The story of this market
The typical home in ZIP 21740 sells for about $299,000, or $192 per square foot.
Prices are up +1.3% from a year ago, so sellers still have some momentum. Homes take about 50 days to sell. HUD's fair market rent for a two-bedroom is $1,080 a month.
ZIP 21740 — Hagerstown
The 21740 housing market is currently balanced, with a median sale price of $299,000 and moderate sales velocity. While inventory remains available, the market is cooling slightly compared to previous years, driven by broader economic factors and interest rate sensitivity. Investors and buyers should note the 8.1% vacancy rate and the importance of local market knowledge in this price-sensitive area.
This ZIP is well-suited for budget-conscious family buyers and commuters who prioritize access to major highway corridors over luxury amenities.
Median prices moved up 1.3% year over year.
Homes spend a median of 50 days on market with 16.6 months of supply — a slower-moving market.
17% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.7% · poverty 17.3% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 21740, Washington County MD
Crime rates in Hagerstown are generally higher than the national average, with property crime being the most frequently reported issue in the urban core.
Schools in the 21740 area are part of the Washington County Public Schools system, which maintains a mix of ratings ranging from below average to average.
The area is subject to standard regional risks including localized flooding near water bodies and occasional severe wind events, with insurance premiums reflecting these moderate hazard profiles.
Hagerstown serves as a logistics and distribution hub due to its proximity to major interstate corridors, with ongoing efforts to revitalize the downtown arts and entertainment district.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Maryland) — Maryland Real Property Assessment and Taxation: Property is assessed at its phased-in use value. The tax is calculated by multiplying the assessed value by the applicable state and local tax rates.
Residents benefit from direct access to I-70 and I-81, facilitating commutes to regional employment centers in Maryland, Pennsylvania, and West Virginia.
The area features access to City Park, the Hagerstown Cultural Trail, and various local golf courses, with major retail shopping concentrated along the Dual Highway corridor.
The rental market shows moderate demand with an 8.1% vacancy rate, reflecting a balance between supply and the needs of a workforce-heavy tenant base.
The economy is anchored by logistics, manufacturing, and healthcare, with major employers including Meritus Health and various distribution centers along the I-81 corridor.
The area is served by the Hagerstown Regional Airport and a network of state highways, with limited public transit options primarily focused on the city center.
Development is focused on infill projects in the downtown area and expansion of industrial/logistics parks on the city periphery.
The Washington County Department of Assessments and Taxation conducts triennial assessments to determine property values for tax purposes.
Parcels are subject to Washington County Public Schools district taxes and municipal service fees where applicable.
Property insurance premiums are stable but sensitive to regional weather patterns, including wind and storm-related risks.
Data retrieved from data.census.gov ZCTA 21740 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Sky Zone Hagerstown4.42 mi
- Fun Castle4.510.9 mi
- Tilt Studio3.52.1 mi
- Springfield Manor Winery Distillery Brewery4.316.6 mi
- Big Cork Vineyards4.714.3 mi
- Musket Ridge Golf Club4.613.7 mi
- Hagerstown Speedway4.46.3 mi
- Tomahawk MX4.818.7 mi
- Antietam National Battlefield4.911 mi
- Warehouse Cinemas Leitersburg4.75.3 mi
- High Rock4.712.1 mi
- Annapolis Rock & Black Rock Cliff Trailhead4.89.3 mi
- Crystal Grottoes Caverns4.59.4 mi
- Antietam National Battlefield4.911 mi
- Crystal Grottoes Caverns4.59.4 mi
- Fort Frederick State Park4.714.5 mi
- The Maryland Theatre4.71.2 mi
- Washington Monument State Park4.710.6 mi
- Greenbrier State Park4.58.6 mi
- Antietam National Battlefield4.911 mi
- High Rock4.712.1 mi
- Annapolis Rock & Black Rock Cliff Trailhead4.89.3 mi
- Hagerstown City Park4.60.7 mi
- Black Rock Golf Course4.43.9 mi
- Greencastle Golf Club4.513 mi
- Fountain Head Country Club4.63.6 mi
- Beaver Creek Country Club4.55.9 mi
- Hagerstown Greens At Hamilton41.5 mi
- Hagerstown Premium Outlets4.21.3 mi
- Valley Mall4.22 mi
- Pennsylvania Dutch Market4.73.1 mi
- Ross Dress for Less42.2 mi
- Marshalls4.32.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
A historic park featuring lakes, museums, and walking paths.
A downtown hub for galleries, theaters, and local dining.
The primary regional shopping destination serving the Hagerstown area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.