Real Estate Market Update for 21742 (Hagerstown, MD)
Welcome to September's Market Update. Let’s take a look at residential real-estate activity in your area during the month of August. The number of active listings was down 14% from one year earlier, and up 4% 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 230-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 13%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 200-thousand dollars. The number of units sold decreased 19% year-over-year, and increased 4% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. 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 21742 (Hagerstown, MD)
Area Information for 21742 (Hagerstown, MD)
  • Population: 32,472
  • Median Age: 40.47 yr
  • Median Commute Time: 23 mins
  • Educational Climate*: 4
  • Sales Tax: 6%
  • Population Density: 643/sq mi
  • Population Change Since 2000: 27.24%
  • Closest Airport: Hagerstown Regional-richard A Henson Field
  • Closest College: Kaplan University-hagerstown Campus
  • Closest Jr. College: Hagerstown Community College
  • Median Household Income: $66,437
  • Annual Residential Turnover: 17%
  • Median Home Sales Price: $160,000
  • Closest Major Sports Team: Hagerstown Suns (a)
  • Change Avg. Household Income Since 2000: 29.93%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 21742 (Hagerstown, MD)
Median Age: 40.47 Married: 41% Number of Households: 12,928 Households with Children: 3,619
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 21742 (Hagerstown, MD)

      School Name Distance Type Grades School Rating Parent Rating
      Stone Bridge Academy 2.1 mi Private 3-12 0 0
      Laurel Hall School - Hagerstown 2.2 mi Private 1-12 0 0
      Old Forge Elementary School 2.3 mi Public K-5 4 0
      Paramount Elementary School 2.5 mi Public K-5 4 0
      Potomac Heights Elementary School 2.9 mi Public K-5 3 0
      St Maria Goretti High School 3.1 mi Catholic 9-12 0 4
      Paradise Mennonite School 3.2 mi Private 1-11 0 0
      Northern Middle School 3.5 mi Public 6-8 2 0
      Fountaindale Elementary School 3.7 mi Public K-5 4 0
      North Hagerstown High School 3.8 mi Public 9-12 3 3
      Eastern Elementary School 4.4 mi Public 3-5 2 0
      Ruth Ann Monroe Primary 4.4 mi Public PRESCHOOL-2 0 0
      Shiningtree School 5.2 mi Private 6-9 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 21742 (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.