Hermitage, PA

Buyer's market-54.2% YoY

Housing market overview · Updated weekly

$192,500median sale price

Homes sold

6

Last 12 weeks

Days on market

190

Average pace

Active listings

48

8.0 months supply

Sale-to-list

94.6%

Below asking

The Hermitage housing market is currently classified as a buyer's market with a median sale price of $192,500. Prices have fallen 54.2% compared to last year, with homes spending an average of 190 days on market, indicating 8.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Hermitage

There are currently 48 homes listed for sale in Hermitage, Pennsylvania. The median listing price is $210K.

Active listings

48

Homes on market

Median list price

$210K

Avg. days on market

190

Days until sale

New this week

11

Newly listed

Price drops:8.3%of listings
Sale-to-list:94.6%

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Frequently asked questions

What is the average home price in Hermitage?

The median home sale price in Hermitage is $192,500, down 54.2% from last year.

How long do homes stay on market in Hermitage?

Homes typically spend 190 days on market before going under contract.

Is Hermitage a buyer's or seller's market?

With 8.0 months of supply, Hermitage is currently a buyer's market.

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