Frederick, MD Housing Market
The Frederick housing market is very competitive. Homes in Frederick receive 4 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 $225, up 2.7% 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 139 homes sold in March this year, down from 163 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
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 22 days.
- Hot homescan sell for about 3% above list price and go pending in around 4 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 9 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 6 days.
- Hot homescan sell for about 4% 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 15 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 Atlanta and Hartford.
- 81% 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 | Jan '24 - Mar '24 | ||
1 | 3,185 | ||
2 | 1,376 | ||
3 | 525 | ||
4 | 384 | ||
5 | 26 | ||
6 | 13 | ||
7 | 11 | ||
8 | 10 | ||
9 | 5 | ||
10 | 5 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 4,584 | ||
2 | 2,396 | ||
3 | 2,070 | ||
4 | 1,555 | ||
5 | 1,496 | ||
6 | 1,356 | ||
7 | 1,298 | ||
8 | 1,266 | ||
9 | 982 | ||
10 | 808 |
Home offer insights for Frederick
Recent offers
- Offer Not Accepted|12 Weeks Ago~$450K OfferSold for $450K3 bd | 2.5 ba | ~2,000 sqftOver List Price1%Days on Market6Competing Offers2Down Payment~20%
- Offer Not Accepted|5 Weeks Ago~$325K OfferSold for $350K3 bd | 2 ba | ~1,500 sqftOver List Price1%Days on Market4Competing Offers10Down Payment—
- Offer Not Accepted|6 Weeks Ago~$325K OfferSold for $325K3 bd | 2 ba | ~1,750 sqftOver List Price0%Days on Market5Competing Offers4Down Payment—
- Offer Not Accepted|10 Weeks Ago~$225K OfferSold for $250K2 bd | 2 ba | ~1,000 sqftUnder List Price9%Days on Market14Competing Offers2Down Payment—
View houses in Frederick that sold recently
Recently sold homes
- $320,000 Last Sold Price2 beds2.5 baths1,990 sq ft2655 S Everly Dr Unit 7-10, Frederick, MD 21701(301) 698-5005List Price$320,000Sale to List0% over listDays on Market24 days2655 S Everly Dr Unit 7-10, Frederick, MD 21701
- $815,000 Last Sold Price4 beds3.5 baths4,480 sq ft2830 Mill Island Pkwy, Frederick, MD 21701(443) 708-7074List Price$824,900Sale to List1% under listDays on Market83 days2830 Mill Island Pkwy, Frederick, MD 21701
- $366,500 Last Sold Price3 beds2.5 baths1,716 sq ft5039 Saint Simon Ter, Frederick, MD 21703(855) 450-0442List Price$349,000Sale to List5% over listDays on Market27 days5039 Saint Simon Ter, Frederick, MD 21703
- $320,000 Last Sold Price3 beds1 bath840 sq ft421 Lee Pl, Frederick, MD 21702(410) 823-0033List Price$300,000Sale to List7% over listDays on Market41 days421 Lee Pl, Frederick, MD 21702
- $290,000 Last Sold Price3 beds2.5 baths—sq ft41 N Pendleton Ct Unit 14E, Frederick, MD 21703(301) 694-6900List Price$280,000Sale to List4% over listDays on Market47 days41 N Pendleton Ct Unit 14E, Frederick, MD 21703
- $539,000 Last Sold Price4 beds3.5 baths2,937 sq ft2413 Rippling Brook Rd, Frederick, MD 21701List Price$539,000Sale to List0% over listDays on Market68 days2413 Rippling Brook Rd, Frederick, MD 21701
- $265,000 Last Sold Price2 beds2 baths—sq ft2500 Driftwood Ct Unit 3A, Frederick, MD 21702(301) 469-4700List Price$269,900Sale to List2% under listDays on Market33 days2500 Driftwood Ct Unit 3A, Frederick, MD 21702
- $415,000 Last Sold Price3 beds3 baths1,714 sq ft9453 Birchwood Ln, Frederick, MD 21701(410) 549-3500List Price$409,900Sale to List1% over listDays on Market39 days9453 Birchwood Ln, 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 | 690 Students | 14 reviews |
7/10 Parkway Elementary School Public • K-5 | 220 Students | 2 reviews |
7/10 Orchard Grove Elementary School Public • PreK-5 | 602 Students | 15 reviews |
7/10 Walkersville Elementary School Public • PreK-5 | 691 Students | 3 reviews |
7/10 Yellow Springs Elementary School Public • K-5 | 455 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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