Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hersman area can be challenging. Home prices in Hersman are now at a median cost of $142,751, lower than the Illinois average of $242,002.
The average cost of rent is $434/mo in Hersman, primarily driven by the current value of real estate in the Hersman area. While nearly 39.85% of residents own their homes outright in Hersman, 52.93% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hersman is $3,022 per month. Households that rent pay about 14.36% of their income on rent here. Hersman's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Mount Sterling, IL: less expensive homes
- Mound Station, IL: less expensive homes
- Cooperstown, IL: less expensive homes
- Versailles, IL: less expensive homes
- Timewell, IL: less expensive homes
- Ripley, IL: less expensive homes
- Chambersburg, IL: less expensive homes
- Kellerville, IL: higher priced homes
- Perry, IL: less expensive homes
- Clayton, IL: less expensive homes
Cities with Similar Populations
- Shamrock, TX: less expensive homes
- Hesperus, CO: higher priced homes
- Hindman, KY: less expensive homes
- Howe, OK: less expensive homes
- Knotts Island, NC: higher priced homes
- Lancing, TN: less expensive homes
- Langdon, ND: less expensive homes
- Livermore, KY: less expensive homes
- Logansport, LA: less expensive homes
- Newville, AL: less expensive homes
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