Market Intelligence Report — PA-850

Hermitage, PA

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-PA-08
As of the latest 2026 data
Stabilizing

Median Listing

$189K
+11.5% YoY

Pending Ratio

0.57
+1.2% YoY

Active Inventory

262
+5.7% YoY

Median DOM

61 Days
-18.2% YoY

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The Hermitage market is exhibiting stabilizing dynamics, with a pending ratio of 0.57 and active listings seeing a moderate increase of 5.7% year-over-year. While median listing price appreciated by 11.5% year-over-year, absorption remains in a balanced range.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Hermitage market right now.

Active listings expanded by 5.7% over the past year, reaching 262 units, and new listings rose significantly by 22.7% year-over-year. Despite this inventory growth, the median listing price continued an upward trend, increasing by 11.5% year-over-year. The pending ratio maintained a relatively stable position at 0.57, reflecting consistent, albeit not accelerating, demand relative to available supply. Median days on market decreased by 18.2% year-over-year, indicating a faster pace of transactions.

Historical Analysis

Market Trends

Median Price

$189K+5.0% MoM

Active Inventory

262+5.7% YoY

Days on Market

61-18.2% YoY

Sold Score™

70+1.2% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

70
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The current pace suggests that while properties are moving faster, reflected in the 18.2% year-over-year decrease in median days on market, the increase in active listings may offer more options. Price discipline for sellers remains important, with the pending ratio indicating a market where neither demand nor supply holds overwhelming negotiating leverage. Buyers are experiencing sustained price growth.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

262 active listings represent the current floor, with new supply arriving at roughly 108 per month.

Pricing Pressure
15.3%

of active listings carry a price reduction, -4.3% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -1.5% year-over-year.

Absorption
0.57

Pending-to-active ratio — Stabilizing.

Recommended For This Market

Stabilizing

Selling in Hermitage, PA? Homes here are taking 14 days less to sell than last year.

Hermitage, PA is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
57%
Median Days on Market
61 days
Inventory YoY
+6%

Hermitage, PA is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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Metro Demographics

Metro Area
Hermitage, PA
CBSA Code
25850
State
PA

ZIPs in Hermitage, PA

Sorted by active inventory · click a ZIP for its full report