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Fixer Upper Homes in Hermitage, TN

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Hermitage, TN Foreclosures

How much do homes sell for in Hermitage, TN?
The average home price is currently $448,009.
In Hermitage, TN, how many homes are available?
There are currently 81 active home listings available in Hermitage.
What’s the average rental cost in Hermitage, TN?
The average rental price in Hermitage is $1,493.
What is the most expensive home in Hermitage?
The most expensive home sold in Hermitage had a price of $93,928,848.
What is currently the cheapest priced home in Hermitage, TN?
The cheapest home for sale in Hermitage is priced at $18,561.

Living in Hermitage, TN

Hermitage, TN is a charming suburb of Nashville, blending a suburban lifestyle with plenty of amenities. With its rich history, vibrant community, and access to outdoor activities, Hermitage is ideal for families and those seeking a quiet retreat close to the city's hustle and bustle.

Current Market Conditions in Hermitage, TN

The Hermitage real estate market is currently experiencing a strong demand, with home prices steadily rising as more people are drawn to the area. Homes are often receiving multiple offers, particularly those that are well-maintained and in desirable neighborhoods.

As a part of the greater Nashville area, Hermitage benefits from the region's economic growth, making it an attractive option for both home buyers and investors. The area's community feel, alongside the proximity to Nashville's job market, adds to its appeal.

Recent statistics show that homes in Hermitage are selling faster than in previous years, indicating a competitive market. Rising prices are predicted to continue as the area remains a popular choice for new residents.

Home Value Estimator For Hermitage, TN

There are currently 11,799 real estate properties in Hermitage, TN, with a median automated valuation model (AVM) price of $378,019.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hermitage, TN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Hermitage, TN, is $448,009.00, with the most expensive house in Hermitage, TN, topping out at $93,928,848.00 and the cheapest home in Hermitage, TN, clocking in at $18,561.00. In other words, there’s something for every potential homebuyer or savvy investor in Hermitage, TN!

Rent Prices In Hermitage, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hermitage, TN, is on a rollercoaster ride. The average rent price in Hermitage, TN, is $1,493.00. Indeed, when looking to rent in Hermitage, TN, you can expect to pay as little as $710.00 or as much as $2,860.00, with the average rent median estimated to be $1,440.00. The good news is that finding an affordable and desirable property to rent in Hermitage, TN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Hermitage, TN Fixer Upper Homes

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