Hagerstown-Martinsburg
Maryland · Ranked #128 of 373 metros
83Affordable
💡
Housing in Hagerstown-Martinsburg costs 3.67× the median income, below the national average of 4.5×. The median home price is $277K and median rent is $1,162/month. Hagerstown-Martinsburg ranks #128 of 373 metros for affordability.
Median Home Price
🏠$277K
Need $82K income
Median Rent
🔑$1,162
Need $46K income
Building Permits
🔨1,795
annual
Median Income
💰$75K
Pop: 297,804
Rent Burden
⚠️20.0%
of renters paying >30%
Homeownership
🏡71.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Hagerstown-Martinsburg | National |
|---|---|---|
| Price-to-Income Ratio | 3.67x | 6.1x |
| Rent Burden | 20.0% | 31.5% |
| Homeownership Rate | 71.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 3.6% |
Zillow Market Data
Home Value (ZHVI)
$316K
1yr: +2.4%5yr: +36.7%
Rent (ZORI)
$1,586/mo
1yr: +4.5%5yr: +40.3%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$268K
Active Inventory
213
Days on Market
61
Sold Above List
13.2%
Price Drops
21.6%