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Frostburg, MD

Full City Profile · Maryland · Allegany County County

3.3 /5.0
B Good
7,025 Population 2,103/sq mi density
$51,052 Median Income $26,978 per capita
$172,600 Home Value $173,166 Zillow
$865 Median Rent 29.5% income on rent
49°F Avg Temperature 293 sunny days/yr
165 Violent Crime/100K 1,798 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$51,052 median income, 3.3% unemployment
A+
Affordability
4.8 / 5.0
$172,600 home value, $865/mo rent
F
Safety
1.0 / 5.0
165 violent crimes/100K
A
Education
4.3 / 5.0
41.3% bachelor's degree or higher

Housing Overview

Median Home Value
$172,600
39% below
US avg: $281,900
Median Rent
$865/mo
26% below
US avg: $1,163/mo
Homeownership Rate
50.4%
23% below US avg (65.4%)
Total Housing Units
3,024
Median year built: 1962

Home Value by Source

Census Median
$172,600
Zillow (ZHVI)
$173,166
Median Sale Price
$190,000
Median List Price
$146,999
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

50.4%
Owner-Occupied
49.6%
Renter-Occupied
50%
50%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,312/mo
1 Bedroom
$1,400/mo
2 Bedroom
$1,648/mo
3 Bedroom
$2,123/mo
4 Bedroom
$2,442/mo
Census median rent: $865/mo

Market Indicators (Redfin)

Median Days on Market
119 days
Sale-to-List Ratio
0.8%
Buyers market
Homes Sold
2
Price Drops
4.2%
of listings with price reduction
Price Per Sq Ft
$88
Active Inventory
24
homes for sale

Affordability & Housing Stock

Rent Burden
29.5%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
1962
Average age of housing stock: 64 years
Homeownership Rate
50.4%

Complete Housing Data

Home Values

Census Median Value$172,600
Zillow Home Value (ZHVI)$173,166
Median Sale Price$190,000
Median List Price$146,999
Price Per Sq Ft$88

Rent

Census Median Rent$865
FMR Studio$1,312
FMR 1-Bedroom$1,400
FMR 2-Bedroom$1,648
FMR 3-Bedroom$2,123
FMR 4-Bedroom$2,442

Market

Days on Market119
Sale-to-List Ratio0.8%
Price Drops4.2%
Homes Sold2
Active Inventory24
Price Per Sq Ft$88

Ownership & Stock

Owner-Occupied50.4%
Renter-Occupied49.6%
Homeownership Rate50.4%
Total Housing Units3,024
Median Year Built1962
Rent Burden29.5%