Hagerstown, IN is a great place to buy a home. The median value of homes in the area is $157,100 which is comparably lower than the US housing median value of $338,100. This allows for potential buyers to purchase a home in the area at a more affordable price. Furthermore, the one year house appreciation rate in Hagerstown stands at 13.04%, which is higher than the US housing appreciation rate of 8.27%. This indicates that investing in real estate in Hagerstown can be quite profitable.
The median home cost in Hagerstown is $157,100. Home appreciation the last 10 years has been 73.6%. Home Appreciation in Hagerstown is up 15.1%.
Average Age of Homes
- The median age of Hagerstown real estate is 69 years old
The Rental Market in Hagerstown
- Renters make up 22.3% of the Hagerstown population
- 2.1% of houses and apartments in Hagerstown, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.