Frederick County, Maryland Housing Market
In Frederick County, Maryland, the median home value is $464,600, with a median monthly rent of $1,774. This places Frederick County at #169 nationally out of 3134 counties by median home value, and #4 within Maryland.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,308
- Establishments: 7,265
- BLS QCEW, 2025
Housing Supply
- Single-family: 814
- Multi-family: 354
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 119,506 (avg $106,751)
- Outflow: 113,483 (avg $106,950)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Frederick County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 21758 | 266.5 | +19.46% | 2025 |
| 2 | 21710 | 243.8 | -9.22% | 2025 |
| 3 | 20842 | 253.9 | — | 2025 |
| 4 | 21704 | 252.4 | +2.61% | 2025 |
| 5 | 21774 | 315.1 | +6.81% | 2025 |
| 6 | 21777 | 260.9 | +0.79% | 2025 |
| 7 | 21727 | 239.3 | +0.25% | 2025 |
| 8 | 21716 | 301.1 | +1.34% | 2025 |
| 9 | 21755 | 248.2 | -3.54% | 2025 |
| 10 | 21773 | 246.6 | +2.43% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
💰 Ready to Finance a Purchase?
See the 2026 FHA and conforming loan limits for Frederick County, plus monthly payment estimates at today's mortgage rates.
View Mortgage Guide for Frederick County →How Frederick County Compares
| Metric | Frederick County | Maryland Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $464,600 | $370,016 | $227,706 |
| Median Gross Rent | $1,774 | $1,459 | $968 |
| Owner Occupancy Rate | 77.0% | 72.7% | 73.3% |
| Price/Rent Ratio | 21.8 | 21.1 | 18.7 |
Market Analysis
The median home value in Frederick County is 25.6% above the Maryland state average and 104.0% above the U.S. national average. The median rent of $1,774/month is 21.6% above the state average.
With a price-to-rent ratio of 21.8, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Frederick County has an owner-occupancy rate of 77.0%, compared to 72.7% in Maryland and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Lake County | Colorado | $466,100 | $1,397 |
| Miami-Dade County | Florida | $463,000 | $1,829 |
| Middlesex County | New Jersey | $462,900 | $1,871 |
| Queen Anne's County | Maryland | $462,700 | $1,619 |
| Crook County | Oregon | $467,000 | $1,283 |
Other Counties in Maryland
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Queen Anne's County | $462,700 | $1,619 | 82.9% |
| Anne Arundel County | $467,900 | $2,071 | 75.1% |
| Calvert County | $460,200 | $1,759 | 87.2% |
| Carroll County | $434,000 | $1,427 | 84.3% |
| Charles County | $428,500 | $1,920 | 82.1% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).