Hermitage, PA

Full City Profile · Pennsylvania · Mercer County County

3.5 /5.0

B+ Good

16,132 Population 548/sq mi density

$72,464 Median Income $42,972 per capita

$187,600 Home Value $218,307 Zillow

$874 Median Rent 25.6% income on rent

49°F Avg Temperature 282 sunny days/yr

161 Violent Crime/100K 2,695 property/100K

B+

Overall

3.5 / 5.0

Good overall score based on economy, affordability, safety and education

Economy

4.2 / 5.0

$72,464 median income, 2.5% unemployment

A+

Affordability

5.0 / 5.0

$187,600 home value, $874/mo rent

Safety

1.0 / 5.0

161 violent crimes/100K

B+

Education

3.9 / 5.0

35.8% bachelor's degree or higher

Housing Overview

Median Home Value

$187,600

33% below

US avg: $281,900

Median Rent

$874/mo

25% below

US avg: $1,163/mo

Homeownership Rate

72.7%

11% above US avg (65.4%)

Total Housing Units

8,099

Median year built: 1972

Home Value by Source

Census Median

$187,600

Zillow (ZHVI)

$218,307

Median Sale Price

$192,500

Median List Price

$210,000

Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

72.7%

Owner-Occupied

27.3%

Renter-Occupied

73%

27%

US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio

$900/mo

1 Bedroom

$996/mo

2 Bedroom

$1,225/mo

3 Bedroom

$1,570/mo

4 Bedroom

$1,744/mo

Census median rent: $874/mo

Market Indicators (Redfin)

Median Days on Market

190 days

Sale-to-List Ratio

0.9%

Buyers market

Homes Sold

Price Drops

8.3%

of listings with price reduction

Price Per Sq Ft

$200

Active Inventory

homes for sale

Affordability & Housing Stock

Rent Burden

25.6%

of renters spending 30%+ of income on housing

17% below US avg (31.0%)

Median Year Built

1972

Average age of housing stock: 54 years

Homeownership Rate

72.7%

Complete Housing Data

Home Values

Census Median Value	$187,600
Zillow Home Value (ZHVI)	$218,307
Median Sale Price	$192,500
Median List Price	$210,000
Price Per Sq Ft	$200

Rent

Census Median Rent	$874
FMR Studio	$900
FMR 1-Bedroom	$996
FMR 2-Bedroom	$1,225
FMR 3-Bedroom	$1,570
FMR 4-Bedroom	$1,744

Market

Days on Market	190
Sale-to-List Ratio	0.9%
Price Drops	8.3%
Homes Sold	6
Active Inventory	48
Price Per Sq Ft	$200

Ownership & Stock

Owner-Occupied	72.7%
Renter-Occupied	27.3%
Homeownership Rate	72.7%
Total Housing Units	8,099
Median Year Built	1972
Rent Burden	25.6%