Is Hermann, MO 65041 a buyer’s or seller’s market?
Hermann is a balanced market. With about 4.9 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 3% of U.S. ZIP codes, and #259 of 263 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Hermann housing market right now
In the three months ending August 31, 2026, 0% of homes in Hermann, MO 65041 sold above their list price, the typical home went under contract in 87 days and there were 4.9 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 17 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 6%, homes sold faster (91 days then) and the median sale price rose 50% to $324,859. Overall, Hermann is less competitive than a year ago, which gives buyers more room.
Within Gasconade County, homes here sell faster than in 50% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Hermann ranks #259 of 263 MO ZIP codes with enough sales (score 8 out of 100).
Nearby, Owensville 65066 (14% sold over asking) is even more competitive.
Run the numbers for 65041
Nearby markets
Bland 65014Buyer’s market $82 /sq ftMorrison 65061 $85 /sq ftOwensville 65066Balanced $140 /sq ftRosebud 63091Buyer’s market $78 /sq ft Browse all markets →Towns like Hermann nearby
Find towns like Hermann in other states →Where Hermann is
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Questions about Hermann real estate
Is Hermann a buyer’s or seller’s market?
A balanced market: there were 4.9 months of supply in Hermann, MO 65041 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Hermann?
The typical home went under contract in 87 days in the latest three months.
Do homes in Hermann sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 95.4% of the list price.
What are property taxes in Hermann?
About 0.73% of a home’s value a year in Gasconade County, or roughly $2,920 on a $400,000 home.
What is the median home price in Hermann?
The median sale price was $324,859 in the three months ending August 31, 2026, about $179 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology