Current Price

$386,460

1 Month Forecast

â–² $428,285

1-Year Forecast *

â–² $458,000

5-Year Forecast *

â–² $536,880

"Is it a good time to buy homes in Hermantown?" "Does investing in real estate in Hermantown (Minnesota State, Saint Louis County) worth it?" According to our live Forecast System, buying a house in Hermantown is a good short-term (1-year) investment*. The Hermantown average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Hermantown" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Hermantown in Minnesota State, Saint Louis County. If you are looking for homes for sale with good flipping profit, Hermantown can be a profitable property investment option. The median price of an average house in Hermantown was 386,460 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Hermantown" area is 536,880 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +38.92% meaning that investing 100000 USD today may yield a profit of 38,922 USD by 2031.

Current Median Listing Price: 386,460 USD Median Listing Price Per Square Foot: 215 USD

Hermantown Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Hermantown (Minnesota State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Hermantown Price Target

Hermantown median home price target in 12 months: $458,000* (upside of 18.5%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $411,218 $425,532 $411,218 $425,532
2024 $374,258 $386,460 $374,258 $386,460
2023 $357,739 $374,111 $356,223 $374,111
2022 $348,465 $359,782 $348,465 $368,886
2021 $300,425 $345,277 $300,425 $345,277
2020 $276,697 $297,439 $276,697 $297,439
2019 $259,386 $275,739 $259,386 $275,739
2018 $247,509 $258,416 $247,509 $258,416
2017 $237,906 $247,045 $237,906 $247,045
2016 $234,556 $236,774 $234,556 $236,833
2015 $218,898 $232,439 $218,898 $232,439
2014 $213,139 $218,298 $213,139 $218,826
2013 $204,899 $212,688 $204,899 $212,688
2012 $196,765 $203,228 $196,765 $203,228

Questions & Answers about the Hermantown Housing Market Forecast

How much does an average home cost in Hermantown today?

The value of an average home (the listing price) in Hermantown is $386,460 USD.

What is the average price per square foot in Hermantown?

According to Walletinvestor the median price per square foot in Hermantown is 215 USD.

Will the median listing price of homes in Hermantown grow / rise / go up?

Yes. The Hermantown home prices may rise from 386,460 USD to 458,000 USD in one year.

Is it profitable to invest in Hermantown homes?

Yes. The long-term profit potential is +18.51% in one year.

Will Hermantown house prices fall / drop?

No. See above.

What is the predicted price of a Hermantown home in 2030?

The predicted home sales price of a Hermantown home in 2030 in Hermantown is 499,247 USD.

What is the predicted price of a Hermantown home in 2035?

The predicted home sales price of a Hermantown home in 2035 in Hermantown is 631,784 USD.

Will real estate prices decrease in Hermantown?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Hermantown is the 5732. largest city in the United States, located in Minnesota State.

During the last 12 months the real estate prices in Saint Louis, Hermantown decreased, looking at the past 12 months.

According to Walletinvestor's Hermantown real estate market research, home values will increase in the next 12 months.

Median home values decreased by 6.729% to 386,460 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 19.322% in 2021
  • 19.042% in 2022
  • 20.322% in 2023
  • 19.342% in 2024
  • 19.422% in 2025
  • 19.302% in 2026

Based on our Hermantown real estate market research and report the predicted sales prices will increase by 446.520% in the next 10 years.

Over the last 12 months, the value of homes in Hermantown fluctuated: increasing 4 times .

Hermantown (Minnesota) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Hermantown Housing Market Forecast with Real Estate Prices for 2025
August 2025 428285 390596 465974
September 2025 431057 400451 461662
October 2025 433846 409116 458575
November 2025 436653 405214 468092
December 2025 439478 399925 479031
Hermantown Housing Market Forecast with Real Estate Prices for 2026
January 2026 442322 412244 472400
February 2026 444152 404179 484126
March 2026 446335 416431 476239
April 2026 449223 414633 483813
May 2026 452130 409630 494630
June 2026 455055 425477 484634
July 2026 458000 434642 481358
August 2026 460963 414867 507060
September 2026 463946 432862 495030
October 2026 466948 421187 512709
November 2026 469969 422972 516966
December 2026 469347 444941 493753
Hermantown Housing Market Forecast with Real Estate Prices for 2027
January 2027 467511 421695 513327
February 2027 465682 422839 508525
March 2027 463860 424432 503288
April 2027 462045 417227 506864
May 2027 460238 424339 496136
June 2027 458437 430014 486860
July 2027 458757 431690 485823
August 2027 461544 421851 501236
September 2027 464530 440839 488221
October 2027 467536 425458 509614
November 2027 470561 444210 496912
December 2027 472111 429621 514601
Hermantown Housing Market Forecast with Real Estate Prices for 2028
January 2028 473443 449297 497589
February 2028 474452 434598 514306
March 2028 476146 431865 520428
April 2028 476567 438919 514216
May 2028 476754 451486 502021
June 2028 477282 440531 514032
July 2028 479888 435258 524517
August 2028 482527 438617 526436
September 2028 484358 449000 519716
October 2028 484477 447657 521298
November 2028 484004 447704 520305
December 2028 484470 445228 523712
Hermantown Housing Market Forecast with Real Estate Prices for 2029
January 2029 485595 451118 520072
February 2029 488124 444681 531567
March 2029 489805 441804 537805
April 2029 492298 455375 529220
May 2029 495483 462286 528681
June 2029 497764 453961 541567
July 2029 499247 460805 537689
August 2029 502303 475681 528925
September 2029 505296 479526 531066
October 2029 508566 460761 556371
November 2029 511857 473467 550246
December 2029 515169 477561 552776
Hermantown Housing Market Forecast with Real Estate Prices for 2030
January 2030 518502 482725 554279
February 2030 521857 473846 569868
March 2030 525234 482690 567778
April 2030 528632 482113 575152
May 2030 532053 483636 580470
June 2030 534254 481897 586611
July 2030 536880 494466 579293
August 2030 540354 510634 570073
September 2030 543850 490009 597691
October 2030 547369 502485 592254
November 2030 550911 499676 602146
December 2030 554476 506791 602161
Hermantown Housing Market Forecast with Real Estate Prices for 2031
January 2031 558064 512860 603267
February 2031 561675 531906 591443
March 2031 565309 526868 603750
April 2031 564560 535768 593353
May 2031 562352 506116 618587
June 2031 560152 517580 602723
July 2031 557960 507744 608176
August 2031 555777 521319 590235
September 2031 553603 512636 594569
October 2031 551437 512285 590589
November 2031 551821 521471 582172
December 2031 555174 514091 596257
Hermantown Housing Market Forecast with Real Estate Prices for 2032
January 2032 558766 528034 589498
February 2032 562381 528076 596687
March 2032 566020 528097 603944
April 2032 567885 521318 614451
May 2032 569487 519372 619602
June 2032 570701 525616 615787
July 2032 572739 516610 628867

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.