Hagerstown - MD housing market
The Hagerstown metro has a typical home value of $322,655, up 2.3% from a year ago. Homes sell in 20 days on average, a balanced market. 29% of listings have had a price cut. Data from Zillow Research, updated monthly.
Hagerstown housing market, October 2026
The typical Hagerstown home is worth $322,655 as of September 2026, up 0.1% from the prior month, up 0.4% over three months, and up 2.3% from a year ago. Over the past two years values have ranged from $307,055 to $322,655.
Homes are going pending in about 20 days, slower than the 11 days seen three months earlier. There are roughly 1,059 homes for sale, 2% more than a year ago. 29.0% of listings have taken a price cut (up from 24.8% three months ago).
Typical rent is $1,614 a month, up 3.1% year over year, which puts the price-to-rent ratio at 16.7.
At this week's 7.40% mortgage rate with 20% down ($64,531), the typical Hagerstown home costs about $2,191 a month including tax and insurance, which needs a household income of roughly $93,900 to stay under a 28% payment-to-income ratio.
Income needed to buy assumes 20% down, a 30-year fixed mortgage at 7.4% (Freddie Mac weekly average), property tax at 1.1% and insurance at 0.4% of value per year, and a 28% payment-to-income cap. Local taxes and insurance vary; treat it as a comparison figure across metros, not a lender's answer. All metros ranked →
How to read this data
The typical home value ($322,655) 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 2.3% over the past year. In Hagerstown - MD, that means a home worth $315,401 last year is now worth roughly $322,655.
The median sale price, what homes actually close for, is $310,708. Homes are selling at 99.5% of list price, meaning buyers have room to negotiate.
Homes listed in Hagerstown - MD sit on the market for roughly 20 days before going pending. Shorter = seller's market; longer = buyer's market.
About 29.0% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 368 new listings hit the market each month in Hagerstown - MD. There are currently 1,059 homes for sale, up 2.2% from a year ago.
The typical monthly rent in Hagerstown - MD is $1,614, up 3.1% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 16.7x, toss-up (#104 of 195 metros). The mortgage on a typical home here, 20% down at today's 7.4% 30-year rate, runs about $1,787 a month in principal and interest, $173 more than renting before taxes, insurance and upkeep. The two break even at a 6.40% 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 October 2026. Methodology →
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Other metros in MD
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Baltimore - MD | $396,959 | +0.4% | 16.0d |