Why Live in Frederick
Frederick's historic downtown buzzes with activity along Carroll Creek Linear Park, where water features and public art create an inviting atmosphere for walking and dining. The city's rich Civil War heritage comes alive at the National Museum of Civil War Medicine and Monocacy National Battlefield. Cultural attractions include the beautifully restored Weinberg Center for the Arts and the Delaplaine Arts Center, which hosts regular art exhibitions and workshops. Outdoor recreation spans from Baker Park's expansive green spaces to hiking trails at nearby Catoctin Mountain Park and Gambrill State Park.
The Frederick housing market includes diverse options across distinct neighborhoods. The median sale price for homes in Frederick is $450,000. Single family homes in the Baker Park neighborhood command a median price of $989,000, while Spring Ridge homes have a median price of $720,000. Townhouses are prevalent in Wormans Mill with a median price of $435,000. Condominiums provide more affordable options, with one bedroom units at a median price of $227,000 and two bedrooms at $275,000.
Living costs in Frederick run 30.1% above the national average. A family with school age children needs approximately $137,000 annually to live comfortably, while renters should aim for $78,000. The effective property tax rate is 1.02%, with a combined state and local income tax rate of 7.71%. Frederick's location 45 miles from both Washington D.C. and Baltimore provides access to major employment centers via I 70 and I 270, with MARC train service to D.C. Top rated schools include Oakdale High School and St. John Regional Catholic School, while Hood College adds higher education opportunities to the community.
Home Trends in Frederick, MD
On average, homes in Frederick, MD sell after 30 days on the market compared to the national average of 70 days. The median sale price for homes in Frederick, MD over the last 12 months is $510,000, down 1% from the median home sale price over the previous 12 months.
Median Sale Price
$510,000
Median Single Family Sale Price
$750,000
Median Townhouse Sale Price
$464,316
Median 2 Bedroom Sale Price
$320,000
Median 1 Bedroom Sale Price
$401,037
Average Price Per Sq Ft
$227
Number of Homes for Sale
83
Last 12 months Home Sales
742
Median List Price
$502,316
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-1%