#MDWA2027254, Mary Schroth, Listing Office: EXP Realty, LLC
Hagerstown Housing Market Report February 2025•Washington County, Maryland
Housing Prices in Hagerstown, MD
How much do homes in Hagerstown, MD cost?
Housing Market Conditions
Is Hagerstown, MD a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Hagerstown is a Neutral Market
Difference Since February 2024
At the same time last year, Hagerstown was a Seller's Market.
Hagerstown is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
Based on all homes sold in the last 12 months
The sold price of homes in Hagerstown has remained the same since last year.
Summary: The median home sold price in Hagerstown was $299,987 in February 2025, the same as last year, and the median price per square foot was $167.
Median Sold Price By Bedrooms
Beds | Feb 2024 | Feb 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $126K | $135K | +7.1% |
22 Bedrooms | $226.5K | $243K | +7.3% |
33 Bedrooms | $290K | $290K | 0.0% |
44 Bedrooms | $392K | $385K | -1.8% |
55+ Bedrooms | $440K | $474.9K | +7.9% |
Summary: Hagerstown housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +7.1%. The home price for 2 bedroom homes increased by +7.3%. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes decreased by -1.8%. The home price for 5 bedroom homes increased by +7.9%.
Housing supply in Hagerstown, MD
How many homes are available in Hagerstown, MD?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
329Last MonthFeb 2025 | ||
3042 months agoJan 2025 | +8.2 % Change MoMJan – Feb |
Summary: The Hagerstown real estate market had 329 homes for sale in Feb 2025, a 8.2 % increase compared to Jan 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
54Last MonthFeb 2025 | ||
662 months agoJan 2025 | -18.2 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
Beds | Jan 2025 | Feb 2025 | Change MoM |
---|---|---|---|
22 Bedrooms | 60 | 56 | -6.7% |
33 Bedrooms | 146 | 163 | +11.6% |
55+ Bedrooms | 35 | 32 | -8.6% |
11 Bedroom | 0 | 0 | 0.0% |
44 Bedrooms | 63 | 78 | +23.8% |
Summary: Hagerstown housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 2 bedroom homes decreased by -6.7%. The inventory for 3 bedroom homes increased by +11.6%. The inventory for 5 bedroom homes decreased by -8.6%. The inventory for 1 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +23.8%.
Asking Price vs. Sold Price
How much do homes in Hagerstown, MD cost?
Over Asking Price17 Homes
At Asking Price11 Homes
Under Asking Price26 Homes
If you're buying a home in Hagerstown, you may be able to get a good deal. 48.1% of homes here sold below asking price last month.
Summary: A total of 54 homes were sold or pending in Hagerstown in February 2025, down by 18.2% month-over-month. Of the 54 sold homes, 48% were sold under asking, 20% were sold at asking, and and 31% were sold over asking.
Days on Market for Hagerstown, MD
How long does it take to sell a home in Hagerstown, MD?
Breakdown of Home Sale Times
Under 30 Days21 Homes
30 – 90 Days22 Homes
Over 90 Days11 Homes
Avg time on Rocket Homes in Hagerstown has remained consistent over time.
Summary: During February 2025, 54 homes were sold in Hagerstown; 39% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
62 DaysThis YearFeb 2025 | ||
40 Days1 year agoFeb 2024 | +55.2 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Hagerstown had an average listing age of 62 days in Feb 2025, up by 55.2% compared to the previous year.
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Newest Listings in Hagerstown, MD
What homes are available in Hagerstown, MD?
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Nearby markets aren't available for Hagerstown, MD
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MLS Disclaimers and Copyright
Based on information from BrightMLS, for the period 03/01/2023 - 03/01/2025
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The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 7:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.