Hagerstown, MD home prices
Typical home $322,655 · +2.3% in a year · income needed $91,000
The Hagerstown, MD metro area ranks 273 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +2.3% in a year and +26.5% over five years. With 20% down at 7.11%, the typical home costs about $2,123 a month including 0.84% property tax (Washington County rate).
Mortgage on the typical Hagerstown home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $64,531 | $258,124 | $1,736 | $0 | $387 | $2,123 | $91,000 |
| 10% down | $32,266 | $290,390 | $1,953 | $121 | $387 | $2,461 | $105,500 |
| 5% down | $16,133 | $306,522 | $2,062 | $128 | $387 | $2,576 | $110,400 |
| 3.5% down (FHA) | $11,293 | $316,811 | $2,131 | $143 | $387 | $2,661 | $114,000 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.84% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Hagerstown area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Washington County, MD | $327,924 | +0.5% | 0.84% |
| Berkeley County, WV | $321,823 | +3.6% | 0.52% |
| Morgan County, WV | $303,645 | +4.4% | 0.47% |
What can you afford in Maryland on your salary? · Maryland home prices · Salaries in Maryland
Frequently asked questions
How much is a house in Hagerstown?
The typical home in the Hagerstown, MD metro area is worth $322,655 (Zillow, September 2026).
What salary do you need to buy a house in Hagerstown?
About $91,000 a year for the typical home with 20% down at 7.11%.