 25 days. The median sale price of a home in Frederick was $440K last month, up 2.3% since last year. The median sale price per square foot in Frederick is $232, up 5.9% since last year.
Frederick Housing Market Trends
In March 2024, Frederick home prices were up 2.3% compared to last year, selling for a median price of $440K. On average, homes in Frederick sell after 25 days on the market compared to 23 days last year. There were 140 homes sold in March this year, down from 163 last year.
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How hot is the Frederick housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% above list price and go pending in around 23 days.
- Hot homescan sell for about 3% above list price and go pending in around 5 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 7 days.
- Hot homescan sell for about 5% above list price and go pending in around 3 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 10 days.
- Hot homescan sell for about 3% above list price and go pending in around 4 days.
Frederick Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Frederick from outside metros.
- New York homebuyers searched to move into Frederick more than any other metro followed by Hartford and Atlanta.
- 82% of Frederick homebuyers searched to stay within the Frederick metropolitan area.
- Salisbury was the most popular destination among Frederick homebuyers followed by Virginia Beach and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 3,393 | ||
2 | 1,561 | ||
3 | 642 | ||
4 | 348 | ||
5 | 314 | ||
6 | 19 | ||
7 | 12 | ||
8 | 12 | ||
9 | 10 | ||
10 | 9 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 4,468 | ||
2 | 2,447 | ||
3 | 1,942 | ||
4 | 1,579 | ||
5 | 1,486 | ||
6 | 1,371 | ||
7 | 1,288 | ||
8 | 1,272 | ||
9 | 947 | ||
10 | 832 |
Home offer insights for Frederick
Recent offers
- Offer Not Accepted|4 Weeks Ago~$350K OfferSold for $350K3 bd | 2.5 ba | ~1,750 sqftOver List Price4%Days on Market4Competing Offers8Down Payment—
- Offer Not Accepted|7 Weeks Ago~$325K OfferSold for $350K3 bd | 2 ba | ~1,500 sqftOver List Price1%Days on Market4Competing Offers10Down Payment—
- Offer Not Accepted|8 Weeks Ago~$325K OfferSold for $325K3 bd | 2 ba | ~1,750 sqftOver List Price0%Days on Market5Competing Offers4Down Payment—
View houses in Frederick that sold recently
Recently sold homes
- $455,000 Last Sold Price3 beds3 baths2,106 sq ft1002 Holden Rd, Frederick, MD 21701(833) 335-7433List Price$450,000Sale to List1% over listDays on Market69 days1002 Holden Rd, Frederick, MD 21701
- $248,500 Last Sold Price0 beds1 bath609 sq ft7020 Basswood Rd, Frederick, MD 21703(301) 263-6307List Price$249,000Sale to List0% under listDays on Market105 days7020 Basswood Rd, Frederick, MD 21703
- $261,000 Last Sold Price2 beds2 baths—sq ft8200 Blue Heron Dr Unit 2B, Frederick, MD 21701(301) 698-5005List Price$245,000Sale to List7% over listDays on Market30 days8200 Blue Heron Dr Unit 2B, Frederick, MD 21701
- $625,000 Last Sold Price4 beds3.5 baths3,076 sq ft2408 Hunters Chase Ct, Frederick, MD 21702(301) 698-5005List Price$625,000Sale to List0% over listDays on Market21 days2408 Hunters Chase Ct, Frederick, MD 21702
- $359,900 Last Sold Price2 beds2 baths1,358 sq ft5677 Barberry Ct, Frederick, MD 21703(301) 882-8710List Price$349,900Sale to List3% over listDays on Market17 days5677 Barberry Ct, Frederick, MD 21703
- $690,000 Last Sold Price4 beds3.5 baths3,676 sq ft100 Missouri Ct, Frederick, MD 21702(301) 698-1958List Price$679,900Sale to List1% over listDays on Market59 days100 Missouri Ct, Frederick, MD 21702
- $900,000 Last Sold Price5 beds3.5 baths3,120 sq ft9402 Kinnerton Pl, Frederick, MD 21704(877) 366-2213List Price$850,000Sale to List6% over listDays on Market20 days9402 Kinnerton Pl, Frederick, MD 21704
- $475,000 Last Sold Price4 beds2 baths2,047 sq ft9 W South St, Frederick, MD 21701(301) 695-3020List Price$475,000Sale to List0% over listDays on Market37 days9 W South St, Frederick, MD 21701
See all recently sold homes in Frederick.
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Schools in Frederick
- Elementary
- Middle
- High
GreatSchools Rating
8/10 Whittier Elementary School Public • PreK-5 | 686 Students | 14 reviews |
7/10 Orchard Grove Elementary School Public • PreK-5 | 603 Students | 15 reviews |
7/10 Parkway Elementary School Public • K-5 | 223 Students | 2 reviews |
7/10 Yellow Springs Elementary School Public • K-5 | 498 Students | 8 reviews |
7/10 Spring Ridge Elementary School Public • PreK-5 | 437 Students | 8 reviews |
Climate's impact on Frederick housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Frederick.
Flood Factor - Severe
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Moderate
Wind Factor
Wind likelihood over time
Heat Factor - Major
Heat Factor
Transportation in Frederick
Walk Score®
Bike Score®
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