Hermitage, MO is an affordable place to live with a median house value of $172,200. This is significantly lower than the US median house value of $338,100, making it attractive for those looking for a good deal on a home. The appreciation in housing values has been strong over the past year in Hermitage, MO increasing by 17.08% which is higher than the US average of 8.27%. It appears that Hermitage, MO is a great option for anyone looking for a reasonably priced home with good prospects for future appreciation.
The median home cost in Hermitage is $172,200. Home appreciation the last 10 years has been 92.6%. Home Appreciation in Hermitage is up 21.4%.
Average Age of Homes
- The median age of Hermitage real estate is 44 years old
The Rental Market in Hermitage
- Renters make up 38.8% of the Hermitage population
- 2.7% of houses and apartments in Hermitage, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.