Is Hagerstown, MD a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Hagerstown is a seller's market


Difference Since February 2022

Since last year, Hagerstown has remained a Seller's Market.

Key Takeaway

Hagerstown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Hagerstown, MD cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since February 2022


Key Takeaway

Homes in Hagerstown have sold for 19.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $75K$104.7K
2 $167.9K$190K
3 $195K$224.9K
4 $266K$300K
5+ $247.5K$353.7K

How many homes are available in Hagerstown, MD?

Number of Homes For Sale

Jan 2023Feb 2023%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 11
2 3944
3 128134
4 7091
5+ 2732

Number of Homes Sold

Jan 2023Feb 2023%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

22 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hagerstown, expect to pay close to the asking price. 37.3% of homes here sold near the asking price last month.

Average Sale Time

Feb 2022Feb 2023%
46 Days43 Days-7.0%

Breakdown of Home Sale Times

32 Homes Were Sold
Under 30 Days

18 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hagerstown are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Hagerstown, MD

Number of homes for sale in Hagerstown, MD real estate market have reached 302. In February 2023 in Hagerstown, MD there were 14% more homes for sale than in January 2023. In February 2023, listings were on the market for 43 days. During the same period, the median list price in this real estate market was $230,000. Between January 2023 and February 2023, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 39.7% more expensive, prices of 2 bedrooms properties went up by 13.1%, 3 bedrooms properties prices increased by 15.3%, 4 bedrooms properties became 12.8% more expensive, 5 bedrooms properties became 42.9% more expensive. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory increased by 12.8%, the quantity of 3 bedrooms homes went up by 4.7%, number of 4 bedrooms homes increased by 30%, 5 bedrooms homes became 18.5% more available. Over 16 listings were sold over their listed price in February 2023 in Hagerstown, MD. In the same period over 21 listings were sold below the listed price and 22 listings were sold for the listed price.