Real Estate Market Update for 21740 (Hagerstown, MD)
Welcome to August's Market Update. Let’s take a look at residential real-estate activity in your area during the month of July. The number of active listings was down 21% from one year earlier, and up 1% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just under 160-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 13%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 130-thousand dollars. The number of units sold decreased 14% year-over-year, and decreased 9% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 21740 (Hagerstown, MD)
Area Information for 21740 (Hagerstown, MD)
  • Population: 62,838
  • Median Age: 37.93 yr
  • Median Commute Time: 21 mins
  • Educational Climate*: 3
  • Sales Tax: 6%
  • Population Density: 899/sq mi
  • Population Change Since 2000: 10.6%
  • Closest Airport: Hagerstown Regional-richard A Henson Field
  • Closest College: Kaplan University-hagerstown Campus
  • Closest Jr. College: Hagerstown Community College
  • Median Household Income: $44,374
  • Annual Residential Turnover: 17%
  • Median Home Sales Price: $125,179
  • Closest Major Sports Team: Hagerstown Suns (a)
  • Change Avg. Household Income Since 2000: 37.9%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 21740 (Hagerstown, MD)
Median Age: 37.93 Married: 36% Number of Households: 23,664 Households with Children: 7,047
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 21740 (Hagerstown, MD)

      School Name Distance Type Grades School Rating Parent Rating
      Hagerstown Childrens School 0.3 mi Private PRESCHOOL-K 0 0
      Barbara Ingram School For The Arts 0.4 mi Public 9-12 4 4
      Bester Elementary School 0.5 mi Public PRESCHOOL-5 0 0
      St Mary Catholic School 0.5 mi Catholic PRESCHOOL-8 0 0
      Winter Street Elementary School 0.9 mi Public PRESCHOOL-5 1 0
      Truth Christian Academy 1.1 mi Private K-12 0 0
      South Hagerstown High School 1.2 mi Public 9-12 2 3
      Evening High School 1.2 mi Public 12-12 0 0
      Pangborn Elementary School 1.4 mi Public K-5 1 0
      Emma K. Doub Elementary School For Integrated Arts & Technology 1.4 mi Public 1-5 3 0
      E. Russell Hicks Middle School 1.5 mi Public 6-8 3 0
      Salem Avenue Elementary School 1.6 mi Public PRESCHOOL-5 2 0
      Western Heights Middle School 1.6 mi Public 6-8 1 0
      Washington County Technical High School 1.8 mi Public 11-12 4 4
      Job Development Programe 1.9 mi Public 12-12 0 0
      Marshall Street School 1.9 mi Public K-12 0 0
      Lincolnshire Elementary School 2.3 mi Public PRESCHOOL-5 1 0
      Funkstown Elementary 2.4 mi Public PRESCHOOL-K 0 0
      Grace Academy 3.5 mi Private PRESCHOOL-12 0 0
      Rockland Woods Elementary School 4.3 mi Public K-5 3 0
      Huyetts Mennonite School 4.3 mi Private K-12 0 0
      Hillside Mennonite School 4.5 mi Private 1-10 0 0
      Saint James School 4.5 mi Private 8-12 0 4
      Emmanuel Christian School 4.5 mi Private PRESCHOOL-12 0 0
      Broadfording Christian Academy 5.1 mi Private PRESCHOOL-12 0 0
      Fountain Rock Elementary School 5.2 mi Public K-5 3 0
      Conococheague Elementary School 5.6 mi Public K-5 2 0
      Heritage Academy 5.7 mi Private K-12 0 0
      Highland View Academy 6.6 mi Private 9-12 0 0
      Mount Aetna Adventist School 7.2 mi Private PRESCHOOL-8 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for 21740 (Hagerstown, MD)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.