Real Estate Market Update for Hermitage, TN
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was up 30% from one year earlier, and down 7% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just under 330-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 24%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 240-thousand dollars. The number of units sold was consistent year-over-year, and decreased 15% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Hermitage, TN

School Data for Hermitage, TN

School Name Distance Type Grades School Rating
Dodson Elementary School 0.3 mi Public PRESCHOOL-4 1
Tulip Grove Elementary School 1.0 mi Public PRESCHOOL-4 1
Dupont Tyler Middle School 1.0 mi Public 5-8 0
Heritage Christian Academy - Mt. Juliet 1.4 mi Private K-12 0
Hermitage Elementary School 2.1 mi Public PRESCHOOL-4 1
Ruby Major Elementary School 2.4 mi Public PRESCHOOL-4 2
Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.
Local Weather for Hermitage, TN
    Data powered by Attom Data Solutions. Copyright© 2022. Information deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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