Home prices
The median home in Hermann is valued at $118,900. This is about $24,000 (25%) higher compared to its surrounding areas.Compared to the country as a whole it is approximately $98,600 (45%) lower, and in comparison to the city of St. Louis it is approximately $19,800 (14%) lower.
Rents
In Hermann the median monthly rent is $597. In comparison to its nearby areas it is about $247 (29%) lower.It is about $465 (43%) lower in comparison to the United States as a whole, and is approximately $231 (27%) lower compared to the city of St. Louis.
Nearby places
Rhineland
Rhineland is about 4 miles west from Hermann. Real estate prices there are fairly similar. The median home in Rhineland costs $121,900, which comes out to $3,000 (2%) higher than Hermann. The rent there is substantially more expensive. In Rhineland the median rent is $1,063 a month, which works out to $466 (43%) higher than Hermann.
Berger
Berger is roughly 4 miles east from Hermann. The housing prices there are significantly less expensive. The median home in Berger costs $78,600, which is $40,300 (51%) lower than Hermann. The rent there is a little more expensive. The median monthly rent in Berger is $725, which is $128 (17%) higher than Hermann.
Gasconade
Gasconade is roughly 6 miles west from Hermann. Real estate prices there are a lot less expensive. The median home in Gasconade is valued at $48,700, which comes out to $70,200 (144%) lower than Hermann. Its rents are substantially more expensive. In Gasconade the median monthly rent is $925, which comes out to $328 (35%) higher than Hermann.
New Haven
New Haven is roughly 11 miles southeast from Hermann. The housing prices there are pretty similar. The median home in New Haven costs $121,800, which works out to $2,900 (2%) higher than Hermann. The rent there is a bit more expensive. The median monthly rent in New Haven is $759, which comes out to $162 (21%) higher than Hermann.
Jonesburg
Jonesburg is roughly 12 miles northeast from Hermann. Housing prices there are a bit less expensive. The median home in Jonesburg costs $103,500, which comes out to $15,400 (14%) lower than Hermann. The rent there is a little more expensive. In Jonesburg the median monthly rent is $746, which comes out to $149 (19%) higher than Hermann.