Hagerstown - MD housing market
The Hagerstown metro has a typical home value of $324,997, up 2.6% from a year ago. Homes are moving fast at 11 days on market - a strong seller's market. 23% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($324,997) 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 2.6% over the past year. In Hagerstown - MD, that means a home worth $316,761 last year is now worth roughly $324,997.
The median sale price , what homes actually close for , is $315,859. Homes are selling at 98.7% of list price, meaning buyers have room to negotiate.
Homes listed in Hagerstown - MD sit on the market for roughly 11 days before going pending. Shorter = seller's market; longer = buyer's market.
About 22.9% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 400 new listings hit the market each month in Hagerstown - MD. There are currently 945 homes for sale, up 20.1% from a year ago.
The typical monthly rent in Hagerstown - MD is $1,596, up 3.5% year over year. For investors, the price-to-rent ratio here is roughly 17x annual rent.
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.
Other metros in MD
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Baltimore - MD | $405,877 | +0.8% | 8.0d |