The housing market in 21702 Frederick, MD is slightly lower than the national median value of $338,100. The median value for houses in 21702 Frederick, MD is $380,000. House prices have appreciated by 7.84% over the past year, which is just slightly lower than the US average of 8.27%. This indicates that the housing market in this location has been relatively stable and resilient despite volatile economic conditions.
The median home cost in Frederick (zip 21702) is $380,000. Home appreciation the last 10 years has been 62.2%. Home Appreciation in Frederick (zip 21702) is up 11.5%.
Average Age of Homes
- The median age of Frederick (zip 21702) real estate is 31 years old
The Rental Market in Frederick (zip 21702)
- Renters make up 36.7% of the Frederick (zip 21702) population
- 1.0% of houses and apartments in Frederick (zip 21702), 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.