Frederick, CO Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Frederick, CO Housing Market Trends

With 13,960 people, 4,109 houses or apartments, and a median cost of homes of $449,833, real estate costs in Frederick are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Colorado communities.

Single-family detached homes are the single most common housing type in Frederick, accounting for 97.07% of the town's housing units. Other types of housing that are prevalent in Frederick include mobile homes or trailers ( 1.58%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Frederick. Owner-occupied housing accounts for 93.43% of Frederick's homes, and 75.42% have either three or four bedrooms, which is average sized relative to America.

Frederick homes and real estate are some of the newest in America. 75.64% of Frederick's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Frederick real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 18.12%), and before 1939 ( 4.01%). There's also some housing in Frederick built between 1940-1969 ( 2.23%).

Frederick Home Appreciation Rates

In the last 10 years, Frederick has experienced some of the highest home appreciation rates of any community in the nation. Frederick real estate appreciated 106.86% over the last ten years, which is an average annual home appreciation rate of 7.54%, putting Frederick in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Frederick definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Frederick appreciation rates have trailed the rest of the nation. In the last twelve months, Frederick's appreciation rate has been 7.14%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Frederick were at 2.20%, which equates to an annual appreciation rate of 9.11%.

Relative to Colorado, our data show that Frederick's latest annual appreciation rate is lower than 80% of the other cities and towns in Colorado.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Frederick differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Frederick - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Frederick real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$449,833

Frederick, CO HOME PRICES

> $1,252,000
1.2%
1.2%
$939,001 - $1,252,000
1.8%
1.8%
$626,001 - $939,000
10.9%
10.9%
$501,001 - $626,000
17.4%
17.4%
$376,001 - $501,000
35.5%
35.5%
$250,001 - $376,000
21.2%
21.2%
$125,001 - $250,000
6.9%
6.9%
$63,001 - $125,000
1.0%
1.0%
$0 - $63,000
4.1%
4.1%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

High for CO

Value Relative To Nation

Number Of Homes And Apartments:
4,109

Frederick Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CO*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
106.01% 3.42%
4
7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,889 / per month

Homeownership Rate

Owners
93.4%
93.4%
Renters
6.6%
6.6%
Vacant
1.4%
1.4%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
75.6%
75.6%
1970 - 1999
18.1%
18.1%
1940 - 1969
2.2%
2.2%
1939 or Older
4.0%
4.0%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
97.1%
97.1%
Townhomes
0.5%
0.5%
Small Apt. Buildings
0.3%
0.3%
Apt. Complexes
0.5%
0.5%
Mobile Homes
1.6%
1.6%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.1%
0.1%
1 Bedroom
0.1%
0.1%
2 Bedrooms
9.0%
9.0%
3 Bedrooms
45.7%
45.7%
4 Bedrooms
29.7%
29.7%
5 or more bedrooms
15.4%
15.4%
0.0% 100.0%
% OF HOMES