Frederick County's January First-Time Homebuyer Report

The population of Frederick County ranks as the eighth-largest in Maryland with 233,385 people. It also ranks as the sixth-fastest growing county at a 10-year growth rate of 19.5%. Frederick, Ballenger Creek, and Mount Airy are the three largest cities in terms of population. The Frederick County market is mostly made up of detached houses, which currently account for 70% of the homes for sale in the area. The top school in the county is Urbana Middle School.

Culture

According to Foursquare, Cunningham Falls State Park and Baker Park are the most popular outdoor attractions in Frederick County. If you like arts and entertainment, some popular spots are Regal Cinemas Westview 16 & IMAX and Weinberg Center for the Arts. Lastly, Volt, Cafe Nola, and Family Meal are well-known places to eat.

Price Range

The median value of homes in Frederick County is $232,400, making the area almost identical to others in Maryland. At the same time, the average list price of available homes is presently $348,702.

Make sure you take a look at these eye-catching homes in Frederick County that generated the most views from potential buyers:

$234K   $459K   $165K  

Typical Dwelling

A four-bedroom detached home valued around $413,976 is considered a typical dwelling in Frederick County. If a buyer was looking for a similar home, they would need good credit and a $82,795 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,288 and the property tax rate is $10.39 per $1,000 of taxable assessed value.

Get started right now by checking out Frederick County homes for sale or reviewing Frederick County real estate trends.


Data reported through 1/5/2017

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