The median sale price of a home in Hermitage Estates was $345K last month, up 6.9% since last year. The median sale price per square foot in Hermitage Estates is $316, up 16.6% since last year.
What is the housing market like in Hermitage Estates today?
In March 2024, Hermitage Estates home prices were up 6.9% compared to last year, selling for a median price of $345K.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$344,750
+6.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Hermitage Estates, TN
$344,750
+6.9%
United States
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How hot is the Hermitage Estates housing market?
Learn what it takes to have a winning offer
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
96.7%
+0.07 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Hermitage Estates, TN
96.7%
+0.07 pt
United States
Home offer insights for Hermitage Estates
Explore recent offers and recently sold homes in Hermitage Estates
Recent offers
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School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Hermitage Estates housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Hermitage Estates.
Risk Factor
Flood Factor - Moderate
18% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Hermitage Estates has a moderate risk of flooding. 61 properties in Hermitage Estates are likely to be
severely affected
by flooding over the next 30 years. This represents 18% of all properties in Hermitage Estates. Flood risk is increasing slower than the national average.
44% of properties are at risk of wildfire over the next 30 years
Fire Factor
Hermitage Estates has a minor risk of wildfire. There are 205 properties in Hermitage Estates that have some risk of being affected by wildfire over the next 30 years. This represents 44% of all properties in Hermitage Estates.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Hermitage Estates has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Hermitage Estates is most at risk from hurricanes. 464 properties in Hermitage Estates have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 61 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 70 mph.
100% of properties are at major
risk of heat over the next 30 years
Heat Factor
Hermitage Estates has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Hermitage Estates have a Major Heat Factor®.
Hermitage Estates is expected to see a 171% increase in the number of days over 105ºF over the next 30 years. Hermitage Estates is expected to experience 6