House Prices

House Prices & Home Values Hermitage, PA 2026


Average Data

average house price$134,180
average size per house1470 ft²
average price per ft²92 $ / ft²

06/01/2026 - The value range (VR) for house prices in Hermitage, PA is $95/ sqft to $95/ sqft. An average home with 1470 sqft costs approximately $139,650 to $139,650. Hermitage, PA includes 1 ZIP codes and it is located in Mercer county. The lowest prices are found in ZIP 16148, while the highest are in ZIP 16148. The average price per sqare feet is $92. Our analysis is based on 5 property listings.

Avergage prices by ZIP codes Hermitage

16148105 $ / ft²




Historical development of home values in Hermitage

Year Estimated value (USD) Change vs. 2025
2010 $62,316 -53.6%
2011 $59,906 -55.4%
2012 $59,745 -55.5%
2013 $61,978 -53.8%
2014 $65,059 -51.5%
2015 $68,399 -49.0%
2016 $71,968 -46.4%
2017 $75,852 -43.5%
2018 $80,046 -40.3%
2019 $83,758 -37.6%
2020 $88,087 -34.4%
2021 $100,190 -25.3%
2022 $116,799 -13.0%
2023 $123,170 -8.2%
2024 $130,296 -2.9%
2025 $134,180 0.0%

Graph: estimated home values in Hermitage over time (USD)



Example: 100% financing house in Hermitage

Loan amount: $134,180

Interest rate: 6.00%

Fixed monthly payment: $804.48

Breakdown in the 1st month:
Interest portion: $670.90  –  Principal portion: $133.58

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $8,005.98 $1,647.75 $132,532.25
2 $7,904.35 $1,749.38 $130,782.88
3 $7,796.45 $1,857.27 $128,925.61
4 $7,681.90 $1,971.83 $126,953.78
5 $7,560.28 $2,093.44 $124,860.34
6 $7,431.16 $2,222.56 $122,637.77
7 $7,294.08 $2,359.65 $120,278.13
8 $7,148.54 $2,505.18 $117,772.94
9 $6,994.03 $2,659.70 $115,113.25
10 $6,829.98 $2,823.74 $112,289.51
11 $6,655.82 $2,997.90 $109,291.60
12 $6,470.91 $3,182.81 $106,108.79
13 $6,274.61 $3,379.12 $102,729.68
14 $6,066.19 $3,587.53 $99,142.14
15 $5,844.92 $3,808.80 $95,333.34
16 $5,610.00 $4,043.72 $91,289.62
17 $5,360.59 $4,293.13 $86,996.49
18 $5,095.80 $4,557.92 $82,438.56
19 $4,814.68 $4,839.04 $77,599.52
20 $4,516.22 $5,137.51 $72,462.01
21 $4,199.35 $5,454.38 $67,007.64
22 $3,862.93 $5,790.79 $61,216.84
23 $3,505.77 $6,147.95 $55,068.89
24 $3,126.58 $6,527.15 $48,541.74
25 $2,724.00 $6,929.73 $41,612.02
26 $2,296.59 $7,357.14 $34,254.88
27 $1,842.81 $7,810.91 $26,443.97
28 $1,361.05 $8,292.67 $18,151.30
29 $849.58 $8,804.14 $9,347.16
30 $306.56 $9,347.16 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Hermitage, PA


1500 sqft3900 sqft
Ø selling price$166,980$355,212
Ø fast selling$151,800$319,691
Ø high price sale$182,161$390,734

In 2026, houses in Hermitage, PA will be offered at an average price of $92 per square foot. A 1,500 sqft home priced at $166,980 is 25.21% more expensive per square foot than a 3,900 sqft home priced at $355,212. Home prices in Hermitage, PA vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $245,917. Sellers who can wait longer may achieve a higher price of up to $300,564.


Discover Hermitage, PA

Located in Mercer County, Hermitage, PA blends small-town comfort with regional amenities for families, professionals, and retirees.

The city anchors the Shenango Valley and offers quick access to I?80 and I?376 for easy commutes to Pittsburgh, Erie, and Youngstown.

Location and Lifestyle

Residents enjoy four-season living with parks, trails, and neighborhood streets that feel safe and welcoming.

Cost of living and housing in Hermitage, Pennsylvania remain affordable compared with larger metro areas, attracting first-time buyers and downsizers.

Things to Do in Hermitage, PA

Outdoor recreation shines at Buhl Park, home to the nation?s only free public golf course, lakeside paths, and year-round events.
History buffs visit the Avenue of 444 Flags and War on Terror Veterans Memorial, a moving tribute located at Hillcrest Memorial Park in Hermitage.

Shopping and dining cluster along Routes 18 and 62, from local favorites to national retailers in the city?s busy commercial corridors.

Economy and Education

The local economy features employers like Joy Cone Company, healthcare providers, and advanced manufacturing across the Shenango Valley.

Students are served by the Hermitage School District, including Hickory High School, with nearby higher education options such as Penn State Shenango.

Real Estate and Travel

Whether you?re relocating or planning a weekend visit, Hermitage, PA real estate, recreation, and community events make this city a smart, convenient base in western Pennsylvania.



FAQ – Home Values in Hermitage

What is the median home value in Hermitage in 2026?

In 2026, the typical home value in Hermitage is about $134,180 for an average home size of 1470 square feet. This corresponds to an average price of roughly $92 per square foot.

What is the average cost per square foot in Hermitage?

In 2026, homes in Hermitage sell for an average of around $92 per square foot, with a typical range between $95 and $95 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Hermitage is about 1470 square feet, with an estimated 2026 value around $134,180.



Locations close to Hermitage, PA

Sharpsville, PA85 $ / ft²
Sheakleyville, PA87 $ / ft²
Stoneboro, PA77 $ / ft²
Sharon, PA78 $ / ft²
Sandy Lake, PA79 $ / ft²
Pulaski, PA99 $ / ft²
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