HAGERSTOWN HOUSING MARKET DATA

There was a decrease in total units sold in September, with 82 sold this month in Hagerstown Real Estate versus 85 last month, a decrease of 4%. This month's total units sold was lower than at this time last year, a decrease of 22% versus September 2024.

Versus last year, the total number of homes available this month is higher by 88 units or 43%. The total number of active inventory this September was 292 compared to 204 in September 2024. This month's total of 292 is lower than the previous month's total supply of available inventory of 294, a decrease of 1%.

Last September, the median sale price for Hagerstown Homes was $290,000. This September, the median sale price was $301,000, an increase of 4% or $11,000 compared to last year. The current median sold price is 1% lower than in August.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In September, there was 3.6 months of supply available in Hagerstown, compared to 1.9 in September 2024. That is an increase of 83% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

This month there were 130 homes newly listed for sale in Hagerstown compared to 105 in September 2024, an increase of 24%. There were 94 current contracts pending sale this September compared to 100 a year ago. The number of current contracts is 6% lower than last September.

In September, the average sale price in Hagerstown was 99.4% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 37, higher than the average last year, which was 24, an increase of 54%.





FOCUS ON: HAGERSTOWN HOUSING MARKET			SEPTEMBER 2025

Zip Code(s): 21740 and 21742
Units Sold 82	Active Inventory 292	Median Sale Price $301,000	Days On Market 37

Down -22% Vs. Year Ago	Up 43% Vs. Year Ago	Up 4% Vs. Year Ago	Up 54% Vs. Year Ago


		Units Sold There was a decrease in total units sold in September, with 82 sold this month in Hagerstown Real Estate versus 85 last month, a decrease of 4%. This month's total units sold was lower than at this time last year, a decrease of 22% versus September 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 88 units or 43%. The total number of active inventory this September was 292 compared to 204 in September 2024. This month's total of 292 is lower than the previous month's total supply of available inventory of 294, a decrease of 1%.
		Median Sale Price Last September, the median sale price for Hagerstown Homes was $290,000. This September, the median sale price was $301,000, an increase of 4% or $11,000 compared to last year. The current median sold price is 1% lower than in August. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 130	Current Contracts 94	Sold Vs. List Price 99.4%	Months of Supply 3.6

Up 24% Vs. Year Ago	Down -6% Vs. Year Ago	No Change Vs. Year Ago	Up 84% Vs. Year Ago


		Months of Supply In September, there was 3.6 months of supply available in Hagerstown, compared to 1.9 in September 2024. That is an increase of 83% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
New Listings & Current Contracts This month there were 130 homes newly listed for sale in Hagerstown compared to 105 in September 2024, an increase of 24%. There were 94 current contracts pending sale this September compared to 100 a year ago. The number of current contracts is 6% lower than last September.
		Sale Price to List Price Ratio In September, the average sale price in Hagerstown was 99.4% of the average list price, which is similar compared to a year ago. Days on Market This month, the average number of days on market was 37, higher than the average last year, which was 24, an increase of 54%.


	Hagerstown are defined as properties listed in zip code/s 21740 and 21742.
	*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
	Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc.