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Hagerstown city, MD

ZIP 21740 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLarge CommunityLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 21740

Median Home Value
$241,600
Median Rent
$875
Affordability Snapshot
$67,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,552/mo PITI).

18%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.1x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

23.0 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 21740 in Hagerstown city, MD, a household would need roughly $67,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,552. That is roughly in line with the local median household income ($59,410). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
55.2%-16% vs US avg
x
Vacancy Rate
7.7%-25% vs US avg
x
Broadband Access
86.6%-0% vs US avg
x
4+ Bedrooms
3.9%-74% vs US avg
x
Built Pre-1939
3.9%-70% vs US avg
x
Built Post-2014
0.4%-94% vs US avg
x
Rent Burden >30%
24.3%-51% vs US avg
x
Mortgage-Free
33.4%-13% vs US avg
x
$241,600
Home Value
$875
Rent
1971
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached49.1%
  • 1-unit attached22.8%
  • 2-9 units15.9%
  • 10+ units10.6%
  • Mobile home & other1.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$241,600
Median rent$875
Owner-occupied55.2%
Vacant7.7%
Price-to-income4.1x
Est. income to buy$67,000