Mount Hermon, VA

Balanced market+13.4% YoY

Housing market overview · Updated weekly

$324,000median sale price

Homes sold

6

Last 12 weeks

Days on market

84

Average pace

Active listings

5

0.8 months supply

Sale-to-list

94.5%

Below asking

The Mount Hermon housing market is currently classified as a balanced market with a median sale price of $324,000. Prices have risen 13.4% compared to last year, with homes spending an average of 84 days on market, indicating 0.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Mount Hermon

There are currently 5 homes listed for sale in Mount Hermon, Virginia. The median listing price is $258K.

Active listings

5

Homes on market

Median list price

$258K

Avg. days on market

84

Days until sale

New this week

1

Newly listed

Price drops:20.0%of listings
Sale-to-list:94.5%

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Frequently asked questions

What is the average home price in Mount Hermon?

The median home sale price in Mount Hermon is $324,000, up 13.4% from last year.

How long do homes stay on market in Mount Hermon?

Homes typically spend 84 days on market before going under contract.

Is Mount Hermon a buyer's or seller's market?

With 0.8 months of supply, Mount Hermon is currently a balanced market.

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