Is Hagerstown, MD 21740 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Hagerstown is a seller’s market. With about 3.7 months of supply and 28% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score57/ 100

More competitive than 59% of U.S. ZIP codes, and #162 of 241 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply3.7Under 4 months = seller’s market
Sold above original list28.2%Share of sales, last 3 months
Median sale-to-list100.1%Sold price ÷ list price
Median days on market45Listing to accepted offer
Median price per sq ft$174▲ +3.1% vs. last year

The Hagerstown housing market right now

In the three months ending August 31, 2026, 28% of homes in Hagerstown, MD 21740 sold above their list price, the typical home went under contract in 45 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 222 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 25%, homes sold more slowly (42 days then) and the median sale price rose 8% to $291,374. Overall, Hagerstown is about as competitive as it was a year ago.

Within Washington County, homes here sell more slowly than in 62% of the county’s ZIP codes, and sell more often over asking than in 54%. On our competition score, Hagerstown ranks #162 of 241 MD ZIP codes with enough sales (score 57 out of 100).

Nearby, buyers who want less competition could look at Rohrersville 21779 (0% sold over asking) or Funkstown 21734 (0% sold over asking), while Keedysville 21756 (57% sold over asking) and Cascade 21719 (50% sold over asking) are even more competitive.

Nearby markets

Big Pool 21711 — /sq ftBoonsboro 21713Seller’s market $207 /sq ftCascade 21719Buyer’s market $150 /sq ftClear Spring 21722Seller’s market $195 /sq ft Browse all markets →

Where Hagerstown is

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Questions about Hagerstown real estate

Is Hagerstown a buyer’s or seller’s market?

A seller’s market: there were 3.7 months of supply in Hagerstown, MD 21740 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Hagerstown?

The typical home went under contract in 45 days in the latest three months.

Do homes in Hagerstown sell over asking?

28% of homes sold above their original list price, and the typical sale closed at 100.1% of the list price.

What are property taxes in Hagerstown?

About 0.84% of a home’s value a year in Washington County, or roughly $3,360 on a $400,000 home.

What is the median home price in Hagerstown?

The median sale price was $291,374 in the three months ending August 31, 2026, about $174 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology