Market Overview
Home Prices in Hermitage, MO
The median home value in Hermitage, MO is $216,994 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 10.7% compared to a year ago and up 1.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Hermitage are priced47% below average.
Over the past five years, Hermitage home values have risen by approximately43.4%, reflecting strong long-term appreciation in this market.
Price History
Hermitage Home Price Trend
2020
$122,641
$123K
—
2021
$151,355
$151K
+23.4%
2022
$191,123
$191K
+26.3%
2023
$188,304
$188K
-1.5%
2024
$192,391
$192K
+2.2%
2025
$195,945
$196K
+1.8%
2026
$216,994
$217K
+10.7%
City Comparison
Hermitage vs. National Median
🏠 Hermitage
$216,994
National Median
$410,000
At $216,994, homes in Hermitage cost 47% below the national median of $410,000. This makes Hermitage a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Hermitage?
20% Down Payment
$43,399
on $216,994
Monthly P&I
$1,132/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,438/mo
incl. taxes & insurance
Income Needed
$57,520
gross annual (30% rule)
10% Down Option
$21,699
+ PMI applies
Loan Amount (20% dn)
$173,595
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 Hermitage, MO?
The median home value in Hermitage is $216,994 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 10.7% year-over-year.
How much have home prices changed in Hermitage?
Over the past year, home values in Hermitage have increased by 10.7%. Over five years, prices have risen approximately 43.4%.
How much do I need to earn to buy a home in Hermitage?
To comfortably afford the median home price of $216,994 with a 20% down payment ($43,399) at today's rates (6.8%), you'd need a gross annual income of approximately $57,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Hermitage compare to the national average home price?
The national median home value is approximately $410,000. At $216,994, homes in Hermitage are 47% below the national average.