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·Hagerstown Metro
MD

Hagerstown Metro

Hagerstown Metro Market Report

Top 10 ZIPs by size — 7.32% mortgage rate — Updated 10/27/2026

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Listings Flow Ladder — Hagerstown

Faucet, basin and drain — new listings in, active inventory, closed sales out.as of Sep 30, 2026

the basin is fillingnet 122 listings/mo
balanced 4–6 mo3.6 mo
Faucet — new listings
488/mo
101% of normal (481) · normal
Basin — active listings
1,302
76% of normal (1,721) · low
Months of supply
3.6 mo
derived — not published at this grain
Drain — closed sales
365/mo
85% of normal (429)
Net — faucet minus drain
+122/mo
filling
Reading
current
as of 2026-09-30
Compare against:
2015-01-01 to 2019-12-31 · 5 same-month points

How plugged is the drain? Two definitions, both ours, deliberately not reconciled.

  • 0%Absorption vs its own normal— 1 - (closed sales / active listings) / same-month median of that ratio
  • 15%Closed sales vs its own normal— 1 - closed sales per month / same-month median closed sales per month

Closed sales over 24 months — two different numbers, deliberately not merged.

  • 54/mofall in the monthly rate (13%)— peak 419/mo (2024-10-31) to 365/mo now
  • 378transactions that did not happen— summed monthly shortfall vs the same-month normal, over 10 months below it (vs 2015-19 (COVID excluded))
  • rate_drop_from_peak is a change in the monthly rate; cumulative_shortfall_vs_normal counts transactions not transacted. They are different quantities and are not interchangeable.
2026-09-30

Redfin market data (county + ZIP), via Lotvox. As of 2026-09-30. Normal = same-month median of monthly rates, minimum 3 same-month points. Source window 3 months (flows shown per month). Aggregated over a fixed panel of 20 zips — the panel is fixed so a change in who reports cannot look like a change in the market. months_of_supply is not published at this grain (0 non-null rows measured); derived here as active listings / closed sales per month.

Verified county coverage:Washington County, MD

Tracked ZIPs
10
Avg Score
65
Avg Median
$316,576
Market
Balanced
Avg Composite
65/100
Avg Median Price
$316,576
Avg Rent
$1,661/mo
Avg Burden
28.4%of income

Buyer Leverage — Should I Buy in Hagerstown?

53
Avg Buyer Score
25 ZIPs analyzed
Strong Buyer
1
Moderate
5
Balanced
15
Seller Favored
4
Strong Seller
0
Best for Buyers
21767Maugansville76
25411Berkeley Springs76
21779Rohrersville72
21756Keedysville68
Most Competitive
21719Cascade26
25428Inwood31
25404Martinsburg31
25405Martinsburg38
21742Paramount-Long Meadow40

BALANCED — Hagerstown roughly fair, negotiate on a per-ZIP basis

21740
Hagerstown, Washington
44
Median Price
$288,533
YoY
-0.1%
Payment Burden
32%
Buy vs Rent
Neutral
Days on Market
45
Supply
4.5 mo
Rent
$1,328
Val. Gap
-72.7%
21742
Paramount-Long Meadow, Washington
60
Median Price
$344,405
YoY
+0.5%
Payment Burden
28.2%
Buy vs Rent
Neutral
Days on Market
62
Supply
4.1 mo
Rent
$1,587
Val. Gap
+20.5%
25427
Hedgesville, Berkeley
71
Median Price
$335,270
YoY
+3.9%
Payment Burden
25.4%
Buy vs Rent
Neutral
Days on Market
43
Supply
3.4 mo
Rent
$1,777
Val. Gap
-41.6%
25404
Martinsburg, Berkeley
67
Median Price
$288,432
YoY
+3.1%
Payment Burden
27.6%
Buy vs Rent
Buy
Days on Market
47
Supply
3 mo
Rent
$1,732
Val. Gap
-70.5%
25411
Berkeley Springs, Morgan
63
Median Price
$317,043
YoY
+4.5%
Payment Burden
32.6%
Buy vs Rent
Rent
Days on Market
63
Supply
3.2 mo
Rent
$1,233
Val. Gap
-41.5%
25403
Martinsburg, Berkeley
60
Median Price
$376,712
YoY
+2.7%
Payment Burden
30.2%
Buy vs Rent
Neutral
Days on Market
62
Supply
3.4 mo
Rent
$1,795
Val. Gap
-72.9%
25428
Inwood, Berkeley
68
Median Price
$322,437
YoY
+3.7%
Payment Burden
26.5%
Buy vs Rent
Buy
Days on Market
50
Supply
3 mo
Rent
$1,923
Val. Gap
-72.5%
25401
Martinsburg, Berkeley
61
Median Price
$255,377
YoY
+3.5%
Payment Burden
34.3%
Buy vs Rent
Neutral
Days on Market
53
Supply
2.6 mo
Rent
$1,373
Val. Gap
—
25405
Martinsburg, Berkeley
79
Median Price
$318,536
YoY
+3.8%
Payment Burden
23.1%
Buy vs Rent
Buy
Days on Market
43
Supply
2.5 mo
Rent
$1,972
Val. Gap
-6.8%
25419
Falling Waters, Berkeley
81
Median Price
$319,019
YoY
+3.0%
Payment Burden
24.4%
Buy vs Rent
Buy
Days on Market
45
Supply
2.8 mo
Rent
$1,887
Val. Gap
—

Median price and 12-month change: Zillow Home Value Index (ZHVI); where a ZIP has no ZHVI value, the county assessor average. Days on market: Redfin Data Center, rolling 90 days; months of supply: Redfin Data Center. Rent: Zillow Observed Rent Index (ZORI); where a ZIP has no ZORI value, the Census ACS county rent.

Every ZIP market page in Hagerstown Metro (17)