Real Estate Investing in Sharpsburg, Maryland (21782)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 21782 (Sharpsburg, MD)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Sharpsburg, MD (21782)?
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Market Analysis: 21782 Sharpsburg
ZIP 21782 inside Washington County looks affordable on the surface — median value of $352K — but the discount exists for reasons that a careful buyer should understand before committing.
The 21782 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
ZIP 21782's metrics run below Washington County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The demographic picture in 21782 includes headwinds that any investor should price in. Income distribution skews lower than Sharpsburg averages, and tenant stability requires active management.
seems to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Sharpsburg:
Property Strategy for 21782
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $354,995 | $1,770 | 3.6% | +6.8% | $118,332 |
| 4BR | $471,759 | $1,970 | 3.0% | +7.2% | $117,940 |
Market Trends
Home Value History (with trend line)
📊 How Does 21782 Compare?
| Metric | 21782 | Sharpsburg | Maryland |
|---|---|---|---|
| Home Value | $352,151 | $352,151 | $424,997 |
| 5-Year CAGR | 3.6% | 3.6% | 4.9% |
| Avg Rent | $1,179 | $1,179 | - |
| Cap Rate | 2.6% | 2.6% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 21782 (Sharpsburg, MD). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $352,151 |
| Monthly Rent | $1,179 |
| Price-to-Rent | 24.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.0% |
| Cap Rate | 2.6% |
| 5-Year IRR | 6.2% |
📈 Home Appreciation
| 1-Year | +3.0% ▲ |
| 3-Year CAGR | +3.2% ▲ |
| 5-Year CAGR | +3.6% ▲ |
| 10-Year CAGR | +5.1% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 21782
Population: 4,056
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 21782
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 551 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What are vacancy rates like in Sharpsburg, MD?
Sharpsburg, MD sees elevated vacancy, which is reasonable relative to the broader MD rental market.
What is the typical home price in Sharpsburg, MD?
Homes in Sharpsburg, MD typically sell near $352K. Prices have moved at a 0.0% 5-year CAGR, which reliable long-term demand.
What do landlords charge for rent in Sharpsburg, MD?
Rent in Sharpsburg, MD is around $1,179/mo. The resulting rent-to-value relationship with $352K pricing is reasonable for most investor models.
What investment strategy works best in Sharpsburg, MD?
In Sharpsburg, MD the healthy play is typically careful cash-flow rentals with hands-on management. The combination of $352K prices and $1,179/mo rents suits that approach.
How does Sharpsburg, MD stack up for property investment?
Yes - Sharpsburg, MD a 3.0/5 investability score. With $352K home prices against $1,179/mo monthly rent, the market delivers a reasonable entry point for new investors.
You know 21782 now. You don’t know where it ranks.
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How 21782 ranks in Hagerstown-Martinsburg, MD-WV
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