MD · Metro #170

Hagerstown - MD housing market

The Hagerstown metro has a typical home value of $325,773, up 2.7% from a year ago. Homes are moving fast at 13 days on market, a strong seller's market. 26% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$325,773
+2.7% vs. year ago
Median sale price
$305,614
+2.9% YoY
Median list price
$344,633
Sale-to-list ratio
99.2%
Selling below ask
Days on market
13d
Listings w/ price cut
26.1%
New listings / mo
399
+0.3% YoY
Homes for sale
1,006
+8.5% YoY
Typical rent
$1,619/mo
+2.9% YoY
Rent vs buy
16.8x
Context

How to read this data

The typical home value ($325,773) is the Zillow Home Value Index for the Hagerstown - MD metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 2.7% over the past year. In Hagerstown - MD, that means a home worth $317,208 last year is now worth roughly $325,773.

The median sale price, what homes actually close for, is $305,614. Homes are selling at 99.2% of list price, meaning buyers have room to negotiate.

Homes listed in Hagerstown - MD sit on the market for roughly 13 days before going pending. Shorter = seller's market; longer = buyer's market.

About 26.1% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 399 new listings hit the market each month in Hagerstown - MD. There are currently 1,006 homes for sale, up 8.5% from a year ago.

The typical monthly rent in Hagerstown - MD is $1,619, up 2.9% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 16.8x, toss-up (#104 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.66% 30-year rate, runs about $1,675 a month in principal and interest, $56 more than renting before taxes, insurance and upkeep. The two break even at a 6.33% rate.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt September 2026. Methodology →

Related

Other metros in MD

MetroHome value1-yr changeDays on market
Baltimore - MD$405,069 +0.7% 11.0d
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