Market report, updated

Hermitage Home Values and Market Report

Search in the city of Hermitage

Create your own market report
Thfre.com
Report prepared by Thfre.com Tennessee Home & Farm Real Estate
Tennessee Home & Farm Real Estate logo

Market at a glance

Over the last 12 months, homes sold for 98.3% of list price in 56 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $405K Sold · $400K
$510K$470K$430K$390K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 74 sales in Dec. Last month: 17.

Where the market stands

All homes in this report, by status.

1,007homes
Active265 · 26%
Under contract85 · 8%
Sold (12 mo)657 · 65%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

4.8months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$553K
Under contract$496K
Sold$435K

Average days on market

Active96 days
Under contract76 days
Sold56 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 265
Average list price $553,234
Avg. days on market 96 days
Avg. price per ft² $239
Avg. living area 2,212 ft²
Avg. beds / baths 3.3 / 2.9

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

9 homes didn’t report living area and aren’t shown.

3 homes are larger or pricier than this chart’s scale and aren’t shown.

$1.5M$1M$500K$0

Price vs. living area: 238 homes plotted, up to $1.5M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

22 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes among the newest.

1435 Stewarts Ferry Pike$1,164
4005 Dodson Chapel Rd$561
3155 W Division St$486
1083 Tulip Grove Rd$457
5544 S New Hope Rd$443
3521 Hobson Pike$403
3173 Earhart Rd$401

All active listings (265)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
341 Bonnahurst DrHermitage, TN 37076 321,386$289,000$20829 days
1630 Espy AlyHermitage, TN 37076 331,870$430,000$22929 days
1028 Lionheart DrHermitage, TN 37076 432,487$574,900$23130 days
121 Summit Run PlHermitage, TN 37076 321,302$349,900$26830 days
5022 Dayflower DriveHermitage, TN 37076 331,388$341,990$24631 days
3061 Palomino PlHermitage, TN 37076 344,217$1,300,000$30831 days
528 Debbie DrHermitage, TN 37076 321,326$284,900$21431 days
2508 River Trail DrHermitage, TN 37076 332,447$499,900$20432 days
3911 Dodson Chapel Rd Unit #30Hermitage, TN 37076 221,193$289,900$24329 days
708 Saddle Trail CtHermitage, TN 37076 432,494$475,000$1900 days
Thfre.com

Questions about this market?

Tennessee Home & Farm Real Estate logo

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Thfre.com Tennessee Home & Farm Real Estate

Next steps

How much is your home worth?

...get instant property value now!

Free and instant. We can follow up with a detailed valuation.

board logo

Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.