Home prices
Hagerstown's median home cost is $155,700. It is about $59,820 (27%) lower in comparison to nearby areas.It is roughly $61,800 (28%) lower compared to the country as a whole, and in comparison to the city of Washington is about $445,800 (74%) lower.
Rents
The median rent in Hagerstown is $832 a month. Compared to its nearby areas it is approximately $125 (13%) lower.It is roughly $230 (21%) lower in comparison to the rest of the nation, and it is about $709 (46%) lower compared to the city of Washington.
Nearby places
Funkstown
Funkstown is Hagerstown's neighbor to the south. Its real estate prices are fairly similar. The cost of the median home in Funkstown is $158,400, which is $2,700 (1%) higher than Hagerstown. Its rents are a little less expensive. Funkstown's median rent is $700 per month, which is $132 (18%) lower than Hagerstown.
Halfway
Halfway is Hagerstown's neighbor to the southwest. The real estate prices there are somewhat more expensive. The median home price in Halfway is $178,200, which is $22,500 (12%) higher than Hagerstown. Its rents are a little more expensive. Halfway's median rent is $890 a month, which comes out to $58 (6%) higher than Hagerstown.
Robinwood
Robinwood is Hagerstown's neighbor to the east. The housing prices there are a lot more expensive. The median home in Robinwood costs $276,200, which works out to $120,500 (43%) higher than Hagerstown. Rents there are a little more expensive. In Robinwood the median monthly rent is $1,101, which works out to $269 (24%) higher than Hagerstown.
Paramount-Long Meadow
Paramount-Long Meadow is Hagerstown's neighbor to the northeast. The real estate prices there are a lot more expensive. The median home in Paramount-Long Meadow costs $273,700, which comes out to $118,000 (43%) higher than Hagerstown. Rent there is a little more expensive. The median rent in Paramount-Long Meadow is $1,172 a month, which comes out to $340 (29%) higher than Hagerstown.
Maugansville
Maugansville is approximately 3 miles north from Hagerstown. Its housing prices are somewhat more expensive. The median home in Maugansville is valued at $191,100, which works out to $35,400 (18%) higher than Hagerstown. Its rents are somewhat more expensive. The median monthly rent in Maugansville is $924, which works out to $92 (9%) higher than Hagerstown.