Market Summary

Hermon, Penobscot County, ME

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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.

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

Search a market to benchmark rent, price, YoY, and price-to-rent against Hermon, ME.

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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
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