Market Summary

Hermon, Penobscot County, ME

City Last updated April 8, 2026

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Median Home Price Price

$348,603 $348.6K

Median Monthly Rent Rent

$1,193 $1.2K

GRM

24.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Market Snapshot

Hermon, Penobscot County, ME is a city market with a median home price of $348,603, a median monthly rent of $1,193, a GRM of 24.0x, and a price-to-rent ratio of 24.4.

Comparable Markets

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Similar Markets

Compare nearby and out-of-state comps before deciding whether this market is truly distinctive.

Similar markets within Penobscot County

Region Price Rent GRM Display
$312,711 $1,563 17.0x
$311,669 $1,212 21.0x
$314,123 $1,435 18.0x
$333,262 $1,525 18.0x
$331,134 $1,665 17.0x
$245,751 $1,106 19.0x

Home prices

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Monthly rent

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GRM

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Similar markets within ME outside of Penobscot County

Region Price Rent GRM Display
$284,659 $1,133 21.0x
$268,362 $1,267 18.0x
$299,704 $1,302 19.0x
$201,119 $1,142 15.0x
$284,747 $1,035 23.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of ME

Region Price Rent GRM Display
$371,817 $1,203 26.0x
$435,998 $1,372 26.0x
$313,267 $1,188 22.0x
$223,545 $1,202 15.0x
$192,262 $988 16.0x
$289,759 $1,272 19.0x
$273,597 $1,243 18.0x
$361,196 $1,433 21.0x
$295,387 $1,186 21.0x
$309,959 $1,155 22.0x
$238,112 $998 20.0x
$227,642 $1,160 16.0x
$323,971 $1,166 23.0x
$319,502 $1,351 20.0x
$237,034 $1,042 19.0x
$377,354 $1,172 27.0x
$282,075 $1,234 19.0x
$276,312 $1,226 19.0x
$168,295 $1,216 11.0x
$359,574 $1,144 26.0x
$824,802 $1,193 57.0x
$197,000 $1,040 16.0x
$283,750 $1,198 20.0x
$401,211 $1,407 24.0x
$203,322 $1,123 15.0x
$201,731 $1,132 15.0x
$261,314 $1,217 18.0x
$235,277 $1,202 16.0x
$325,697 $1,143 24.0x
$168,569 $869 16.0x
$310,047 $1,218 21.0x
$246,674 $1,223 17.0x

Home prices

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Monthly rent

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GRM

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Hermon

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Trend Insights

Median Rent in Hermon, ME is $1,193, with MoM change +$11 and YoY change +$77 pointing to positive momentum while volatility is low (std $18).

Benchmark Markets Side by Side

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Metric
Base market Hermon, ME
Compare market Select a market
Delta vs base
Median rent
$1,193
N/A
Median price
$348,603
N/A
YoY change
+$77
N/A
Price-to-rent
24.4x
Data unavailable
Frequently Asked Questions

What is the median home price in Hermon, Penobscot County, ME?

TwinMarket currently shows a median home price of $348,603 for Hermon, Penobscot County, ME.

What is the median rent in Hermon, Penobscot County, ME?

The current TwinMarket market snapshot lists median monthly rent at $1,193 in Hermon, Penobscot County, ME.

What is the GRM in Hermon, Penobscot County, ME?

TwinMarket currently shows a GRM of 24.0x in Hermon, Penobscot County, ME. Use it alongside price, rent, and trend direction rather than as a standalone buy signal.

Which markets look similar to Hermon, Penobscot County, ME?

Comparable markets currently surfaced on TwinMarket for Hermon, Penobscot County, ME include Carmel, Penobscot County, ME, Newburgh, Penobscot County, ME, Orrington, Penobscot County, ME. Open those pages to compare price, rent, GRM, and recent trend context side by side.

When was the Hermon, Penobscot County, ME market page updated?

The market data shown on this page was last updated on April 8, 2026.