Frederick, Maryland.
Typical home $456,642 (-1.1% in a year), asking rent $2,155 (+2.6%). Washington-Arlington-Alexandria, DC-VA-MD-WV metro.
to buy the typical home at today's mortgage rate — +$1,215 (+103%) since Jan 2020.
- 1 year
- Down $4,985 -1%
- $461,626$456,642 since Sep 2025
- 5 years
- Up $66,581 +17%
- $390,061$456,642 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Frederick$2,397
- Maryland$2,230
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 22 years.
Typical home values in Frederick, MD fell 1.1% over the past year — slower than the nation's +1.2%.
Asking rents in Frederick, MD rose 2.6% over the past year — in step with the nation.
Owning the typical home in Frederick runs $1,107/mo more than renting one. The gap peaked at $1,275 in May 2024.
That is $3,261 a month against $2,155 rent: a $2,397 mortgage payment, plus $375 property tax and $489 insurance & upkeep.
Owning vs renting — Frederick
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$3,261
- Renting$2,155
- Mortgage only$2,397
Property tax · $375/mo 0.99% of value a year — the ACS 2020-2024 median bill over the median home value for Frederick County, MD
Insurance & upkeep · $489/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Frederick, Frederick County, Maryland
Frederick is a city of 78,171 people in Frederick County. Half its households earn more than $97,069 a year and half less, against $122,002 across Frederick County; 9% of its people live below the poverty line. 59% of its homes are lived in by their owners and 41% are rented. Unemployment in Frederick was 3.5% in August 2026, and Frederick County had 1.4% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Frederick is a city with a younger-than-typical population for a place of its size, and a good share of adults hold a four-year degree. Household incomes sit below those of Frederick County as a whole, and homes here are somewhat more often rented than across the county. Winters are cold, with January the coldest month, and summers turn properly hot by July, with rain and melted snow spread through the year.
Work. Many residents work in schools, hospitals and social care, followed by professional and business services, shops and the building trades. Among the largest workplaces in Frederick are Frederick County Public Schools, Frederick Memorial Hospital and Frederick Community College. Across the county, the number of jobs slipped slightly last year, while unemployment in town is lower than it was a year earlier. A fair number of residents work from home, and the typical commute is a moderate one.
Things to do. In or beside town, Carroll Creek runs through the city, and the Weinberg Center for the Arts is a theatre for performances close to home. A short drive away, Monocacy National Battlefield is a historic site, and Gambrill State Park is a protected area of woods and ridgeline. For a longer outing, Washington Monument State Park is another protected area, a longer drive away.
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- 33,584households
- 43%of adults have a degree
- 9%below the poverty line
- 30 mintypical commute
- 18%work from home
What residents work in
Employed residents by industry, from the Census survey. Frederick County had 106,962 jobs in 2025, 1.4% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 43° and lows near 26°; warmest in July, with highs near 89° and lows near 68°. About 44 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Frederick Police Brks weather station, 2 miles away (NOAA).
Largest workplaces in Frederick
- Frederick County Public SchoolsSchool district7,031FTE
- Frederick Memorial HospitalGeneral hospital2,071FTE
- Frederick National Laboratory for Cancer Research - Ft. DetrickLife sciences research and development laboratories or services1,273
- Frederick Community CollegeTwo-year college1,069
- AstraZeneca Frederick Manufacturing CenterCulture media manufacturing772
- FRE - Aldi INC Maryland621
- STULZ Air Technology Systems, Inc. FREDERICKAir-conditioning and warm air heating combination units manufacturing477
- Wegmans Food MarketsRetail supermarkets414
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 58 workplaces with 20 or more staff, 10,826 people in all. School districts come from the Common Core of Data (NCES, 2023–24), hospitals from their Medicare cost reports (CMS, 2023) and colleges from IPEDS (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Winter weatherRelatively high
- Strong windRelatively moderate
- LightningRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Frederick’s census tracts, against the rest of the country; all of them together, very low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Frederick County and the Washington-Arlington-Alexandria, DC-VA-MD-WV metro.
Frederick home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Frederick$456,642
- Maryland$424,890
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Frederick listings, and the typical home goes pending in 24 days — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Frederick32.96%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Frederick24
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Frederick550
New listings per month
Sellers arriving at the market.
- Frederick194
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Frederick$444,847
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Frederick99.91%
Zip codes with a Frederick address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Frederick — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Frederick
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 21702 | Frederick | 49,605 | $1,958 | $451,936 |
| 21701 | Frederick | 43,048 | $2,158 | $443,257 |
| 21703 | Frederick | 41,960 | $2,296 | $410,271 |
| 21704 | Frederick | 20,006 | $2,994 | $644,613 |