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
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 Market | 119 |
| Sale-to-List Ratio | 0.8% |
| Price Drops | 4.2% |
| Homes Sold | 2 |
| Active Inventory | 24 |
| Price Per Sq Ft | $88 |
Ownership & Stock
| Owner-Occupied | 50.4% |
| Renter-Occupied | 49.6% |
| Homeownership Rate | 50.4% |
| Total Housing Units | 3,024 |
| Median Year Built | 1962 |
| Rent Burden | 29.5% |
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