How much is a home worth in ZIP code 21742?

The typical home in 21742 is worth $349,185, based on the Zillow Home Value Index.

Are home values rising in 21742?

Home values in 21742 are up 1.5% over the past year, and up 4.9% a year over five years.

What is the typical rent in 21742?

A typical home in 21742 rents for about $1,582 a month, a gross rental yield of 5.4%.

What is the property tax rate in 21742?

The effective property tax rate in 21742 is 0.9% — roughly $3,029 a year on a typical home.

ZIP code 21742 has a population of 34,069 and a median household income of $86,288.

HousingHandbookReference data

…

U.S. ZIP Code · MD21742

Washington County · Hagerstown-Martinsburg, MD-WV

Typical home value

$349,185^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.5%
5-year / yr: +4.9%
10-year / yr: +5.3%

Relative price

vs U.S.: +22.9%
vs metro: +5.5%
vs state: -22.5%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 21742 is worth $349,185 — 5.5% above the Hagerstown-Martinsburg, MD-WV median. Over the past year, values have risen 1.5%. Homes here rent for a typical $1,582 a month — a 5.4% gross rental yield. The effective property tax rate is 0.9%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,582^[2]
Gross yield: 5.4%^[2]
Cap rate: 3.3%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.9%^[3]
Typical annual tax: $3,029^[3]

#Climate risk

FEMA National Risk Index ratings for Washington County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Low^[4]
Riverine flood: Relatively Moderate
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: Relatively Moderate
Heat wave: Relatively Moderate
Hurricane: Relatively Moderate
Tornado: Relatively Low
Earthquake: Relatively Low
Winter weather: Relatively Moderate

#Who lives here

Population: 34,069^[3]
Median household income: $86,288^[3]

#Migration

Household moves in and out of Washington County over a year, from IRS tax-return data.

Net migration: +198^[5]
Moved in: 4,137
Moved out: 3,939

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 8
Elementary: 6
Middle: 1
High: 1

North Hagerstown High
High · Grades 9–12 · Washington County Public Schools
1,558 students
Northern Middle
Middle · Grades 6–8 · Washington County Public Schools
822 students
Ruth Ann Monroe Primary
Elementary · Grades PK–2 · Washington County Public Schools
584 students
Eastern Elementary
Elementary · Grades 3–5 · Washington County Public Schools
440 students
Paramount Elementary
Elementary · Grades PK–5 · Washington County Public Schools
416 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield5.4%

Net yield (after ~40% expenses)3.3%

Annual rent$18,987

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,766

Loan principal$279,348

Down payment$69,837

Total interest paid$356,293

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.46

Monthly cost to own$2,310

Monthly rent$1,582

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 39th percentile^[1]
Rental yield: 13th percentile^[2]
Property tax: 88th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 21742?: The typical home in 21742 is worth $349,185, based on the Zillow Home Value Index.
Are home values rising in 21742?: Home values in 21742 are up 1.5% over the past year, and up 4.9% a year over five years.
What is the typical rent in 21742?: A typical home in 21742 rents for about $1,582 a month, a gross rental yield of 5.4%.
What is the property tax rate in 21742?: The effective property tax rate in 21742 is 0.9% — roughly $3,029 a year on a typical home.
Who lives in 21742?: ZIP code 21742 has a population of 34,069 and a median household income of $86,288.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

21782 vs 21742 →
Mercersville CDP, MD
Typical home
$348,732
Gross yield
—
25420 vs 21742 →
Inwood CDP, WV
Typical home
$351,696
Gross yield
—
21711
Pecktonville CDP, MD
Typical home
$345,499
Gross yield
—
21795
Halfway CDP, MD
Typical home
$342,161
Gross yield
—
25427
Hedgesville, WV
Typical home
$334,100
Gross yield
—
25413
Inwood CDP, WV
Typical home
$328,066
Gross yield
7.1%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 21742 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · MD21742

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