Hagerstown, MD Housing Market
The Hagerstown housing market is somewhat competitive. Homes in Hagerstown receive 5 offers on average and sell in around 44 days. The median sale price of a home in Hagerstown was $234K last month, down 11.0% since last year. The median sale price per square foot in Hagerstown is $141, up 0.0% since last year.
Hagerstown Housing Market Trends
In March 2024, Hagerstown home prices were down 11.0% compared to last year, selling for a median price of $234K. On average, homes in Hagerstown sell after 44 days on the market compared to 33 days last year. There were 48 homes sold in March this year, down from 51 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Hagerstown housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 39 days.
- Hot homescan sell for about 1% above list price and go pending in around 8 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 1 day.
- Hot homescan sell for around list price and go pending in around 1 day.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
- Some homes get multiple offers.
- The average homes sell for around list price and go pending in around 43 days.
- Hot homescan sell for about 1% above list price and go pending in around 16 days.
Hagerstown Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Hagerstown from outside metros.
- New York homebuyers searched to move into Hagerstown more than any other metro followed by Atlanta and Hartford.
- 81% of Hagerstown homebuyers searched to stay within the Hagerstown metropolitan area.
- Salisbury was the most popular destination among Hagerstown homebuyers followed by Virginia Beach and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 3,185 | ||
2 | 1,376 | ||
3 | 525 | ||
4 | 384 | ||
5 | 26 | ||
6 | 13 | ||
7 | 11 | ||
8 | 10 | ||
9 | 5 | ||
10 | 5 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 4,584 | ||
2 | 2,396 | ||
3 | 2,070 | ||
4 | 1,555 | ||
5 | 1,496 | ||
6 | 1,356 | ||
7 | 1,298 | ||
8 | 1,266 | ||
9 | 982 | ||
10 | 808 |
Home offer insights for Hagerstown
Recent offers
View houses in Hagerstown that sold recently
Recently sold homes
- $400,000 Last Sold Price3 beds2.5 baths2,085 sq ft1201 Hillbrook Dr, Hagerstown, MD 21740(301) 739-4800List Price$375,000Sale to List7% over listDays on Market21 days1201 Hillbrook Dr, Hagerstown, MD 21740
- $295,000 Last Sold Price2 beds2 baths—sq ft12986 Little Hayden Cir #132, Hagerstown, MD 21742(301) 970-2447List Price$298,000Sale to List1% under listDays on Market55 days12986 Little Hayden Cir #132, Hagerstown, MD 21742
- $215,000 Last Sold Price6 beds2 baths2,604 sq ft121-123 Buena Vista Ave, Hagerstown, MD 21740(240) 309-6000List Price$215,000Sale to List0% over listDays on Market124 days121-123 Buena Vista Ave, Hagerstown, MD 21740
- $243,000 Last Sold Price2 beds2 baths—sq ft82 Sunbrook Ln #169, Hagerstown, MD 21742(301) 745-4400List Price$245,000Sale to List1% under listDays on Market88 days82 Sunbrook Ln #169, Hagerstown, MD 21742
- $180,000 Last Sold Price—beds—baths2,448 sq ft730-732 Summit Ave, Hagerstown, MD 21740(301) 694-8000List Price$197,000Sale to List9% under listDays on Market102 days730-732 Summit Ave, Hagerstown, MD 21740
- $137,000 Last Sold Price3 beds2 baths1,960 sq ft16902 Alcott Rd, Hagerstown, MD 21740(301) 739-4800List Price$140,000Sale to List2% under listDays on Market50 days16902 Alcott Rd, Hagerstown, MD 21740
- $312,000 Last Sold Price3 beds1.5 baths1,418 sq ft201 E Irvin Ave, Hagerstown, MD 21742(301) 298-1001List Price$299,000Sale to List4% over listDays on Market34 days201 E Irvin Ave, Hagerstown, MD 21742
- $262,000 Last Sold Price3 beds2 baths1,596 sq ft633 Medway Rd, Hagerstown, MD 21740(301) 739-4800List Price$260,000Sale to List1% over listDays on Market36 days633 Medway Rd, Hagerstown, MD 21740
See all recently sold homes in Hagerstown.
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Schools in Hagerstown
- Elementary
- Middle
- High
GreatSchools Rating
10/10 Fountaindale Elementary School Public • PreK-5 | 390 Students | 3 reviews |
8/10 Emma K. Doub Elementary School For Integrated Arts & Technology Public • PreK-5 | 342 Students | 5 reviews |
8/10 Potomac Heights Elementary School Public • PreK-5 | 296 Students | 3 reviews |
7/10 Jonathan Hager Elementary Public • PreK-5 | 371 Students | N/A |
7/10 Salem Avenue Elementary School Public • PreK-5 | 726 Students | 8 reviews |
Climate's impact on Hagerstown housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Hagerstown.
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Fire Factor - Moderate
Fire Factor
Wind Factor - Minor
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Wind likelihood over time
Heat Factor - Major
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Transportation in Hagerstown
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