Home prices
The median home in Hermitage costs $149,000. It is about $63,820 (74%) higher compared to its nearby areas.In comparison to the rest of the country it is approximately $68,500 (31%) lower, and compared to the city of Cleveland it is approximately $79,400 (114%) higher.
Rents
In Hermitage the median rent is $808 per month. This is approximately $88 (12%) higher compared to its surrounding areas.Compared to the entire nation it is approximately $254 (23%) lower, and it is approximately $89 (12%) higher compared to the city of Cleveland.
Nearby places
Sharon
Sharon is Hermitage's neighbor to the west. The real estate prices there are a lot less expensive. The median home in Sharon costs $65,400, which comes out to $83,600 (127%) lower than Hermitage. Its rents are substantially less expensive. The median monthly rent in Sharon is $585, which is $223 (38%) lower than Hermitage.
Sharpsville
Sharpsville is Hermitage's neighbor to the northwest. Its real estate prices are significantly less expensive. The median home cost in Sharpsville is $87,000, which works out to $62,000 (71%) lower than Hermitage. Its rents are a little less expensive. Sharpsville's median rent is $699 a month, which comes out to $109 (15%) lower than Hermitage.
Farrell
Farrell is Hermitage's neighbor to the southwest. The real estate prices there are substantially less expensive. The median home price in Farrell is $55,400, which comes out to $93,600 (168%) lower than Hermitage. Its rents are a little less expensive. The median monthly rent in Farrell is $715, which comes out to $93 (13%) lower than Hermitage.
Wheatland
Wheatland is Hermitage's neighbor to the southwest. Real estate prices there are substantially less expensive. Wheatland's median home price is $58,700, which works out to $90,300 (153%) lower than Hermitage. Rent there is a little less expensive. In Wheatland the median rent is $682 per month, which is $126 (18%) lower than Hermitage.
Clark
Clark is Hermitage's neighbor to the north. Its real estate prices are a little more expensive. The median home in Clark is valued at $159,400, which is $10,400 (6%) higher than Hermitage. Rent there is a little more expensive. Clark's median rent is $921 a month, which is $113 (12%) higher than Hermitage.