The housing market in Hermitage, TN (37076) is a strong one. The median value of houses in this zip code is $374,500, which is significantly higher than the national median value of $338,100. In addition to that, the one-year house appreciation rate in Hermitage is 15.74%, far surpassing the current US average of 8.27%. This indicates that the housing market here is currently thriving and continues to draw more people in as time goes on.
The median home cost in Hermitage (zip 37076) is $374,500. Home appreciation the last 10 years has been 142.5%. Home Appreciation in Hermitage (zip 37076) is up 25.0%.
Average Age of Homes
- The median age of Hermitage (zip 37076) real estate is 32 years old
The Rental Market in Hermitage (zip 37076)
- Renters make up 40.7% of the Hermitage (zip 37076) population
- 3.3% of houses and apartments in Hermitage (zip 37076), 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.