All Countries
Hancock, MD
Full City Profile · Maryland · Morgan County County
2.9
/5.0
C+
Fair
1,715
Population
576/sq mi density
$39,375
Median Income
$28,355 per capita
$175,000
Home Value
$248,337 Zillow
$928
Median Rent
46.7% income on rent
52°F
Avg Temperature
293 sunny days/yr
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$39,375 median income, 2.5% unemployment
A
Affordability
4.2 / 5.0
$175,000 home value, $928/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
D
Education
1.8 / 5.0
10.1% bachelor's degree or higher
Housing Overview
Median Home Value
$175,000
38% below
US avg: $281,900
Median Rent
$928/mo
20% below
US avg: $1,163/mo
Homeownership Rate
54.9%
16% below US avg (65.4%)
Total Housing Units
834
Median year built: 1956
Home Value by Source
Census Median
$175,000
Zillow (ZHVI)
$248,337
Median Sale Price
$477,450
Median List Price
$257,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
54.9%
Owner-Occupied
45.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,312/mo
1 Bedroom
$1,400/mo
2 Bedroom
$1,648/mo
3 Bedroom
$2,123/mo
4 Bedroom
$2,442/mo
Census median rent:
$928/mo
Market Indicators (Redfin)
Median Days on Market
81 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
50.0%
of listings with price reduction
Price Per Sq Ft
$277
Active Inventory
4
homes for sale
Affordability & Housing Stock
Rent Burden
46.7%
of renters spending 30%+ of income on housing
51% above US avg (31.0%)
Median Year Built
1956
Average age of housing stock: 70 years
Homeownership Rate
54.9%
Complete Housing Data
Home Values
| Census Median Value | $175,000 |
| Zillow Home Value (ZHVI) | $248,337 |
| Median Sale Price | $477,450 |
| Median List Price | $257,500 |
| Price Per Sq Ft | $277 |
Rent
| Census Median Rent | $928 |
| FMR Studio | $1,312 |
| FMR 1-Bedroom | $1,400 |
| FMR 2-Bedroom | $1,648 |
| FMR 3-Bedroom | $2,123 |
| FMR 4-Bedroom | $2,442 |
Market
| Days on Market | 81 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 50.0% |
| Homes Sold | 2 |
| Active Inventory | 4 |
| Price Per Sq Ft | $277 |
Ownership & Stock
| Owner-Occupied | 54.9% |
| Renter-Occupied | 45.1% |
| Homeownership Rate | 54.9% |
| Total Housing Units | 834 |
| Median Year Built | 1956 |
| Rent Burden | 46.7% |