$3,028 Closing Credit*
$255,000
990 SqFt
2 Beds
•1 Full Bath, 1 Partial
Larry A. DeMarco, Listing Office: Century 21 Modern Realty Results
Is Frederick County, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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, VA
How much do homes in Frederick County, VA cost?
Median Sold Price
$415,709
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,476(+5.2%)
Key Takeaway
Homes in Frederick County have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in Frederick County was $415,709 in October 2024, up 5.2% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $179K | $176K | -1.7% |
| 2 Bedrooms | $238K | $255K | +7.1% |
| 3 Bedrooms | $353.3K | $375K | +6.1% |
| 4 Bedrooms | $460.6K | $519.9K | +12.9% |
| 5+ Bedrooms | $590K | $565K | -4.2% |
Summary: Frederick County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.7%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes decreased by 4.2%.
Median Sold Price Compared To Nearby Counties
| Hampshire County | $223.2K | $253.5K | +13.6% |
| Shenandoah County | $304.8K | $329.9K | +8.2% |
| Warren County | $360K | $384.7K | +6.9% |
| Frederick County | $395.2K | $415.7K | +5.2% |
| Clarke County | $550K | $490K | -10.9% |
Housing Supply in Frederick County, VA
How many homes are available in Frederick County, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 445 | 460 | +3.4% |
Summary: The Frederick County real estate market had 460 homes for sale in October 2024, a 3.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 49 | 49 | 0.0% |
| 3 Bedrooms | 233 | 216 | -7.3% |
| 4 Bedrooms | 128 | 150 | +17.2% |
| 5+ Bedrooms | 33 | 44 | +33.3% |
Summary: The Frederick County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 7.3%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 111 | 99 | -10.8% |
Asking Price vs. Sold Price
39 Homes Were Sold
Under Asking
27 Homes Were Sold
At Asking
33 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Frederick County, you may be able to get a good deal. 39.4% of homes here sold below asking price last month.
Summary: A total of 99 homes were sold or pending in Frederick County in October 2024, down by 10.8% month-over-month. Of the 99 sold homes, 39% were sold under asking, 27% were sold at asking, and 33% were sold over asking.
Days on Market for Frederick County, VA
How long does it take to sell a home in Frederick County, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 32 Days | 35 Days | +7.4% |
Summary: Homes in Frederick County had an average of 35 days on market in Oct 2024, up by 7.4% compared to last year.
Breakdown of Home Sale Times
63 Homes Were Sold
Under 30 Days
25 Homes Were Sold
In 30 - 90 Days
11 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 October 2024, 99 homes were sold in Frederick County; 64% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
