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Hagerstown, IN

Full City Profile · Indiana · Wayne County County

3.1 /5.0
B Good
1,710 Population 1,295/sq mi density
$59,350 Median Income $28,830 per capita
$115,600 Home Value $201,701 Zillow
$732 Median Rent 27.8% income on rent
50°F Avg Temperature 297 sunny days/yr
659 Violent Crime/100K 240 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$59,350 median income, 1.8% unemployment
A+
Affordability
5.0 / 5.0
$115,600 home value, $732/mo rent
F
Safety
1.0 / 5.0
659 violent crimes/100K (73% above avg)
C
Education
2.4 / 5.0
17.3% bachelor's degree or higher

Housing Overview

Median Home Value
$115,600
59% below
US avg: $281,900
Median Rent
$732/mo
37% below
US avg: $1,163/mo
Homeownership Rate
77.7%
19% above US avg (65.4%)
Total Housing Units
803
Median year built: 1946

Home Value by Source

Census Median
$115,600
Zillow (ZHVI)
$201,701
Median Sale Price
$130,000
Median List Price
$164,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

77.7%
Owner-Occupied
22.3%
Renter-Occupied
78%
22%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent: $732/mo

Market Indicators (Redfin)

Median Days on Market
22 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$129
Active Inventory
5
homes for sale

Affordability & Housing Stock

Rent Burden
27.8%
of renters spending 30%+ of income on housing
10% below US avg (31.0%)
Median Year Built
1946
Average age of housing stock: 80 years
Homeownership Rate
77.7%

Complete Housing Data

Home Values

Census Median Value$115,600
Zillow Home Value (ZHVI)$201,701
Median Sale Price$130,000
Median List Price$164,900
Price Per Sq Ft$129

Rent

Census Median Rent$732
FMR Studio$816
FMR 1-Bedroom$882
FMR 2-Bedroom$1,096
FMR 3-Bedroom$1,391
FMR 4-Bedroom$1,590

Market

Days on Market22
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold1
Active Inventory5
Price Per Sq Ft$129

Ownership & Stock

Owner-Occupied77.7%
Renter-Occupied22.3%
Homeownership Rate77.7%
Total Housing Units803
Median Year Built1946
Rent Burden27.8%