Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hermon area can be challenging. Home prices in Hermon are now at a median cost of $84,838, lower than the New York average of $481,023.
The average cost of rent is $740/mo in Hermon, primarily driven by the current value of real estate in the Hermon area. While nearly 59.33% of residents own their homes outright in Hermon, 17.92% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hermon is $5,118 per month. Households that rent pay about 14.46% of their income on rent here. Hermon's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Pyrites, NY: equally priced homes
- Marshville, NY: equally priced homes
- East De Kalb, NY: less expensive homes
- North Russell, NY: equally priced homes
- DeKalb Junction, NY: equally priced homes
- Kents Corners, NY: equally priced homes
- Eddy, NY: less expensive homes
- South Russell, NY: equally priced homes
- Russell, NY: equally priced homes
- Crary Mills, NY: higher priced homes
Cities with Similar Populations
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- Tenants Harbor, ME: higher priced homes
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- Fulton, OH: higher priced homes
- Florence, IN: higher priced homes
- Fish Creek, WI: higher priced homes
- Falls Of Rough, KY: higher priced homes
- Falcon, NC: higher priced homes
- Evansville, MN: higher priced homes
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