St. James: Housing & Real Estate
St. James homes sell at a median $409,000 (estimated market value runs 11% higher at $455,383), with median rent $1,289 (1.2× higher than Washington County median $1,049; 1.3× below Maryland median $1,612). Homeownership rate: 79.9%. That's 1.6× higher than the Washington County median ($262,400); about the same as the Maryland median ($392,037). Market is warm. Vacancy rate 3.0%. New construction makes up 25.7% of stock. A municipal building code is in effect.
- 4.2× annual income — home value vs. household income (vs Maryland 3.8×).
- 26.4 years to break even renting at the median (vs Maryland 20y).
- 4-BR rent is 2.2× a studio — rent gradient by unit size.
Home Values & Rent
Median home value $409,000 — 1.0× the Maryland median ($392,037). Median rent $1,289/month. homeownership rate 79.9% — above the U.S. share of ~65%.
| Affordability · Home Price To Income | 4.2× |
|---|---|
| Affordability · Home Affordability | moderate |
| Affordability · Rent Pct Income | 15.4% |
| Affordability · Rent Affordability | affordable |
| Affordability · Pct Severely Rent Burdened | 12.9% |
| Affordability · Poverty Rate | 4.1% |
| Affordability · Property Tax Pct Income | 2.9% |
| Fair Market Rent · Studio rent | $869 |
| Fair Market Rent · One-bedroom rent | $961 |
| Fair Market Rent · Two-bedroom rent | $1,261 |
| Fair Market Rent · Three-bedroom rent | $1,700 |
| Fair Market Rent · Four-bedroom rent | $1,901 |
| Fair Market Rent · HUD FMR area | Hagerstown, MD HUD Metro FMR Area |
| Fair Market Rent · Fiscal year | FY2026 |
| Home Value Estimate | $455,383 |
| Median Home Value | $409,000 (vs Maryland $392,037) |
| Median Rent | $1,289 (vs Maryland $1,612) |
Sources: HUD FMR FY2026 · Census ACS 5-Year 2023, B25077 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Tenure & Occupancy
Owner-occupied vs renter-occupied housing units, plus vacancy rates.
| Housing Market · Market temperature | warm |
|---|---|
| Housing Market · Vacancy rate | 3.0% |
| Housing Market · New construction (% of stock) | 25.7% |
| Housing Market · Price Appreciation 2Yr | 4.7% |
Utilities
Electricity, water, and broadband infrastructure serving residents. Broadband percentages reflect the share of premises that can subscribe to service at the listed speed (FCC Form 477).
Systems (5)
| Broadband · % of premises with 25/3 Mbps broadband | 100.0% |
|---|---|
| Broadband · % of premises with 100/20 Mbps broadband | 100.0% |
| Broadband · % of premises with 250/25 Mbps broadband | 100.0% |
| Broadband · % of premises with 1 Gbps / 100 Mbps broadband | 79.6% |
| Broadband · Broadband-capable premises | 1,719 |
| Electricity · Electricity rate (¢/kWh) | 17.86¢/kWh |
| Electricity · Customers | 2,451,753 |
| Electricity · Revenue Millions | $4,880 |
| Electricity · Year | 2024 |
| Mobile Broadband · 3G mobile coverage | 0% |
| Mobile Broadband · 4G mobile coverage | 100% |
| Mobile Broadband · 5G mobile coverage | 100% |
| Mobile Home Parks Detail · County total | 6 |
Sources: FCC BDC Jun 2025 · EIA Annual Retail Sales 2023 · FCC BDC Mobile 2024 · HIFLD / IRS BMF · Refreshed 2026-04-12
Other
| Homeownership Rate | 79.9% |
|---|---|
| Median Year Built | 2000 |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12