Hagerstown, MD

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Hagerstown short-term rental market based on reliable data.

Listings

90 / 238

Reliable / Active

Cap Rate

8%

Middle-Earners Gross Yield

Revenue

$22,712

Middle-Earners Revenue

Occupancy

63%

Middle-Earners Occupancy

Home Value

$304,072

Median Home Sale Price

Top Earners

$40,804

Top-Earners Revenue

Hagerstown

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Hagerstown.

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B

Generally Investor friendly

Hagerstown Regulations

STRs are explicitly allowed with a clear, formal licensing path and moderate, predictable costs (annual $150–$300 fees, triennial inspections, $1M liability insurance). Occupancy and parking caps and required trainings are restrictive but manageable, making compliance feasible for investors.

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About Hagerstown

Hagerstown sits in Washington County in western Maryland, a city of roughly 40,000 residents that has long carried the nickname "Hub City" because of its position at the crossroads of Interstates 70 and 81. Founded in the 1730s by German colonist Jonathan Hager, the city blends frontier-era roots with the energy of a regional commercial and transportation center. It serves as a convenient gateway to Civil War battlefields, the Blue Ridge Mountains, and outdoor recreation across the tri-state area, and it lies approximately 70 miles west-northwest of Baltimore and a similar distance northwest of Washington, D.C., making it easy to reach for travelers moving through the Mid-Atlantic.

Just south of the city, Antietam National Battlefield preserves the site of the bloodiest single day in American military history, fought on September 17, 1862. The park's fields, sunken roads, and Dunker Church are interpreted through a visitor center and a self-guided auto tour, and it sits only about ten or twelve miles from downtown Hagerstown, an easy day trip for history-minded guests staying in the area.

To the east of town, South Mountain State Park and the adjacent Washington Monument State Park anchor a stretch of the Blue Ridge that draws hikers, picnickers, and leaf-peepers in autumn. The stone monument, completed in 1827, was the first in the country built to honor George Washington, and the surrounding trail network weaves along ridgelines with views over the Middletown Valley and the surrounding farmland.

Downtown Hagerstown forms a walkable historic core around the Public Square and City Park, where the Jonathan Hager House, a stone frontier home dating to 1739, stands as a small museum of pioneer life in the valley. Nearby, the Hagerstown Roundhouse Museum, set in a restored nineteenth-century railroad roundhouse, offers a look at the rail heritage that gave the city its "Hub City" identity, while a cluster of preserved Victorian and Italianate facades gives the district a distinct nineteenth-century character that pairs well with an evening out.

Hagerstown's combination of affordability, interstate access, and proximity to both Civil War sites and outdoor recreation makes it a practical base for short-term rentals. Guests can spend a morning on the Antietam battlefield, an afternoon hiking South Mountain, and an evening exploring a historic downtown, all within a short drive, and the city is well positioned to capture travelers bound for the Blue Ridge, the Chesapeake & Ohio Canal region, or weekend getaways from the Washington–Baltimore corridor.

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