The story of this market
The typical home in ZIP 21703 sells for about $441,832, or $215 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 32 days to sell. HUD's fair market rent for a two-bedroom is $1,991 a month.
ZIP 21703 — Frederick
The 21703 housing market remains stable with steady demand driven by its proximity to the I-270 biotech corridor. While inventory remains tight, price growth has moderated compared to the rapid appreciation seen in previous years. Buyers are active, though they are increasingly sensitive to interest rate fluctuations and affordability constraints.
This ZIP is ideal for families and commuters seeking a balance between suburban space and access to the employment hubs of the I-270 corridor.
Median prices moved up 3.2% year over year.
Homes spend a median of 32 days on market with 3.8 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 99.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.0% · poverty 8.6% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 21703, Frederick County MD
Crime rates in the Frederick area are generally lower than the national average, with property crime being the most frequently reported incident type.
The area is served by Frederick County Public Schools, which generally maintains a reputation for solid academic performance and diverse extracurricular offerings.
The region faces moderate risks from severe thunderstorms and occasional flooding in low-lying areas near the Monocacy River, with standard insurance coverage typically sufficient.
The area benefits from proximity to the I-270 technology corridor and ongoing expansion of biotech and professional services firms in Frederick.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Maryland) — Maryland Real Property Assessment and Taxation: Property is assessed at its phased-in use value. The tax is calculated by multiplying the assessed value by the applicable state and local tax rates.
Residents typically face a 30-45 minute commute to the Washington D.C. or Baltimore metro areas via I-270 or I-70, with limited public transit options.
The area features access to local parks, the Monocacy National Battlefield, and proximity to downtown Frederick's historic shopping and dining district.
The rental market is competitive with low vacancy rates, supported by a steady influx of professionals working in the regional biotech and government sectors.
The economy is anchored by the biotech, healthcare, and government contracting sectors, with major employers including Fort Detrick and various research institutions.
The area is served by major highway corridors I-70 and I-270, with limited regional bus transit provided by TransIT Services of Frederick County.
Development is focused on mixed-use residential projects along the Route 85 corridor and infill projects near the city center.
The Frederick County Department of Assessments and Taxation conducts triennial assessments for all real property.
Parcels may be subject to municipal taxes for the City of Frederick and various special utility or community development districts.
Property insurance premiums are stable, though homeowners in flood-prone areas near the Monocacy River may require supplemental flood insurance.
Maryland continues to see moderate net domestic migration, with Frederick County being a primary destination for families moving from the D.C. suburbs.
Maryland is a judicial foreclosure state, requiring court oversight for the foreclosure process.
Maryland law requires sellers to provide a residential property disclosure statement covering the condition of the home's major systems.
Data retrieved from data.census.gov ZCTA-level tables.
- Adventure Park USA4.19.7 mi
- Urban Air Trampoline and Adventure Park4.31.7 mi
- Fourth Dimension Fun Center4.22.2 mi
- Harpers Ferry Waterpark4.617.9 mi
- Altitude Trampoline Park - Leesburg, VA3.919.9 mi
- Butler's Orchard4.616.4 mi
- Topgolf Germantown4.316.8 mi
- Maryland SportsPlex4.617.1 mi
- Adventure Park USA4.19.7 mi
- Frederick Fairgrounds - Home of The Great Frederick Fair4.44.3 mi
- Warehouse Cinemas Frederick4.83.4 mi
- Adventure Park USA4.19.7 mi
- Regal Westview4.12.5 mi
- Utica Park4.710.4 mi
- Urban Air Trampoline and Adventure Park4.31.7 mi
- Antietam National Battlefield4.916.2 mi
- Adventure Park USA4.19.7 mi
- Crystal Grottoes Caverns4.514.5 mi
- Morven Park Grounds4.817.9 mi
- John Brown's Fort4.714.9 mi
- Adventure Park USA4.19.7 mi
- Utica Park4.710.4 mi
- Ballenger Creek Park4.70.8 mi
- Gambrill State Park4.76.7 mi
- Carroll Creek Park4.83.8 mi
- Harpers Ferry Campground3.916.3 mi
- Touch Of Grace Auto Detailing54.4 mi
- Whiskey Creek Golf Club4.68.5 mi
- PB Dye Golf Club4.48.5 mi
- Little Bennett Golf Course4.510.8 mi
- Worthington Manor Golf Club4.65.4 mi
- Musket Ridge Golf Club4.69.4 mi
- Francis Scott Key Mall42.9 mi
- Macy's4.13 mi
- Kohl's4.33 mi
- Boscov's4.43.3 mi
- T.J. Maxx4.33.2 mi
- Dulles International Airport4.129.1 mi
- Hagerstown Regional Airport (HGR/KHGR)4.427.2 mi
- Capital One Lounge at IAD4.329 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Historic site with extensive trails and open space.
Central city park featuring a lake, band shell, and recreational facilities.
Major regional retail anchor for the Frederick area.
Deterministic aggregate of 1 researched property in this ZIP (latest reading each) — each property weighs one; per point, properties lacking the value are excluded. Property-level records (taxes, scores, permits) never roll individually.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.