Market Intelligence · MD / Frederick

Frederick, MD 21704 Housing Market

The typical home value in Frederick, MD 21704 is $656,191, down 0.1% over the past year. The median list price stands at $630,000, with homes spending a median of 30 days on market.

Updated August 2026Median value$649K

The median home value in Frederick, MD 21704 is $649K as of August 2026, down 0.2% 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 21704 range

$597K to $701K

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

-0.2% over 12 months

Typical home value in 21704 over the last 12 months: $650K in Aug 2025 to $649K in Aug 2026 (-0.2%).

Aug 2025$650K

Aug 2026$649K

The numbers

What is the 21704 housing market like?

Typical home value

$649K

Down0.2%YoY

Median list price

$630K

Up2.4%MoM

Days on market

30

Up3.4%MoM

Homes for sale

61

Up13.0%MoM

Price cuts

22.2%

Down5.0%MoM

New listings

20

Down37.5%MoM

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

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The comparison

How do 21704 home prices compare?

  • 21704$648,649
  • 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

There are 61 homes for sale in this ZIP as of August 2026, with 20 new listings recently added. The median time on market of 30 days suggests moderate buyer interest. However, 22.2% of listings have seen price cuts, indicating some sellers adjusting expectations. The small year-over-year decline in typical home value reflects a market that has stabilized at lower levels. If you're considering selling, current conditions favor realistic pricing and well-maintained properties.

Monthly payment

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20% · $129,730

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