Hermantown city: Median Home Value Trend
How Hermantown city's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$221,800
2023
$374,000
Total change
+$152,200
% change
+68.6%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $221,800 | — |
| 2019 | $238,800 | +$17,000 (7.7%) |
| 2020 | $277,300 | +$38,500 (16.1%) |
| 2021 | $300,100 | +$22,800 (8.2%) |
| 2022 | $342,500 | +$42,400 (14.1%) |
| 2023 | $374,000 | +$31,500 (9.2%) |