Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hagerstown area can be challenging. Home prices in Hagerstown are now at a median cost of $216,340, lower than the Maryland average of $357,815.
The average cost of rent is $1,104/mo in Hagerstown, primarily driven by the current value of real estate in the Hagerstown area. While nearly 33.64% of residents own their homes outright in Hagerstown, 42.00% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hagerstown is $5,581 per month. Households that rent pay about 19.79% of their income on rent here. Hagerstown's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Funkstown, MD: equally priced homes
- Halfway, MD: less expensive homes
- Fountainhead-Orchard Hills, MD: higher priced homes
- Maugansville, MD: equally priced homes
- St. James, MD: higher priced homes
- Cearfoss, MD: higher priced homes
- Williamsport, MD: equally priced homes
- State Line, PA: equally priced homes
- Jugtown, MD: higher priced homes
- Wilson-Conococheague, MD: less expensive homes
Cities with Similar Populations
- Green Bay, WI: less expensive homes
- Greenville, SC: equally priced homes
- Greer, SC: higher priced homes
- Gresham, OR: higher priced homes
- Greenwood, IN: equally priced homes
- Hampton, VA: equally priced homes
- Hamilton, OH: less expensive homes
- Greensboro, NC: less expensive homes
- Gainesville, GA: higher priced homes
- Franklin, TN: higher priced homes
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