127 E Lee St · Hagerstown, MD
Flood risk 8/10 · Major
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.99%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $755 – $1,403
Heat risk 5/10 · Moderate
- Hot days now (above 101°F)
- 7 days/yr
- Hot days in 30 yrs
- 17 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- 2.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +24.5/30.0
- DSCR +7.9/10.0
- ARV discount +6.4/15.0
- 1% rule +5.4/10.0
- Livability +3.9/5.0
- Rent growth +3.5/5.0
- Condition / age +2.5/5.0
- Schools +2.3/10.0
- Appreciation +0.0/10.0
$129,900
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Turnkey investment opportunity with immediate cash flow! Calling all investors! * * * This well-maintained 2-bedroom, 1-bath home is tenant-occupied with a lease in place through December, generating $1,155/month in rental income, with the tenant responsible for all utilities. * * * The home has been well cared for by both owner and tenant—clean as can be! A great tenant is already in place, making this a smooth and reliable addition to any portfolio. * * * Recent updates include updated interior paint and brand-new carpeting throughout, helping minimize upfront costs. Additional features include a walk-up attic for storage or potential future use, a large fenced-in yard, and off-street parking. * * * * Strong rental income at this price point offers excellent investment potential. Whether you’re looking to expand your rental portfolio or secure a property to make your own after the lease expires, this home provides both immediate income and future upside. * * * Priced to sell—don’t miss this opportunity!
Key facts
- 2 parking spots
- Built 1918
- Listed 38 days
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath townhouse listed at $130k.
Deal economics
- At list price, monthly cash flow is $212 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $130k).
- Recommended offer: $126k (3.0% below list) — sets the bar for market timing.
- Cap rate 8.8% vs local median 4.4% in Hagerstown — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 77/100 on livability (#83 in MD, #3,170 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, health & safety A+; Watch: schools C-, crime F, employment F.
- Washingtion County Public Schools (suburban): math 18% / reading 33% proficiency, ranked #13 of 24 in MD (top 54%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
- Market conditions: Rents rising fast (+4.0%/yr); 368 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 58% of comp listings sitting > 30 days — soft ceiling on asking rent; 232 units permitted in Washington County in 2024 (12 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $898 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
Negotiation context
- It's been on market 38 days — a 3% lower offer ($126k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts since 22y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
- Current owner paid $42k; list at $130k implies a 213% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: flood insurance adds $56/mo; built in 1918 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: severe flood risk; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 38 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Built in 1918 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.04% ✓
- Cap rate
- 8.76%
- Cash-on-cash
- 8.82%
- DSCR
- 1.39
- GRM
- 8.0
CMA / ARV
- ARV (median comp)
- $126,901
- List price
- $129,900
- Delta
- 2.36%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 230 S Potomac St | 0.18mi | 2/1.0 | 1,072 (+6%) | 1mo | $60,000 | $56 | 80 |
| 360 S Cannon Ave | 0.35mi | 2/1.5 | 1,008 (0%) | 3mo | $110,000 | $109 | 79 |
| 119 N Mulberry St | 0.51mi | 2/1.0 | 1,000 (-1%) | 2mo | $155,000 | $155 | 73 |
| 138 E Antietam St #303 | 0.28mi | 2/1.0 | 923 (-8%) | 0mo | $120,000 | $130 | 72 |
| 356 S Cannon Ave | 0.37mi | 3/2.0 (+1) | 1,008 (0%) | 9mo | $165,000 | $164 | 67 |
| 123-1/2 Locust St | 0.22mi | 3/1.0 (+1) | 1,092 (+8%) | 6mo | $175,000 | $160 | 66 |
| 238 N Locust St | 0.65mi | 2/1.0 | 1,008 (0%) | 14mo | $110,000 | $109 | 58 |
| 807 Maryland Ave | 0.69mi | 2/1.0 | 1,036 (+3%) | 14mo | $139,000 | $134 | 52 |
| 110 N Mulberry St | 0.49mi | 2/1.5 | 900 (-11%) | 10mo | $120,000 | $133 | 49 |
| 236 N Locust St | 0.65mi | 2/1.0 | 896 (-11%) | 4mo | $109,000 | $122 | 48 |
| 805 Maryland Ave | 0.69mi | 2/1.0 | 1,106 (+10%) | 12mo | $150,000 | $136 | 41 |
| 330 N Cannon Ave | 0.71mi | 2/1.0 | 912 (-10%) | 13mo | $150,000 | $164 | 40 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 4.0% rent growth · sell at horizon
- IRR
- -4.5%
- Equity multiple
- 0.83×
- Total profit
- $-6,195
- Equity at exit
- $19,369
- IRR
- 6.2%
- Equity multiple
- 1.49×
- Total profit
- $17,690
- Equity at exit
- $11,231
Cash invested: $36,372 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 27 Tenant-Leaning
- State Maryland
- 27 Tenant-Leaning · D+14
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 21740
- Rents YoY
- 4.0%
- Active inventory
- 368
- Price-to-rent
- 8.0×
Monthly cashflow live
- Estimated rent
- $1,349 high interval (Pro) →
- Mortgage (P&I)
- −$681
- Tax from tax record
- −$63 /mo · $757/yr
- Insurance
- −$54
- Flood insurance flood zone
- −$56 /mo · $666/yr
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$283
- Net cashflow
- $212
Break-even live
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $32,475
- Closing costs
- $3,897
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 338 S Locust St Hagerstown, MD | 3.0 | 1.5 | 1320 | $1,600 | $1.21 | 20d | 1 | 0.11mi |
| 124 Ray St Hagerstown, MD | 3.0 | 1.0 | 960 | $1,500 | $1.56 | 20d | 1 | 0.11mi |
| 326 S Potomac St #1 Hagerstown, MD | 2.0 | 1.0 | 1050 | $1,400 | $1.33 | 43d | 1 | 0.13mi |
| 326 S Potomac St #2 Hagerstown, MD | 2.0 | 1.0 | 1350 | $1,500 | $1.11 | 43d | 1 | 0.13mi |
| 37 E Baltimore St Unit 2FAAPT A Hagerstown, MD | 1.0 | 1.0 | 700 | $1,000 | $1.43 | 43d | 1 | 0.17mi |
| 103 E Washington St Unit 1E Hagerstown, MD | 3.0 | 1.0 | 1200 | $1,200 | $1.00 | 13d | 1 | 0.34mi |
| 50 Rochester Pl Unit 23 Hagerstown, MD | 2.0 | 1.0 | 900 | $1,275 | $1.42 | 43d | 1 | 0.37mi |
| 60 E Washington St Apt 1E Hagerstown, MD | 3.0 | 1.5 | 1300 | $1,500 | $1.15 | 20d | 1 | 0.37mi |
| 40 E Washington St Unit 2B Hagerstown, MD | 2.0 | 1.0 | 800 | $1,000 | $1.25 | 43d | 1 | 0.38mi |
| 165 Summit Ave Unit 5 Hagerstown, MD | 1.0 | 1.0 | 913 | $1,100 | $1.20 | 43d | 1 | 0.42mi |
| 149 E Franklin St Hagerstown, MD | 2.0 | 1.0 | 850 | $1,250 | $1.47 | 43d | 1 | 0.44mi |
| 44 E Franklin St Unit 3W Hagerstown, MD | 1.0 | 1.5 | 750 | $995 | $1.33 | 13d | 1 | 0.48mi |
| 231 S Prospect St Apt B Hagerstown, MD | 1.0 | 1.0 | 1350 | $1,250 | $0.93 | 43d | 1 | 0.48mi |
| 42 E Franklin St Hagerstown, MD | 3.0 | 1.5 | 1200 | $1,350 | $1.12 | 43d | 1 | 0.48mi |
| 115 N Locust St Hagerstown, MD | 1.0 | 1.0 | 768 | $1,200 | $1.56 | 43d | 1 | 0.49mi |
| 92 W Washington St Unit 405 Hagerstown, MD | 2.0 | 1.0 | 1083 | $1,650 | $1.52 | 43d | 1 | 0.51mi |
| 92 W Washington St Unit 202 Hagerstown, MD | 1.0 | 1.0 | 741 | $1,335 | $1.80 | 43d | 1 | 0.51mi |
| 92 W Washington St Unit 312 Hagerstown, MD | 1.0 | 1.0 | 709 | $1,400 | $1.97 | 43d | 1 | 0.51mi |
| 92 W Washington St Unit 204 Hagerstown, MD | 1.0 | 1.0 | 856 | $1,425 | $1.66 | 43d | 1 | 0.51mi |
| 92 W Washington St Unit 206 Hagerstown, MD | 2.0 | 2.0 | 803 | $1,450 | $1.81 | 43d | 1 | 0.51mi |
| 92 W Washington St Unit 403 Hagerstown, MD | 2.0 | 1.5 | 924 | $1,550 | $1.68 | 43d | 1 | 0.51mi |
| 92 W Washington St Unit 410 Hagerstown, MD | 3.0 | 1.5 | 1415 | $1,795 | $1.27 | 43d | 1 | 0.51mi |
| 382 S Cleveland Ave Unit 5 Hagerstown, MD | 1.0 | 1.0 | 900 | $1,100 | $1.22 | 13d | 1 | 0.51mi |
| 382 S Cleveland Ave Unit 4 Hagerstown, MD | 2.0 | 1.0 | 900 | $1,200 | $1.33 | 13d | 1 | 0.51mi |
| 115 N Potomac St Unit 2 Hagerstown, MD | 2.0 | 1.0 | 1200 | $1,250 | $1.04 | 20d | 1 | 0.54mi |
| 115 East Ave Unit 2 Hagerstown, MD | 2.0 | 1.0 | 1200 | $1,400 | $1.17 | 43d | 1 | 0.55mi |
| 235 East Ave Hagerstown, MD | 2.0 | 1.0 | 1200 | $1,200 | $1.00 | 13d | 1 | 0.55mi |
| 207 N Mulberry St Unit 3 Hagerstown, MD | 2.0 | 1.0 | 940 | $1,130 | $1.20 | 20d | 1 | 0.57mi |
| 207 N Mulberry St Unit 2 Hagerstown, MD | 1.0 | 1.0 | 740 | $1,180 | $1.59 | 20d | 1 | 0.57mi |
| 210 N Locust St Hagerstown, MD | 3.0 | 1.0 | 1476 | $1,275 | $0.86 | 20d | 1 | 0.58mi |
| 311 Jefferson St Unit 311 Hagerstown, MD | 3.0 | 1.5 | 1200 | $1,550 | $1.29 | 43d | 1 | 0.64mi |
| 307 N Locust St Hagerstown, MD | 3.0 | 1.0 | 1140 | $1,490 | $1.31 | 43d | 1 | 0.68mi |
| 322 N Cannon Ave Hagerstown, MD | 3.0 | 1.5 | 1488 | $1,800 | $1.21 | 13d | 1 | 0.68mi |
| 27 Bethel St Hagerstown, MD | 2.0 | 1.0 | 954 | $950 | $1.00 | 43d | 1 | 0.71mi |
| 327 N Mulberry St Hagerstown, MD | 2.0 | 1.0 | 700 | $1,030 | $1.47 | 20d | 1 | 0.71mi |
| 231 N Cleveland Ave Unit 2 Hagerstown, MD | 1.0 | 1.0 | 800 | $950 | $1.19 | 13d | 1 | 0.73mi |
| 828 S Potomac St Hagerstown, MD | 1.0 | 1.0 | 819 | $1,185 | $1.45 | 13d | 1 | 0.74mi |
| 62 Bethel St Hagerstown, MD | 3.0 | 1.5 | 1088 | $1,700 | $1.56 | 43d | 1 | 0.75mi |
| 909 Corbett St Hagerstown, MD | 3.0 | 2.5 | 1276 | $2,695 | $2.11 | 13d | 1 | 0.82mi |
| 441 N Potomac St Hagerstown, MD | 2.0 | 1.0 | 970 | $1,350 | $1.39 | 43d | 1 | 0.88mi |
Listing history 23 events
-
2026-06-13status $129,900 Pending 38 DOM
-
2026-06-10days on market $129,900 Active 38 DOM
-
2026-06-09days on market $129,900 Active 37 DOM
-
2026-06-08days on market $129,900 Active 36 DOM
-
2026-06-07days on market $129,900 Active 35 DOM
-
2026-06-03days on market $129,900 Active 31 DOM
-
2026-06-02days on market $129,900 Active 30 DOM
-
2026-06-01days on market $129,900 Active 29 DOM
-
2026-05-31days on market $129,900 Active 28 DOM
-
2026-05-30days on market $129,900 Active 27 DOM
-
2026-05-16status Pending 1068-char remark
Show marketing remark (1068 chars)
Turnkey investment opportunity with immediate cash flow! Calling all investors! * * * This well-maintained 2-bedroom, 1-bath home is tenant-occupied with a lease in place through December, generating $1,155/month in rental income, with the tenant responsible for all utilities. * * * The home has been well cared for by both owner and tenant—clean as can be! A great tenant is already in place, making this a smooth and reliable addition to any portfolio. * * * Recent updates include updated interior paint and brand-new carpeting throughout, helping minimize upfront costs. Additional features include a walk-up attic for storage or potential future use, a large fenced-in yard, and off-street parking. * * * * Strong rental income at this price point offers excellent investment potential. Whether you’re looking to expand your rental portfolio or secure a property to make your own after the lease expires, this home provides both immediate income and future upside. * * * Priced to sell—don’t miss this opportunity!
-
2026-05-08price $129,900 1068-char remark
Show marketing remark (1068 chars)
Turnkey investment opportunity with immediate cash flow! Calling all investors! * * * This well-maintained 2-bedroom, 1-bath home is tenant-occupied with a lease in place through December, generating $1,155/month in rental income, with the tenant responsible for all utilities. * * * The home has been well cared for by both owner and tenant—clean as can be! A great tenant is already in place, making this a smooth and reliable addition to any portfolio. * * * Recent updates include updated interior paint and brand-new carpeting throughout, helping minimize upfront costs. Additional features include a walk-up attic for storage or potential future use, a large fenced-in yard, and off-street parking. * * * * Strong rental income at this price point offers excellent investment potential. Whether you’re looking to expand your rental portfolio or secure a property to make your own after the lease expires, this home provides both immediate income and future upside. * * * Priced to sell—don’t miss this opportunity!
-
2026-04-23$135,000 Active 1068-char remark
Show marketing remark (1068 chars)
Turnkey investment opportunity with immediate cash flow! Calling all investors! * * * This well-maintained 2-bedroom, 1-bath home is tenant-occupied with a lease in place through December, generating $1,155/month in rental income, with the tenant responsible for all utilities. * * * The home has been well cared for by both owner and tenant—clean as can be! A great tenant is already in place, making this a smooth and reliable addition to any portfolio. * * * Recent updates include updated interior paint and brand-new carpeting throughout, helping minimize upfront costs. Additional features include a walk-up attic for storage or potential future use, a large fenced-in yard, and off-street parking. * * * * Strong rental income at this price point offers excellent investment potential. Whether you’re looking to expand your rental portfolio or secure a property to make your own after the lease expires, this home provides both immediate income and future upside. * * * Priced to sell—don’t miss this opportunity!
-
2026-04-08historical $135,000 1068-char remark
Show marketing remark (1068 chars)
Turnkey investment opportunity with immediate cash flow! Calling all investors! * * * This well-maintained 2-bedroom, 1-bath home is tenant-occupied with a lease in place through December, generating $1,155/month in rental income, with the tenant responsible for all utilities. * * * The home has been well cared for by both owner and tenant—clean as can be! A great tenant is already in place, making this a smooth and reliable addition to any portfolio. * * * Recent updates include updated interior paint and brand-new carpeting throughout, helping minimize upfront costs. Additional features include a walk-up attic for storage or potential future use, a large fenced-in yard, and off-street parking. * * * * Strong rental income at this price point offers excellent investment potential. Whether you’re looking to expand your rental portfolio or secure a property to make your own after the lease expires, this home provides both immediate income and future upside. * * * Priced to sell—don’t miss this opportunity!
-
2020-04-23soldstatus $41,500 Closed 440-char remark
Show marketing remark (440 chars)
List price to be opening bid. Semi-Detached Vacant Home in "Hagerstown" Improved by a 2 bedroom, 1 full bath semi-detached home in need of some rehab. The main level includes a living room, dining room and kitchen leading to side door/backyard. The upper level contains 2 bedrooms and a full bathroom. There is an entrance to a large attic space from one of the bedrooms. Features include wood floors, fenced in backyard and more!
-
2020-03-26status Pending 440-char remark
Show marketing remark (440 chars)
List price to be opening bid. Semi-Detached Vacant Home in "Hagerstown" Improved by a 2 bedroom, 1 full bath semi-detached home in need of some rehab. The main level includes a living room, dining room and kitchen leading to side door/backyard. The upper level contains 2 bedrooms and a full bathroom. There is an entrance to a large attic space from one of the bedrooms. Features include wood floors, fenced in backyard and more!
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2020-02-21$15,000 Active 440-char remark
Show marketing remark (440 chars)
List price to be opening bid. Semi-Detached Vacant Home in "Hagerstown" Improved by a 2 bedroom, 1 full bath semi-detached home in need of some rehab. The main level includes a living room, dining room and kitchen leading to side door/backyard. The upper level contains 2 bedrooms and a full bathroom. There is an entrance to a large attic space from one of the bedrooms. Features include wood floors, fenced in backyard and more!
-
2009-12-22soldstatus $80,000
-
2004-09-10soldstatus $40,000
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2004-08-25historical
-
2004-08-18$42,000
-
1996-11-01soldstatus $47,000
-
1996-06-27soldstatus $60,000
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast MD · Partial reset (capped growth)
- Current annual tax
- $757 · $63/mo
- Projected year-2 tax
- $1,086 · $91/mo
- Expected delta
- +$329/yr (+$27/mo · 43.5%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 8/10 Severe FEMA zone X (unshaded) · 99% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 5/10 Major 7 d/yr ≥101°F today · 17 d/yr by 30 yrs out
- Wind 2/10 Low 2% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $16,189
- − Mortgage interest
- −$7,276
- − Property taxes
- −$757
- − Insurance
- −$1,316
- − Repairs & maintenance
- −$1,295
- − Management
- −$1,295
- − Depreciation
- −$3,779
- Taxable income
- $470
- Est. tax owed @ 24.0%
- −$113
- After-tax cash flow
- $2,429/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Washingtion County Public Schools
- NCES district ID
- 2400660
- Math proficiency
- 18% ▼ -20.00%
- Reading proficiency
- 33% ▼ -17.00%
- Median HH income
- $54,784
- Composite
- 22.87/100
- National rank
- #8007
- State rank
- #13 of 24 in MD
Livability — Hagerstown
- Score
- 77/100
- State rank
- #83
- US rank
- #3170
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Hagerstown, MD
- County
- Washington County · 98,861 people
- City population
- 64,792
- Metro
- Hagerstown-Martinsburg, MD-WV
- Population (ZIP)
- 64,792
- Household income
- $62,873
- Rent vs Own
- Severe rent burden
- 2832.0
Population outlook (Washington County) Hauer SSP2
- Today (2025)
- 151,614 people
- By 2030
- 151,455 · -0.1%
- By 2040
- 150,097 · -1.0%
- By 2050
- 148,193 · -2.3%
- By 2075
- 146,581 · -3.3%
- By 2100
- 138,025 · -9.0%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Majority White (64%)
- Race & ethnicity
- White 64% Black 18% Two or more races 10% Hispanic / Latino 10% Asian 2%
- Hispanic origin (detail)
- Mexican 2% Puerto Rican 2% Dominican 2%
- Common ancestry
- Romanian 2% Lithuanian 1% Slovak 1%
- Foreign-born
- 9% · Canada, China
- Languages at home
- 86% English-only · Spanish 9% French/Haitian/Cajun 1% Chinese 1%
Political lean MEDSL · Washington
- 2024 margin
- Strong R (+23.0) · D 37.3% · R 60.4% · Other 2.3%
- 2008→2024 swing
- -10.2pp toward R · 2008: -12.9pp · 2024: -23.0pp
- All cycles
- 2024: R+23.0 2020: R+20.9 2016: R+32.4 2012: R+18.5 2008: R+12.9
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -248.38%
- Current HPI
- 264.8018
- Rent YoY
- ▲ 4.00%
- Metro
- Hagerstown-Martinsburg, MD-WV
- State GDP YoY
- ▲ 2.97%
- F500 in state
- 12
Industry mix (Fortune 500 HQ in MD)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Aerospace / Defense | 1 | $71B |
|
||
| Utilities | 1 | $25B |
|
||
| Hotels | 1 | $24B |
|
||
| Consumer Goods | 1 | $7B |
|
||
| Real Estate | 1 | $6B |
|
||
| Chemicals | 1 | $2B |
|
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Price history
+116.5% since first listed13 events — show timeline
- 2026-05-16 Pending — BRIGHT MLS
- 2026-05-08 Price Changed $129,900 BRIGHT MLS
- 2026-04-23 Listed $135,000 BRIGHT MLS
- 2026-04-08 Coming Soon $135,000 BRIGHT MLS
- 2020-04-23 Sold (MLS) $41,500 BRIGHT MLS
- 2020-03-26 Pending — BRIGHT MLS
- 2020-02-21 Listed $15,000 BRIGHT MLS
- 2009-12-22 Sold (Public Records) $80,000 Public Records
- 2004-09-10 Sold (MLS) $40,000 MRIS
- 2004-08-25 Delisted — MRIS
- 2004-08-18 Listed $42,000 MRIS
- 1996-11-01 Sold (Public Records) $47,000 Public Records
- 1996-06-27 Sold (Public Records) $60,000 Public Records
Property tax history
-2.5%/yrLatest (2025): $757 · +13.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…