Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Herman area can be challenging. Home prices in Herman are now at a median cost of $249,954, lower than the New Jersey average of $388,929.
The average cost of rent is $1,368/mo in Herman, primarily driven by the current value of real estate in the Herman area. While nearly 26.25% of residents own their homes outright in Herman, 5.08% rent.
Housing affordability isn’t just about home prices, though. The average household income in Herman is $4,644 per month. Households that rent pay about 29.45% of their income on rent here. Herman's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Green Bank, NJ: equally priced homes
- Weekstown, NJ: equally priced homes
- Sweetwater, NJ: equally priced homes
- Lower Bank, NJ: equally priced homes
- Devonshire, NJ: equally priced homes
- Nesco, NJ: higher priced homes
- Wading River, NJ: higher priced homes
- Egg Harbor City, NJ: equally priced homes
- Elwood, NJ: less expensive homes
- South Egg Harbor, NJ: equally priced homes
Cities with Similar Populations
- Tennille, FL: equally priced homes
- Cloverdale, NM: less expensive homes
- Coal Run, PA: less expensive homes
- Dancy, AL: less expensive homes
- Delhi, GA: less expensive homes
- Takotna, AK: less expensive homes
- Tanner, MO: less expensive homes
- Teckla, WY: equally priced homes
- Telma, WA: higher priced homes
- Tenney, MN: less expensive homes
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