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Advertise here →Frostburg, MD · Market Data
Frostburg, Maryland real estate market data.
Real estate market data for Frostburg, MD (Allegany County) — Census median home value $172,600, county listing prices up about 24.0% over the past year.
Frostburg, MD is in Allegany County, Maryland — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 7,025, with a median household income of $51,052. Census data puts Frostburg's median home value at $172,600 (all owner-occupied homes); Allegany County's current median listing price runs $194,925, up about 24.0% over the past year.
At a glance
Frostburg market snapshot
Population
7,025
Median Household Income
$51,052
Median Home Value (city)
$172,600
Median Listing Price (Allegany County)
$194,925
Median Gross Rent
$865/mo
Price Trend (YoY)
+24.0%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Frostburg different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Frostburg's median home value — across all owner-occupied homes, not just recent sales — at $172,600. Separately, Allegany County's current median listing price (via Realtor.com data, 2026-06-01) runs $194,925. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Allegany County's FHFA house price index shows a 3.31% annual change in 2025.
Population & Income
Frostburg has an estimated population of 7,025 and a median household income of $51,052, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Frostburg's Census-reported median home value works out to about 3.4x the area's median household income, and median gross rent runs roughly 20% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Frostburg FAQ
What are home values like in Frostburg, MD?
The Census Bureau's American Community Survey puts Frostburg's median home value at $172,600. Allegany County's current median listing price runs $194,925, up about 24.0% over the past year.
What is the population of Frostburg, MD?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Frostburg's population at approximately 7,025.
What's the median rent in Frostburg, MD?
The Census ACS estimates median gross rent in Frostburg at approximately $865 per month.
What is the median household income in Frostburg, MD?
Census ACS data puts the median household income in Frostburg at approximately $51,052.
Is the Frostburg housing market growing?
Allegany County's FHFA house price index shows a 3.31% annual change in 2025.
Is Frostburg, MD affordable relative to income?
Census ACS data puts Frostburg's median home value at about 3.4 times the median household income, with median gross rent equal to roughly 20% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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