Is Frederick County, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Frederick County has remained a Seller's Market.
Housing Prices in Frederick County, VA
How much do homes in Frederick County, VA cost?
Median Sold Price
$400,000
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Frederick County was $400,000 in April 2024, up 6% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $150K | $153K | +2.0% |
2 Bedrooms | $221K | $245K | +10.9% |
3 Bedrooms | $340.9K | $364.6K | +7.0% |
4 Bedrooms | $450K | $485.3K | +7.9% |
5+ Bedrooms | $550K | $565K | +2.7% |
Summary: Frederick County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2%, 2 bedroom homes increased by 10.9%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 2.7%.
Median Sold Price Compared To Nearby Counties
Hampshire County | $207K | $244.9K | +18.3% |
Warren County | $340.6K | $379.9K | +11.5% |
Shenandoah County | $291.5K | $315K | +8.1% |
Frederick County | $377.3K | $400K | +6.0% |
Clarke County | $529.9K | $503K | -5.1% |
Housing Supply in Frederick County, VA
How many homes are available in Frederick County, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
375 | 427 | +13.9% |
Summary: The Frederick County real estate market had 427 homes for sale in April 2024, a 13.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 49 | 50 | +2.0% |
3 Bedrooms | 170 | 199 | +17.1% |
4 Bedrooms | 115 | 131 | +13.9% |
5+ Bedrooms | 40 | 46 | +15.0% |
Summary: The Frederick County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 17.1%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes increased by 15%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
102 | 101 | -1.0% |
Asking Price vs. Sold Price
33 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
50 Homes Were Sold
Over Asking
Summary: A total of 101 homes were sold or pending in Frederick County in April 2024, down by 1.0% month-over-month. Of the 101 sold homes, 33% were sold under asking, 18% were sold at asking, and 50% were sold over asking.
Days on Market for Frederick County, VA
How long does it take to sell a home in Frederick County, VA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
34 Days | 32 Days | -5.7% |
Summary: Homes in Frederick County had an average of 32 days on market in Apr 2024, down by 5.7% compared to last year.
Breakdown of Home Sale Times
73 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During April 2024, 101 homes were sold in Frederick County; 72% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.