Home prices
Mount Hermon's median home value is $159,800. Compared to the surrounding areas it is roughly $42,400 (36%) higher.Compared to the US as a whole it is approximately $57,700 (26%) lower, and it is about $88,500 (35%) lower in comparison to the city of Raleigh.
Rents
In Mount Hermon the median monthly rent is $839. In comparison to nearby areas this is roughly $146 (20%) higher.In comparison to the rest of the country it is about $223 (20%) lower, and in comparison to the city of Raleigh it is roughly $282 (25%) lower.
Nearby places
Blairs
Blairs is roughly 2 miles northeast from Mount Hermon. Its real estate prices are a bit less expensive. The price of the median home in Blairs is $141,900, which works out to $17,900 (12%) lower than Mount Hermon. Its rents are a little less expensive. In Blairs the median monthly rent is $673, which works out to $166 (24%) lower than Mount Hermon.
Danville
Danville is about 6 miles south from Mount Hermon. Its housing prices are substantially less expensive. The median home in Danville costs $90,500, which comes out to $69,300 (76%) lower than Mount Hermon. Its rents are a little less expensive. Danville's median rent is $682 per month, which works out to $157 (23%) lower than Mount Hermon.
Chatham
Chatham is about 10 miles north from Mount Hermon. The housing prices there are somewhat less expensive. The median home price in Chatham is $138,400, which is $21,400 (15%) lower than Mount Hermon. Rent there is a bit less expensive. In Chatham the median rent is $746 a month, which comes out to $93 (12%) lower than Mount Hermon.
Milton
Milton is roughly 13 miles southeast of Mount Hermon. Its real estate prices are a lot less expensive. The median home in Milton costs $116,200, which is $43,600 (37%) lower than Mount Hermon. The rent there is a bit less expensive. In Milton the median monthly rent is $760, which works out to $79 (10%) lower than Mount Hermon.
Sandy Level
Sandy Level is roughly 16 miles southwest of Mount Hermon. The real estate prices there are significantly less expensive. Sandy Level's median home price is $100,000, which works out to $59,800 (59%) lower than Mount Hermon. The rent there is a lot less expensive. In Sandy Level the median rent is $606 a month, which comes out to $233 (38%) lower than Mount Hermon.
