Hagerstown, MD 21741 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
County Demographics
County Economy
Hagerstown, MD — 21741
Median Listing Price
--
Population
--
Households
59,818
Median Days on Market
--
Active Listings
--
New Listings
--
Housing Market
Units & Occupancy
2024 Occupancy
64K
units
Occupied
59,818
93.3%
Vacant
4,327
6.7%
2024 Tenure
60K
occupied
Owner
39,936
66.8%
Renter
19,882
33.2%
Renter Share
33.2%
-2.6% YoY
Total Housing Units
64,145
+0.3% YoY
FY2026 Fair Market Rent — Washington County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$869
/month
1 BR
$961
/month
2 BR
$1,261
/month
3 BR
$1,700
/month
4 BR
$1,901
/month
FMR Trends — Washington County
Source: HUD Fair Market Rents
County Demographics
Median Age
40.7
2024
Population
Washington County Population
157,228
+0.7% YoY
Households
Total Households
59,818
+0.7% YoY
Household Types
--
Not reported for this area (ACS).
Avg Household Size
2.48
0.0% YoY
Age
2024 Age Mix
156K
residents
Under 18
33,870
21.8%
Adults 18–64
93,686
60.2%
65 & Over
28,153
18.1%
Age Composition Over Time
2017–2024
Population growth (first year = 100)
Share of population (change in pp)
Under 18
Adults 18–64
65 & Over
Population Under 18
33,870
-0.1% YoY
Population 65 & Over
28,153
+2.0% YoY
Median Age
40.70
-0.7% YoY
Mobility & Veterans
2024 Residential Mobility
of residents
Same house
88.3%
Moved (within US)
11.5%
Other
0.2%
Veterans
7.1%
-2.7% YoY
County Economy
Income
Median Household Income
$78K
+4.8% YoY
Per-Capita Income
$39K
+4.4% YoY
Mean Household Income
$99K
+4.1% YoY
Poverty
Below Poverty Level
12.4%
-0.8% YoY
Transportation to Work
2024 Commute Mode
of workers
Drove alone
74.3%
Public transit
1.1%
Worked from home
12.4%
Other
12.2%
Worked From Home
12.4%
+12.7% YoY
Mean Commute
28.80
-2.4% YoY
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