Mount Hermon, VA

Full City Profile · Virginia · Danville city County

4.2 /5.0
A Great
4,326 Population 768/sq mi density
$82,986 Median Income $39,474 per capita
$191,400 Home Value $193,096 Zillow
$1,180 Median Rent 19.3% income on rent
58°F Avg Temperature
A
Overall
4.2 / 5.0
Strong
A
Economy
4.3 / 5.0
$82,986 median income, 4.6% unemployment
A+
Affordability
5.0 / 5.0
$191,400 home value, $1,180/mo rent
B
Education
3.3 / 5.0
28.4% bachelor's degree or higher

Housing Overview

Median Home Value
$191,400
32% below
US avg: $281,900
Median Rent
$1,180/mo
1% above
US avg: $1,163/mo
Homeownership Rate
81.8%
25% above US avg (65.4%)
Total Housing Units
1,843
Median year built: 1985

Home Value by Source

Census Median
$191,400
Zillow (ZHVI)
$193,096
Redfin Median Sale
$324,000
Median Sale Price
$324,000
Median List Price
$257,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

81.8%
Owner-Occupied
18.2%
Renter-Occupied
82%
18%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,137/mo
1 Bedroom
$1,181/mo
2 Bedroom
$1,369/mo
3 Bedroom
$1,787/mo
4 Bedroom
$2,126/mo
Census median rent: $1,180/mo

Market Indicators (Redfin)

Median Sale Price
$324,000
Median Days on Market
84 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
6
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$155
Active Inventory
5
homes for sale

Affordability & Housing Stock

Rent Burden
19.3%
of renters spending 30%+ of income on housing
38% below US avg (31.0%)
Median Year Built
1985
Average age of housing stock: 41 years
Homeownership Rate
81.8%

Complete Housing Data

Home Values

Census Median Value$191,400
Zillow Home Value (ZHVI)$193,096
Redfin Median Sale$324,000
Median Sale Price$324,000
Median List Price$257,900
Price Per Sq Ft$155

Rent

Census Median Rent$1,180
FMR Studio$1,137
FMR 1-Bedroom$1,181
FMR 2-Bedroom$1,369
FMR 3-Bedroom$1,787
FMR 4-Bedroom$2,126

Market

Days on Market84
Sale-to-List Ratio0.9%
Price Drops20.0%
Homes Sold6
Active Inventory5
Price Per Sq Ft$155

Ownership & Stock

Owner-Occupied81.8%
Renter-Occupied18.2%
Homeownership Rate81.8%
Total Housing Units1,843
Median Year Built1985
Rent Burden19.3%