$7,719 Closing Credit*
$650,000
2,462 SqFt
Stephen C Mackintosh, Listing Office: Mackintosh, Inc.
Is Frederick County, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Frederick County has remained a Seller's Market.
Key Takeaway
Frederick County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Frederick County, MD
How much do homes in Frederick County, MD cost?
Median Sold Price
$485,166
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$32,113(+7.1%)
Key Takeaway
Homes in Frederick County have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in Frederick County was $485,166 in November 2024, up 7.1% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $200K | $257.5K | +28.7% |
| 2 Bedrooms | $296.2K | $300K | +1.3% |
| 3 Bedrooms | $414.1K | $429.9K | +3.8% |
| 4 Bedrooms | $553.1K | $599.7K | +8.4% |
| 5+ Bedrooms | $731.1K | $750K | +2.6% |
Summary: Frederick County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28.7%, 2 bedroom homes increased by 1.3%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 2.6%.
Median Sold Price Compared To Nearby Counties
| Adams County | $285K | $309.9K | +8.7% |
| Frederick County | $453K | $485.1K | +7.1% |
| Howard County | $544.1K | $572.5K | +5.2% |
| Carroll County | $429.1K | $450.7K | +5.0% |
| Montgomery County | $580.9K | $606.9K | +4.5% |
Housing Supply in Frederick County, MD
How many homes are available in Frederick County, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 895 | 895 | 0.0% |
Summary: The Frederick County real estate market had 895 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 105 | 103 | -1.9% |
| 3 Bedrooms | 365 | 365 | 0.0% |
| 4 Bedrooms | 296 | 295 | -0.3% |
| 5+ Bedrooms | 125 | 128 | +2.4% |
Summary: The Frederick County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 1.9%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes increased by 2.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 250 | 237 | -5.2% |
Asking Price vs. Sold Price
75 Homes Were Sold
Under Asking
72 Homes Were Sold
At Asking
90 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Frederick County, you could pay more than the asking price. 38% of homes here sold above asking price last month.
Summary: A total of 237 homes were sold or pending in Frederick County in November 2024, down by 5.2% month-over-month. Of the 237 sold homes, 32% were sold under asking, 30% were sold at asking, and 38% were sold over asking.
Days on Market for Frederick County, MD
How long does it take to sell a home in Frederick County, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 22 Days | +28.9% |
Summary: Homes in Frederick County had an average of 22 days on market in Nov 2024, up by 28.9% compared to last year.
Breakdown of Home Sale Times
176 Homes Were Sold
Under 30 Days
51 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Frederick County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 237 homes were sold in Frederick County; 74% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
