Hagerstown, MD metro area Housing Market
Cool MarketComprehensive housing market data for the Hagerstown, MD metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: January 2026
Median Sale Price
$305K
↓ 3.2% YoY
Days on Market
71 days
↑ 24.6% YoY
Active Inventory
960
↑ 4.1% YoY
Homes Sold
263
↓ 12.3% YoY
Cool Market
Buyer activity is slowing, creating more negotiating room.
Hagerstown, MD metro area Market Summary
The Hagerstown, MD metro area housing market is cooling down. As of January 2026, the median home sale price is $305K, down 3.2% year-over-year. Homes are spending a median of 71 days on the market, 24.6% longer than a year ago.
There are 960 homes for sale — 4.1% more than last year. With 3.7 months of supply, this is a seller's market. 354 new listings were added during this period, down 11.5% year-over-year.
Homes are selling for 98.4% of their list price on average, suggesting room for negotiation. 18.6% of homes sell above their asking price. 22.5% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
68
Contributing Factors
How This Market Compares
vs. National Median
vs. Maryland Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 28% below the national median, which could indicate stronger cash flow potential.
Hagerstown, MD metro area Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Price per Square Foot
Sale-to-List Ratio
New Listings
Listings with Price Drops
Detailed Market Metrics
Median List Price
$335K
Price per Sq Ft
$176
Sale-to-List Ratio
98.4%
Months of Supply
3.7
Sold Above List
18.6%
Price Drops
22.5%
New Listings
354
↓ 11.5% YoY
Pending Sales
358
Off Market in 2 Weeks
27.9%
Other Markets in Maryland
Baltimore, MD metro area
$375K · 54d on market
Frederick, MD metro area
$560K · 63d on market
California, MD metro area
$430K · 43d on market
Cumberland, MD metro area
$155K · 85d on market
Easton, MD metro area
$437K · 124d on market
Cambridge, MD metro area
$234K · 93d on market
Analyze a deal in Hagerstown, MD metro area
Calculate cash flow, Cap Rate, DSCR, and Cash-on-Cash Return for any rental property — free and instant.
Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.