Market Overview
Home Prices in Hermann, MO
The median home value in Hermann, MO is $240,226 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.6% compared to a year ago and up 3.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Hermann are priced41% below average.
Over the past five years, Hermann home values have risen by approximately37.4%, reflecting strong long-term appreciation in this market.
Price History
Hermann Home Price Trend
2020
$151,279
$151K
—
2021
$174,827
$175K
+15.6%
2022
$210,466
$210K
+20.4%
2023
$213,665
$214K
+1.5%
2024
$227,175
$227K
+6.3%
2025
$234,194
$234K
+3.1%
2026
$240,226
$240K
+2.6%
City Comparison
Hermann vs. National Median
🏠 Hermann
$240,226
National Median
$410,000
At $240,226, homes in Hermann cost 41% below the national median of $410,000. This makes Hermann a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Hermann?
20% Down Payment
$48,045
on $240,226
Monthly P&I
$1,253/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,591/mo
incl. taxes & insurance
Income Needed
$63,640
gross annual (30% rule)
10% Down Option
$24,023
+ PMI applies
Loan Amount (20% dn)
$192,181
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Hermann, MO?
The median home value in Hermann is $240,226 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.6% year-over-year.
How much have home prices changed in Hermann?
Over the past year, home values in Hermann have increased by 2.6%. Over five years, prices have risen approximately 37.4%.
How much do I need to earn to buy a home in Hermann?
To comfortably afford the median home price of $240,226 with a 20% down payment ($48,045) at today's rates (6.8%), you'd need a gross annual income of approximately $63,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Hermann compare to the national average home price?
The national median home value is approximately $410,000. At $240,226, homes in Hermann are 41% below the national average.