Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mount Hermon area can be challenging. Home prices in Mount Hermon are now at a median cost of $158,355, lower than the Kentucky average of $164,895.
The average cost of rent is $630/mo in Mount Hermon, primarily driven by the current value of real estate in the Mount Hermon area. While nearly 66.21% of residents own their homes outright in Mount Hermon, 20.73% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mount Hermon is $3,286 per month. Households that rent pay about 19.18% of their income on rent here. Mount Hermon's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Sulphur Lick, KY: equally priced homes
- Flippin, KY: less expensive homes
- Nobob, KY: higher priced homes
- Etoile, KY: less expensive homes
- Lamb, KY: less expensive homes
- Freetown, KY: less expensive homes
- Temple Hill, KY: equally priced homes
- Cooktown, KY: less expensive homes
- Tracy, KY: less expensive homes
- Tompkinsville, KY: less expensive homes
Cities with Similar Populations
- Conesville, OH: less expensive homes
- Warnock, KY: less expensive homes
- Wacouta, MN: higher priced homes
- Darco, TX: less expensive homes
- Crawfordsville, IA: equally priced homes
- Corum, OK: less expensive homes
- Corinth, WI: equally priced homes
- Copley, OH: equally priced homes
- Coosa, GA: higher priced homes
- Warren Plains, NC: less expensive homes
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