Zip 21532 (Frostburg, MD) Housing


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The housing market in 21532 Frostburg, MD has been booming in recent years, with the median value of homes reaching $147,400. This is significantly lower than the US median value of $338,100, but the prices have appreciated at a much faster rate. In the last year alone, prices have risen by 17.95%, more than double the US's 1 year appreciation rate of 8.27%. It's an exciting time to purchase a home in Frostburg as values are still relatively low and appreciation is strong.

The median home cost in Frostburg (zip 21532) is $147,400. Home appreciation the last 10 years has been 29.3%. Home Appreciation in Frostburg (zip 21532) is up 11.6%.

Average Age of Homes
- The median age of Frostburg (zip 21532) real estate is 50 years old
The Rental Market in Frostburg (zip 21532)
- Renters make up 34.2% of the Frostburg (zip 21532) population
- 4.6% of houses and apartments in Frostburg (zip 21532), are available to rent

DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingFrostburg, MarylandUnited States
  5,930.0139,647,020.0
  5742
  $147,400$338,100
  11.6%16.6%
  33.2%57.0%
  29.3%101.1%
  $11.13$10.98
  $1,600$2,690
  52.5%57.4%
  17.9%11.2%
  29.5%31.4%
  Vacant Housing
  4.6%1.9%
  1.6%0.4%
  0.7%0.7%
  0.4%0.4%
  3.5%3.6%
  7.1%4.1%
  Value of Owner-Occupied Housing
  3.8%2.6%
  1.8%2.4%
  6.7%2.8%
  9.7%3.9%
  13.7%4.5%
  16.7%11.3%
  16.2%13.0%
  17.8%20.1%
  7.3%13.6%
  2.9%8.3%
  1.7%9.7%
  1.4%3.9%
  0.4%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  7.0%13.6%
  7.0%13.6%
  8.9%13.6%
  9.6%13.2%
  15.7%14.8%
  8.9%13.6%
  8.2%10.0%
  5.8%4.7%
  29.9%12.2%
Commute