Home prices
The median home in Hermitage is valued at $65,000. In comparison to other places in this area this is approximately $13,780 (17%) lower.In comparison to the entire country it is about $152,500 (70%) lower, and it is approximately $74,600 (53%) lower compared to the city of Monroe.
Rents
Hermitage's median rent is $390 per month. In comparison to its surrounding areas it is approximately $216 (35%) lower.It is about $672 (63%) lower compared to the entire country, and compared to the city of Monroe it is roughly $312 (44%) lower.
Nearby places
Harrell
Harrell is approximately 12 miles west from Hermitage. The housing prices there are somewhat more expensive. The median home in Harrell costs $74,200, which works out to $9,200 (12%) higher than Hermitage. Rent there is somewhat more expensive. Harrell's median rent is $475 per month, which works out to $85 (17%) higher than Hermitage.
Warren
Warren is approximately 13 miles northeast from Hermitage. Its real estate prices are a little more expensive. The cost of the median home in Warren is $85,500, which comes out to $20,500 (23%) higher than Hermitage. The rent there is substantially more expensive. The median monthly rent in Warren is $661, which is $271 (40%) higher than Hermitage.
Hampton
Hampton is roughly 16 miles northwest from Hermitage. Housing prices there are a bit more expensive. The cost of the median home in Hampton is $69,300, which comes out to $4,300 (6%) higher than Hermitage. Rent there is significantly more expensive. Hampton's median rent is $689 per month, which comes out to $299 (43%) higher than Hermitage.
Wilmar
Wilmar is about 18 miles northeast of Hermitage. Real estate prices there are fairly similar. The cost of the median home in Wilmar is $65,400, which is very similar to Hermitage. Its rents are somewhat more expensive. In Wilmar the median monthly rent is $531, which works out to $141 (26%) higher than Hermitage.
Monticello
Monticello is roughly 23 miles northeast from Hermitage. Its real estate prices are a lot more expensive. The price of the median home in Monticello is $99,500, which comes out to $34,500 (34%) higher than Hermitage. The rent there is a lot more expensive. Monticello's median rent is $672 a month, which works out to $282 (41%) higher than Hermitage.
