Living in Frederick, PA
Frederick, Pennsylvania, is a charming small town located in the heart of Montgomery County. The area offers a rich historical context paired with modern conveniences, making it an attractive place for families and professionals alike. With a variety of local shops, parks, and community events, Frederick promotes a vibrant lifestyle that embraces community spirit.
Current Market Conditions in Frederick, PA
The current real estate market in Frederick is experiencing moderate growth, with home values steadily increasing due to growing demand and a limited supply of properties. This trend is attributed to the area's appealing lifestyle, excellent schools, and access to major highways and public transport, making it a prime location for commuting to urban centers such as Philadelphia and Washington D.C.
Investors are showing interest in Frederick, as the rental market remains strong, driven by the influx of new residents seeking affordable housing relative to nearby metropolitan areas. The diverse housing mix ranges from charming historic homes to modern developments, catering to a wide array of preferences and budgets.
Home Value Estimator For Frederick, PA
There are currently 68 real estate properties
in Frederick, PA,
with a median automated valuation model (AVM) price
of $376,305.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Frederick, PA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Frederick, PA,
is $388,514.00, with the most expensive house
in Frederick, PA, topping out
at $769,388.00 and the cheapest home
in Frederick, PA,
clocking in at $155,161.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Frederick, PA!
Rent Prices
In Frederick, PA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Frederick, PA, is on
a rollercoaster ride. The
average rent price in Frederick, PA,
is $1,720.00. Indeed, when looking to rent in
Frederick, PA, you can expect to pay as little
as $1,370.00 or as much
as $2,180.00,
with the average rent median estimated to
be $1,690.00. The good news is that finding
an affordable and desirable property to rent in Frederick, PA
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
