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: March 2026
Median Sale Price
$333K
↑ 5.7% YoY
Days on Market
66 days
↑ 34.7% YoY
Active Inventory
971
↑ 6.4% YoY
Homes Sold
384
↑ 3.5% 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 March 2026, the median home sale price is $333K, up 5.7% year-over-year. Homes are spending a median of 66 days on the market, 34.7% longer than a year ago.
There are 971 homes for sale — 6.4% more than last year. With 2.5 months of supply, this is a seller's market. 500 new listings were added during this period, up 10.1% year-over-year.
Homes are selling for 99.0% of their list price on average, suggesting room for negotiation. 26.8% of homes sell above their asking price. 21.1% 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 24% below the national median, which could indicate stronger cash flow potential.
Hagerstown, MD metro area Market Trends
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Detailed Market Metrics
Median List Price
$330K
Price per Sq Ft
$176
Sale-to-List Ratio
99.0%
Months of Supply
2.5
Sold Above List
26.8%
Price Drops
21.1%
New Listings
500
↑ 10.1% YoY
Pending Sales
480
Off Market in 2 Weeks
41.9%
Other Markets in Maryland
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$399K · 41d on market
Frederick, MD metro area
$590K · 36d on market
California, MD metro area
$425K · 42d on market
Cumberland, MD metro area
$175K · 66d on market
Cambridge, MD metro area
$264K · 89d on market
Easton, MD metro area
$408K · 117d on market
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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.