HAGERSTOWN HOUSING MARKET DATA

There was a decrease in total units sold in August, with 85 sold this month in Hagerstown Real Estate versus 89 last month, a decrease of 4%. This month's total units sold was lower than at this time last year, a decrease of 17% versus August 2024.

Versus last year, the total number of homes available this month is higher by 43 units or 18%. The total number of active inventory this August was 278 compared to 235 in August 2024. This month's total of 278 is lower than the previous month's total supply of available inventory of 309, a decrease of 10%.

Last August, the median sale price for Hagerstown Homes was $317,500. This August, the median sale price was $305,450, a decrease of 4% or $12,050 compared to last year. The current median sold price is 3% lower than in July.

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

In August, there was 3.3 months of supply available in Hagerstown, compared to 2.3 in August 2024. That is an increase of 42% 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 121 homes newly listed for sale in Hagerstown compared to 136 in August 2024, a decrease of 11%. There were 98 current contracts pending sale this August compared to 96 a year ago. The number of current contracts is 2% higher than last August.

In August, the average sale price in Hagerstown was 99.4% of the average list price, which is 1.2% lower than at this time last year.

This month, the average number of days on market was 35, higher than the average last year, which was 27, an increase of 30%.





FOCUS ON: HAGERSTOWN HOUSING MARKET			AUGUST 2025

Zip Code(s): 21740 and 21742
Units Sold 85	Active Inventory 278	Median Sale Price $305,450	Days On Market 35

Down -17% Vs. Year Ago	Up 18% Vs. Year Ago	Down -4% Vs. Year Ago	Up 30% Vs. Year Ago


		Units Sold There was a decrease in total units sold in August, with 85 sold this month in Hagerstown Real Estate versus 89 last month, a decrease of 4%. This month's total units sold was lower than at this time last year, a decrease of 17% versus August 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 43 units or 18%. The total number of active inventory this August was 278 compared to 235 in August 2024. This month's total of 278 is lower than the previous month's total supply of available inventory of 309, a decrease of 10%.
		Median Sale Price Last August, the median sale price for Hagerstown Homes was $317,500. This August, the median sale price was $305,450, a decrease of 4% or $12,050 compared to last year. The current median sold price is 3% lower than in July. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 121	Current Contracts 98	Sold Vs. List Price 99.4%	Months of Supply 3.3

Down -11% Vs. Year Ago	Up 2% Vs. Year Ago	Down -1.2% Vs. Year Ago	Up 42% Vs. Year Ago


		Months of Supply In August, there was 3.3 months of supply available in Hagerstown, compared to 2.3 in August 2024. That is an increase of 42% 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 121 homes newly listed for sale in Hagerstown compared to 136 in August 2024, a decrease of 11%. There were 98 current contracts pending sale this August compared to 96 a year ago. The number of current contracts is 2% higher than last August.
		Sale Price to List Price Ratio In August, the average sale price in Hagerstown was 99.4% of the average list price, which is 1.2% lower than at this time last year. Days on Market This month, the average number of days on market was 35, higher than the average last year, which was 27, an increase of 30%.


	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.