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
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
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $295K | $229K | -22.4% |
2 Bedrooms | $165.7K | $147K | -11.3% |
3 Bedrooms | $197K | $249.9K | +26.9% |
4 Bedrooms | $239.7K | $279.2K | +16.5% |
5+ Bedrooms | $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 | $230K | $295K | +28.3% |
Roark Township | $199K | $239.9K | +20.6% |
Hermann | $197K | $227K | +15.2% |
Housing Supply in Hermann, MO
How many homes are available in Hermann, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 13 | +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
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 4 | 5 | +25.0% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 2 | 3 | +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 2023 | Mar 2024 | CHANGE |
---|---|---|
170 Days | 118 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.