Home prices
The median home value in Hermon is $67,200. Compared to its nearby areas this is about $25,680 (27%) lower.In comparison to the rest of the country it is approximately $150,300 (69%) lower, and is approximately $28,700 (29%) lower in comparison to the city of Utica.
Rents
In Hermon the median monthly rent is $611. In comparison to the surrounding areas this is roughly $186 (23%) lower.In comparison to the United States as a whole it is about $451 (42%) lower, and it is roughly $114 (15%) lower in comparison to the city of Utica.
Nearby places
DeKalb Junction
DeKalb Junction is roughly 3 miles northwest from Hermon. Its housing prices are a bit less expensive. The cost of the median home in DeKalb Junction is $63,400, which is $3,800 (5%) lower than Hermon. The rent there is a little less expensive. In DeKalb Junction the median rent is $515 a month, which comes out to $96 (18%) lower than Hermon.
Richville
Richville is roughly 7 miles southwest of Hermon. The housing prices there are a bit more expensive. The cost of the median home in Richville is $80,600, which comes out to $13,400 (16%) higher than Hermon. Its rents are significantly more expensive. In Richville the median monthly rent is $1,038, which is $427 (41%) higher than Hermon.
Rensselaer Falls
Rensselaer Falls is roughly 8 miles northwest from Hermon. Housing prices there are a little more expensive. The value of the median home in Rensselaer Falls is $84,500, which works out to $17,300 (20%) higher than Hermon. Rents there are significantly more expensive. In Rensselaer Falls the median monthly rent is $1,018, which works out to $407 (39%) higher than Hermon.
Canton
Canton is about 8 miles north from Hermon. Housing prices there are significantly more expensive. Canton's median home price is $169,400, which comes out to $102,200 (60%) higher than Hermon. Rent there is a little more expensive. The median rent in Canton is $819 per month, which is $208 (25%) higher than Hermon.
Edwards
Edwards is approximately 9 miles south of Hermon. Its housing prices are similar. Edwards's median home value is $66,500, which works out to $700 (1%) lower than Hermon. The rent there is pretty similar. In Edwards the median monthly rent is $594, which is $17 (2%) lower than Hermon.
