The Downtown Frederick housing market is very competitive. The median sale price of a home in Downtown Frederick was $748K last month, up 66.2% since last year. The median sale price per square foot in Downtown Frederick is $295, up 6.3% since last year.
What is the housing market like in Downtown Frederick today?
In March 2024, Downtown Frederick home prices were up 66.2% compared to last year, selling for a median price of $748K. On average, homes in Downtown Frederick sell after 43 days on the market compared to 17 days last year. There were 20 homes sold in March this year, up from 20 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$747,754
+66.2% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Downtown Frederick, MD
$747,754
+66.2%
United States
To compare other locations to the Downtown Frederick and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Frederick add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Downtown Frederick housing market?
Downtown Frederick is very competitive. Homes sell in 37 days.
0
100
71
Very Competitive
Redfin Compete Score™
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
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 37 days.
Hot homes
can sell for about 4% above list price and go pending in around 13 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
99.8%
-0.45 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Downtown Frederick, MD
99.8%
-0.45 pt
United States
Home offer insights for Downtown Frederick
Explore recent offers and recently sold homes in Downtown Frederick
Recent offers
View houses in Downtown Frederick that sold recently
Learn about schools in the Downtown Frederick area
Elementary
Middle
High
GreatSchools Rating
5/10
Lincoln Elementary School
Public • PreK-5
583
Students
5 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Downtown Frederick housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Frederick.
Risk Factor
Flood Factor - Severe
26% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Frederick has a severe risk of flooding. 369 properties in Downtown Frederick are likely to be
severely affected
by flooding over the next 30 years. This represents 26% of all properties in Downtown Frederick. Flood risk is increasing slower than the national average.
40% of properties are at risk of wildfire over the next 30 years
Fire Factor
Downtown Frederick has a minor risk of wildfire. There are 720 properties in Downtown Frederick that have some risk of being affected by wildfire over the next 30 years. This represents 40% of all properties in Downtown Frederick.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Downtown Frederick has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown Frederick is most at risk from hurricanes. 1,771 properties in Downtown Frederick have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 55 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 67 mph.
100% of properties are at major
risk of heat over the next 30 years
Heat Factor
Downtown Frederick has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Downtown Frederick have a Major Heat Factor®.
Downtown Frederick is expected to see a 128% increase in the number of days over 106ºF over the next 30 years. Downtown Frederick is expected to experience 7