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Why Live in Collegiate Acres

Collegiate Acres in Hagerstown, Maryland, is a diverse neighborhood split by Terps Boulevard. The eastern side features 55-plus housing units and single-story townhouses with small front yards. Apartment buildings here offer one- to three-bedroom models. The western side includes traditional townhouses with narrow backyards and detached single-family homes with colonial influences, many of which have backyards large enough for in-ground swimming pools. Terrapin Park, a central neighborhood fixture, offers a playground, picnic shelter, and basketball court. Nearby, the Hagerstown Soccer Complex and Hagerstown City Park provide additional recreational opportunities, with the latter also housing the Washington County Museum of Fine Arts. Collegiate Acres is conveniently located 2 miles from the Centre at Hagerstown strip mall and 5 miles from the extensive shopping options at Valley Mall. Nearby dining options include Black Rock Bar and Grill and the popular downtown spot Schmankerl Stube. Students in the area attend highly rated North Hagerstown High, which gets an A from Niche. The local baseball team, the Flying Boxcars, plays at nearby Meritus Park. The neighborhood is less than a mile from Interstate 81, facilitating travel to the Hagerstown Regional Airport and Interstate 70.

Frequently Asked Questions

Is Collegiate Acres a good place to live?
Collegiate Acres is a good place to live. Collegiate Acres is considered car-dependent and somewhat bikeable with minimal transit options. Collegiate Acres is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Collegiate Acres has 1 park for recreational activities. It is fairly sparse in population with 5.0 people per acre and a median age of 41. The average household income is $119,862 which is above the national average. College graduates make up 48.1% of residents. A majority of residents in Collegiate Acres are home owners, with 30% of residents renting and 70% of residents owning their home. A local real estate agent serving Collegiate Acres can help you decide if this neighborhood is the right one for you. Learn more on our Collegiate Acres neighborhood guide.
Is Collegiate Acres, MD a safe neighborhood?
Collegiate Acres, MD is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Collegiate Acres?
The median home price in Collegiate Acres is $375,000. If you put a 20% down payment of $75,000 and had a 30-year fixed mortgage with an interest rate of 6.48%, your estimated principal and interest payment would be $1,890 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $81K a year to afford the median home price in Collegiate Acres. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Collegiate Acres is $120K.
What are the best public schools in Collegiate Acres?
The best public schools that serve Collegiate Acres are:
What are the best private schools in Collegiate Acres?
The best private schools that serve Collegiate Acres are:
What are the most popular zip codes in Collegiate Acres, Hagerstown, MD?
The most popular zip codes in Collegiate Acres, Hagerstown, MD include 21740, 21742, 17268, 17225 and 21722.
What are the most popular neighborhoods near Collegiate Acres, Hagerstown, MD?
The most popular neighborhoods near Collegiate Acres, Hagerstown, MD are Northwest Hagerstown, West End, Hager's Crossing, Maugansville and North End.

Collegiate Acres Home Prices vs. Nearby Hagerstown, MD Neighborhoods

Collegiate Acres Hager's Crossing Whittier Maugansville
Median Home Price
$375,000
$465,000
$394,600
$326,000
Median Sale Price
$375,000
+21% YoY
$450,000
-5% YoY
$394,800
+29% YoY
$310,500
Median Single Family Price
$420,000
$504,000
$619,995
$355,000
Median Townhouse Price
$299,575
$335,000
$405,000
$314,950
Total Active Listings
0
9
27
12
Market Conditions
0 Months
Seller's Market
4 Months
Seller's Market
3 Months
Seller's Market
4 Months
Seller's Market
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