Current Price

$203,361

1 Month Forecast

â–² $229,379

1-Year Forecast *

â–² $250,546

5-Year Forecast *

â–² $296,011

"Is it a good time to buy homes in Hermitage?" "Does investing in real estate in Hermitage (Pennsylvania State, Mercer County) worth it?" According to our live Forecast System, buying a house in Hermitage is a good short-term (1-year) investment*. The Hermitage average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Hermitage" 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 Hermitage in Pennsylvania State, Mercer County. If you are looking for homes for sale with good flipping profit, Hermitage can be a profitable property investment option. The median price of an average house in Hermitage was 203,361 USD on 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Hermitage" area is 296,011 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +45.56% meaning that investing 100000 USD today may yield a profit of 45,559 USD by 2031.

Current Median Listing Price: 203,361 USD Median Listing Price Per Square Foot: 113 USD

Hermitage 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.

Hermitage (Pennsylvania 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.

Hermitage Price Target

Hermitage median home price target in 12 months: $250,546* (upside of 23.2%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $230,408 $227,103 $227,103 $232,055
2024 $194,906 $203,361 $194,906 $203,361
2023 $186,606 $195,933 $186,606 $197,106
2022 $182,437 $185,354 $182,437 $189,173
2021 $162,011 $181,375 $162,011 $181,375
2020 $147,074 $160,694 $147,074 $160,694
2019 $133,348 $145,823 $133,348 $145,823
2018 $137,543 $132,905 $132,905 $138,128
2017 $131,477 $137,377 $131,477 $137,377
2016 $128,679 $129,717 $127,703 $129,717
2015 $121,651 $128,243 $121,651 $128,243
2014 $118,092 $121,621 $113,628 $121,621
2013 $115,291 $119,046 $113,988 $119,046
2012 $114,174 $115,563 $113,849 $115,563

Questions & Answers about the Hermitage Housing Market Forecast

How much does an average home cost in Hermitage today?

The value of an average home (the listing price) in Hermitage is $203,361 USD.

What is the average price per square foot in Hermitage?

According to Walletinvestor the median price per square foot in Hermitage is 113 USD.

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

Yes. The Hermitage home prices may rise from 203,361 USD to 250,546 USD in one year.

Is it profitable to invest in Hermitage homes?

Yes. The long-term profit potential is +23.20% in one year.

Will Hermitage house prices fall / drop?

No. See above.

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

The predicted home sales price of a Hermitage home in 2030 in Hermitage is 280,097 USD.

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

The predicted home sales price of a Hermitage home in 2035 in Hermitage is 346,234 USD.

Will real estate prices decrease in Hermitage?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Hermitage is the 3755. largest city in the United States, located in Pennsylvania State.

During the last 12 months the real estate prices in Mercer, Hermitage decreased, looking at the past 12 months.

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

Median home values decreased by 12.365% to 203,361 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 21.703% in 2021
  • 22.993% in 2022
  • 22.453% in 2023
  • 21.613% in 2024
  • 21.813% in 2025
  • 23.523% in 2026

Based on our Hermitage real estate market research and report the predicted sales prices will increase by 705.774% in the next 10 years.

Over the last 12 months, the value of homes in Hermitage fluctuated: decreasing 4 times.

Hermitage (Pennsylvania) 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
Hermitage Housing Market Forecast with Real Estate Prices for 2025
August 2025 229379 214240 244518
September 2025 231837 215609 248066
October 2025 234322 212765 255880
November 2025 236834 220255 253412
December 2025 239372 226207 252538
Hermitage Housing Market Forecast with Real Estate Prices for 2026
January 2026 241474 221673 261275
February 2026 243143 220288 265999
March 2026 244819 220582 269056
April 2026 246418 223255 269581
May 2026 247860 227288 268432
June 2026 248944 235004 262885
July 2026 250546 233259 267834
August 2026 252746 237834 267658
September 2026 255036 240754 269318
October 2026 257012 239793 274232
November 2026 257012 243391 270634
December 2026 255258 242240 268276
Hermitage Housing Market Forecast with Real Estate Prices for 2027
January 2027 253177 233935 272418
February 2027 251901 237795 266008
March 2027 251871 235751 267991
April 2027 252214 235064 269365
May 2027 253917 233096 274738
June 2027 254587 233965 275208
July 2027 255045 234386 275703
August 2027 254342 230688 277996
September 2027 254594 241864 267324
October 2027 256043 242473 269614
November 2027 258330 239730 276930
December 2027 261099 237861 284336
Hermitage Housing Market Forecast with Real Estate Prices for 2028
January 2028 263897 250174 277620
February 2028 266452 249932 282972
March 2028 266698 252296 281099
April 2028 265110 242311 287910
May 2028 263721 241041 286401
June 2028 264195 249929 278462
July 2028 266761 243020 290503
August 2028 269207 243094 295320
September 2028 269837 254456 285217
October 2028 269347 252109 286585
November 2028 268472 249947 286997
December 2028 269244 248243 290245
Hermitage Housing Market Forecast with Real Estate Prices for 2029
January 2029 269815 250119 289512
February 2029 271328 256948 285709
March 2029 272830 258370 287290
April 2029 275161 258376 291945
May 2029 278110 254749 301471
June 2029 279106 252870 305342
July 2029 280097 254048 306146
August 2029 279869 254961 304778
September 2029 277709 262157 293261
October 2029 275445 253409 297480
November 2029 274590 257840 291340
December 2029 277342 250718 303967
Hermitage Housing Market Forecast with Real Estate Prices for 2030
January 2030 280315 255928 304702
February 2030 283319 264904 301735
March 2030 286356 259152 313560
April 2030 289425 261641 317210
May 2030 291967 275325 308609
June 2030 293985 273700 314270
July 2030 296011 271738 320283
August 2030 297944 273811 322078
September 2030 299688 272117 327259
October 2030 300999 272103 329895
November 2030 302936 277187 328686
December 2030 305596 285732 325460
Hermitage Housing Market Forecast with Real Estate Prices for 2031
January 2031 308364 288937 327791
February 2031 310754 288380 333128
March 2031 310754 290866 330642
April 2031 308633 281473 335793
May 2031 306116 284382 327851
June 2031 304574 274117 335032
July 2031 304538 289311 319765
August 2031 304953 283606 326299
September 2031 307012 284293 329731
October 2031 307822 284119 331524
November 2031 308375 289256 327494
December 2031 307526 284154 330898
Hermitage Housing Market Forecast with Real Estate Prices for 2032
January 2032 307830 284435 331225
February 2032 309583 290388 328777
March 2032 312347 281112 343582
April 2032 315695 292018 339372
May 2032 319078 291638 346519
June 2032 322167 303804 340531
July 2032 322465 298280 346650

> 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.