Housing Prices in Hermann, MO

How much do homes in Hermann, MO cost?

Median List Price

$227,000

$153/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$30,000(+15.2%)

Key Takeaway

The list price of homes in Hermann has increased by 15.2% since last year.

Summary: The median home list price in Hermann was $227,000 in March 2024, up 15.2% from the previous year, and the median price per square foot was $153.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $295K$229K
-22.4%
2 $165.7K$147K
-11.3%
3 $197K$249.9K
+26.9%
4 $239.7K$279.2K
+16.5%
5+ $250K$220K
-12.0%

Summary: Hermann housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.4%, 2 bedroom homes decreased by 11.3%, 3 bedroom homes increased by 26.9%, 4 bedroom homes increased by 16.5%, and 5+ bedroom homes decreased by 12%.

Median List Price Compared To Nearby Cities

Loutre Township
+28.3%
Roark Township
+20.6%
Hermann
+15.2%

Housing Supply in Hermann, MO

How many homes are available in Hermann, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1113+18.2%

Summary: The Hermann real estate market had 13 homes for sale in March 2024, a 18.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 21
-50.0%
3 45
+25.0%
4 23
+50.0%
5+ 23
+50.0%

Summary: The Hermann housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 50%.

Days on Market for Hermann, MO

How long does it take to sell a home in Hermann, MO?

Average Listing Age

Mar 2023Mar 2024CHANGE
170 Days118 Days-30.7%

Summary: Homes in Hermann had an average listing age of 118 days in Mar 2024, down by 30.7% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Hermann, MO

Nearby Markets to Hermann, MO