Market Intelligence · MD / Frederick

Frederick, MD 21703 Housing Market

A typical home in Frederick's 21703 ZIP is valued at $416,748, down 1.1% over the past year. The median list price stands at $425,000, with homes spending a median of 31 days on market.

Updated August 2026Median value$412K

The median home value in Frederick, MD 21703 is $412K as of August 2026, down 1.1% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 21703 range

$379K to $445K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-1.1% over 12 months

Typical home value in 21703 over the last 12 months: $417K in Aug 2025 to $412K in Aug 2026 (-1.1%).

Aug 2025$417K

Aug 2026$412K

The numbers

What is the 21703 housing market like?

Typical home value

$412K

Down1.1%YoY

Median list price

$425K

Down0.3%MoM

Days on market

31

Up3.3%MoM

Homes for sale

97

Down5.8%MoM

Price cuts

22.1%

Up29.7%MoM

New listings

36

Down50.0%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 21703 home prices compare?

  • 21703$412,051
  • Frederick$450,842
  • Maryland$448,067
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Frederick: 4 ZIPs; Maryland: 423 ZIPs; United States: 26,265 ZIPs).

Context

The 21703 area has 97 homes for sale as of August 2026, with 36 new listings entering the market. The median list price of $425,000 reflects steady demand, though homes are taking 31 days to sell on average. A notable concern for sellers is that 22.1% of listings have seen price cuts, signaling some softness in buyer appetite. The typical home value declined 1.1% year over year, suggesting this is a buyer's market where pricing strategy matters significantly.

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