Frederick, MD


Highest Appreciating Frederick Neighborhoods Since 2000

Frederick, MD Real Estate Data

Frederick Housing Market Information

With a population of 69,479, 26,157 total housing units (homes and apartments), and a median house value of $283,444, Frederick real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Frederick, accounting for 33.49% of the city's housing units. Other types of housing that are prevalent in Frederick include row houses and other attached homes ( 31.47%), large apartment complexes or high rise apartments ( 29.28%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.60%).

The most prevalent building size and type in Frederick are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 52.23% owning and 47.77% renting.

There is a lot of housing in Frederick built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Frederick built between 2000 and later ( 19.85%). A lesser amount of the housing stock also hails from between 1940-1969 ( 14.78%). There's also some housing in Frederick built before 1939 ( 13.87%).

Frederick Home Appreciation Rates

Homes have actually lost value in Frederick over the last then years, as home values have seen a decline of 21.33% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Frederick home appreciation rates at 1.43%, which equates to an annual appreciation rate of 5.85%.

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 4.30%, 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 1.43%, which equates to an annual appreciation rate of 5.85%.

Relative to Maryland, our data show that Frederick's latest annual appreciation rate is lower than 50% of the other cities and towns in Maryland.

One very important thing to keep in mind is that these are average appreciation rates for the city. 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:


Value Range
> $1,140,000 0.5
$855,001 - $1,140,000 0.6
$570,001 - $855,000 4.0
$456,001 - $570,000 5.4
$342,001 - $456,000 17.6
$228,001 - $342,000 37.8
$114,001 - $228,000 28.3
$57,001 - $114,000 3.4
$0 - $57,000 2.4

Average for MD
Very High for Nation

Value Relative to Nation Value Relative to State
18.5454119576038 54.7528517110266

Number Of Homes And Apartments:

Rent & Ownership


Average Market Rent:
$1,434 / per month

Homeownership Rate

Owners 52.23
Renters 47.77
Vacant 5.89

Housing Market Details


Age of Homes

AGE OF Frederick HOMES
2000 or Newer 19.8
1970 - 1999 51.5
1940 - 1969 14.8
1939 or Older 13.9

Types of Homes

Single-Family 33.5
Townhomes 31.5
Small Apt. Buildings 5.6
Apt. Complexes 29.3
Mobile Homes 0.1
Other 0.0

Home Size

No Bedroom 1.08
1 Bedroom 12.14
2 Bedrooms 28.11
3 Bedrooms 36.79
4 Bedrooms 18.25
5 or more bedrooms 3.64

Frederick Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
61.58% 2.86% 5 8
* 10 is highest