Frederick, MD

Population: 66,169
Average annual home appreciation rate: 5.16%
Total of homes for sale in this market:
Median home price: $273,181
Median Rent: $1,025 per room
Home price range: 34.13% of homes are between $201,001 – $302,000
Median sales price:
Number of homes:
Median foreclosure sales price:
Foreclosure discount:
Most common home type: 34.51% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 7.10%
Number of renters: 41.23%
Number of owner occupied: 58.77%
Number people living below poverty level: 9.33%
Unemployment rate: 6.90%
Is this area perfect for real estate deals going on right now? With home prices where they are, the growing appreciation, and the high rental rates in the Frederick area market, this could mean great opportunity for the savvy buy and hold investor.

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