Prices, inventory, and demand — distilled every month into one clear verdict: buyer’s market or seller’s. The investor’s read, before you make an offer.
The median asking price in Hagerstown is about $310,000 as of Oct 2026, down 8.6% from a year ago. That is the asking price on listed homes, so sold-price and home-value sites show different numbers (why).
Only on the right house. Neither side has the upper hand in Hagerstown right now. Hagerstown is close to its 2017–2019 normal for this time of year. The market will not hand you a discount. You have to find it in one specific listing.
Hagerstown asking prices per square foot were above the year before in 76% of months since the data starts. Within a year, the cheapest and priciest months differ by about 8.6%. That is bigger than the yearly trend, so timing your purchase matters here. Nothing in Hagerstown's numbers is far from its own normal. Your return comes from the property and the price you negotiate.
The median asking price is 21.0% below its Jul 2023 peak. Per square foot the gap is smaller: 8.0% below the May 2025 high. Part of the drop is smaller homes coming to market. Prices are still falling. Waiting has paid off so far. Let listings age, then come back lower. Hagerstown prices have risen in 85 of the last 112 months. Drops here have been short and shallow. Buying in a slow month has rarely hurt a long hold.
This market is turning. Which way is not settled yet. Check the monthly numbers above before you commit.
Ranked among the 7 Maryland markets we track:
HUD sets one fair market rent for Washington County. For fiscal year 2026:
The figures include tenant-paid utilities and apply to all of Washington County, so one home's rent can sit well above or below them. See fair market rent by city.
Pending-sale counts for Hagerstown were thinly reported until recently, so this page reads demand from how long listings stay on the market, how many sellers cut, and how much is for sale. About 1 in 4 sellers has already dropped their price. Each one has learned their first price was too high. Start your offer below their new price.
Hagerstown listings spend a median 48 days on the market. There are 370 homes for sale in Hagerstown. That is 4.4 times the tightest month on record, but below the peak of 555. Supply is growing against last year.
Read how rent-to-price works and how we read these numbers, then run the numbers on a deal.
The median asking price in Hagerstown is about $310,000 as of Oct 2026, down 8.6% from a year ago. This is the asking price on homes listed for sale. Sites that report sold prices or estimated home values will show a different number. Our Hagerstown figures cover the 4 ZIP codes with a Hagerstown mailing address, which can reach past city limits.
Neither side has the upper hand in Hagerstown right now. We compare Hagerstown with 2017–2019 at this time of year: listings spend 32% fewer days on the market; there are 9% fewer homes for sale; 23% of sellers have cut their price, against 23% then.
The median asking price is 21.0% below its Jul 2023 peak. Per square foot the gap is smaller: 8.0% below the May 2025 high. Part of the drop is smaller homes coming to market. Prices are still falling. Waiting has paid off so far. Let listings age, then come back lower.
Across 9 full years, Hagerstown asking prices ran lowest in January, about 5.2% below the year's average. They peaked in May. The most homes for sale show up in October, about 12% above the yearly average.
Assume +4.1% a year. Hagerstown has grown about 4.1% a year for five years and for ten. That pace held before and after the 2020–2021 boom, so it is a fair long-run input. Prices fell 5.6% over the last year. Use it for timing. The five-year rate is the better guide.
HUD's fiscal year 2026 fair market rent for Washington County is $1,261 a month for 2 bedrooms and $1,700 for 3 bedrooms. The figures include tenant-paid utilities and cover the whole county.
Closest matches on asking price, price per square foot, time on market, buyer demand, and price cuts.
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