4 Bedroom Homes for Sale in Hermitage, TN

4 Bedroom Homes for Sale in Hermitage, TN May 19, 2024
181
Listed
63
Avg. DOM
$216.20
Avg. $ / Sq.Ft.
$519,990
Med. List Price
181 Properties
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Overview of the Hermitage, TN Real Estate Market for 4 Bedroom Homes

The real estate market in Hermitage, TN, particularly for 4-bedroom homes, showcases a robust and dynamic environment. This region, characterized by its peaceful suburban feel combined with proximity to Nashville, offers a diverse range of residential options. Four-bedroom homes in Hermitage typically appeal to growing families and professionals seeking spacious and versatile living spaces. With various neighborhoods offering unique living experiences, from tranquil park-side settings to vibrant community hubs, the market caters to a wide spectrum of preferences and lifestyles.

Hermitage 4 bedrooms Home

Current Market Prices and Trends for 4 Bedroom Homes in Hermitage, TN

Recent Surge in Median Home Prices

Over the past year, the median price for 4-bedroom homes in Hermitage has seen a notable increase, aligning with broader regional trends. Currently, the average selling price stands at approximately $450,000, with homes typically ranging from $401,000 to $590,000. This upward trend is driven by high demand and a competitive housing market, where properties often receive multiple offers and sell close to their listing price.

Price Per Square Foot and Annual Growth Trends

The price per square foot for 4-bedroom homes in Hermitage averages around $210, offering value in a market pressured by rising costs elsewhere in the Nashville area. This price reflects the quality and size of the homes available, with average dimensions around 2,250 to 2,900 square feet. Observing the annual growth trends, Hermitage's real estate market has demonstrated a steady increase in value, promising potential for investment and appreciable returns for homeowners.

Architectural Styles and Home Designs in Hermitage

Hermitage boasts a rich array of architectural styles, with a strong emphasis on modern and traditional designs that cater to a variety of tastes and preferences. The majority of 4-bedroom homes in this area showcase features typical of contemporary American housing, including open floor plans, large master suites, and updated kitchens with energy-efficient appliances. Traditional homes, often built in the late 20th century, feature classic brick exteriors, hardwood floors, and formal dining rooms, reflecting the historical roots of the region.

Hermitage 4 bedrooms Homes

Average Square Footage and Property Sizes of 4 Bedroom Homes

The average 4-bedroom home in Hermitage offers generous living spaces, typically ranging from 2,200 to 2,900 square feet. These dimensions provide ample room for family activities, home offices, or guest accommodations, making them ideal for a variety of living situations. The property sizes also vary, with many homes featuring large backyards, often landscaped and equipped with patios or decks, which are perfect for outdoor entertaining or relaxing after a busy day.

Detailed Listing Prices for Recently Sold 4 Bedroom Homes

In Hermitage, TN, the real estate market for 4-bedroom homes is lively, with recent sales ranging from $470,000 to $625,000. These homes vary in style and size but consistently offer value to potential buyers. For instance, homes on the lower end of this price range often feature around 2,100 square feet of living space, while those at the higher end can offer up to 2,800 square feet with additional amenities such as upgraded kitchens and enhanced outdoor spaces.

Hermitage TN 4 bedrooms Homes

Comparison with Nearby Neighborhoods

Market Dynamics in East Nashville and Madison

Comparing Hermitage to nearby neighborhoods like East Nashville and Madison, the market in Hermitage is somewhat less competitive, which might appeal to buyers looking for a slower-paced market. East Nashville homes often sell for about 2% below list price and go pending in about 62 days, while homes in Madison sell for about 3% below list price and typically go pending quicker, in around 47 days.

Local Schools and Education Quality Near 4 Bedroom Homes

Hermitage is home to several well-regarded schools, making it a sought-after location for families. Local educational institutions such as Hermitage Elementary, Donelson Middle School, and McGavock High School are known for their commitment to academic excellence and well-rounded educational programs. Proximity to quality education is a significant factor in the area's appeal, enhancing the community's profile and supporting property values.

Property Taxes and Additional Homeownership Costs in Hermitage

In Hermitage, the average property tax rate is around 0.74% of the home's assessed value, which is competitive compared to the national average. For a home valued at $450,000, this translates to annual property taxes of approximately $3,330. Homeowners in Hermitage also benefit from Tennessee's no state income tax policy, making it an economically attractive area for potential homebuyers looking for affordable living without compromising on lifestyle and amenities.

Community Amenities and Lifestyle Features

Hermitage offers residents a variety of community amenities, including public parks, walking trails, and community centers. Andrew Jackson's Hermitage offers historical insights with its beautiful grounds and activities, while nearby Percy Priest Lake provides ample opportunities for water sports and outdoor recreation. The neighborhood also features various local shopping and dining options, enhancing the suburban lifestyle that attracts many to the area.

Interior Upgrades and Home Amenities in Recent Listings

Recent listings of 4-bedroom homes in Hermitage often highlight numerous upgrades and amenities that enhance comfort and aesthetic appeal. Features such as stainless steel appliances, granite countertops, and hardwood floors are common. Additionally, energy-efficient upgrades, smart home technology, and landscaped yards are increasingly popular, reflecting modern homebuyer preferences and the community’s focus on sustainable living.

In summary, Hermitage, TN offers a diverse and appealing real estate market for those seeking 4-bedroom homes. From the architecture and design that cater to modern and traditional tastes to the educational opportunities and community amenities enhancing daily life, Hermitage provides a compelling mix of affordability, lifestyle, and investment potential. With a real estate market showing promising growth and a community rich in amenities, Hermitage stands out as a prime location for homebuyers.