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Featured local agent — Hermitage, PA
Sarah Mitchell
Compass Real Estate · Hermitage, PA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Hermitage, PA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$195,000median sale price
How is the Hermitage, PA housing market right now?
The median home sale price in Hermitage, PA is $195,000, down 24.1% year-over-year. Homes sell in an average of 67 days with 62 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Hermitage a buyer's or seller's market?
Hermitage, PA is currently a buyer's market, based on 6.9 months of supply and homes selling in about 67 days. How we determine this →
Homes sold
9
Last 12 weeks
Days on market
67
Average pace
Active listings
62
6.9 months supply
Sale-to-list
97.2%
Below asking
What does the Hermitage housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $195,000 |
| Median list price | $272,000 |
| Year-over-year price change | -24.1% |
| Average days on market | 67 days |
| Active inventory | 62 listings |
| Months of supply | 6.9 months |
| Sale-to-list price ratio | 97.2% |
| Median price per sq ft | $109/sq ft |
| Homes sold (latest month) | 9 |
| New listings (latest month) | 20 |
| Listings with a price cut | 27.4% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Hermitage by property type?
How the Hermitage, PA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $158,500 | $109/sq ft | 8 | 70 days |
| Condo / Co-op | $310,000 | — | 1 | 40 days |
Source: Redfin · Updated monthly
The Hermitage housing market is currently classified as a buyer's market with a median sale price of $195,000. Prices have fallen 24.1% compared to last year, with homes spending an average of 67 days on market, indicating 6.9 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 3.2x provides context for how home values compare to local earning capacity.
Homes for sale in Hermitage
There are currently 62 homes listed for sale in Hermitage, Pennsylvania. The median listing price is $272K.
Active listings
62
Homes on market
Median list price
$272K
Avg. days on market
67
Days until sale
New this week
20
Newly listed
Who lives in Hermitage?
Population
16,132
Median income
$72,464/yr
Median age
49.1 years
Owner-occupied
72.7%
College grads
35.8%
Avg commute
21.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Hermitage?
Zillow home value
$231,924
Price-to-income
3.2x
Source: Zillow Research
What is it like to live in Hermitage?
Hermitage is a community of approximately 16K residents with a median age of 49.1 years.The median household income is $72,464, which represents a working-class community with solid middle-income opportunities. 35.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 72.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 21.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Hermitage offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Hermitage?
4 schools tracked · 2,009 students
The largest public schools serving Hermitage, PA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Hickory HS
Grades 8-12 · 789 students
Artman El Sch
Grades K-3 · 620 students
Delahunty MS
Grades 6-7 · 310 students
Karen A. Ionta El Sch
Grades 4-5 · 290 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Hermitage, PA?
Want a head-to-head view? Compare Hermitage side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Hermitage?
The median home sale price in Hermitage is $195,000, down 24.1% from last year.
How long do homes stay on market in Hermitage?
Homes typically spend 67 days on market before going under contract.
What is the median income in Hermitage?
The median household income is $72,464 per year.
Is Hermitage a buyer's or seller's market?
With 6.9 months of supply, Hermitage is currently a buyer's market.
What is the Zillow home value estimate for Hermitage?
The Zillow Home Value Index (ZHVI) for Hermitage is $231,924, representing the typical home value in the area.
What is the median condo price in Hermitage?
The median condo/co-op sale price in Hermitage, PA is $310,000, compared to $158,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Hermitage?
The median single-family home price in Hermitage, PA is $158,500 (about $109 per square foot).
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