Is now a good time to buy land in Hermann, Missouri?
Hermann, Missouri is currently a strong buyer's market with 13.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Comprehensive market data and analysis• Updated Oct 2026
13.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 2 | 2 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | 2 |
| 10-20 acres | 1 | 1 | 2 | 3 |
| 20-50 acres | 1 | 1 | 1 | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | 1 | 1 |
| TOTAL | 2 | 3 | 6 | 9 |
Hermann, Missouri is currently a strong buyer's market with 13.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Hermann, Missouri currently has 13.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
The 3-month absorption rate in Hermann, Missouri is 7.7%. The 12-month rate is 5.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Hermann, Missouri typically sells within 106 days of listing. The median time on market is 56 days. Properties are moving at a moderate pace in the current strong buyer's market.
Over the past 12 months, Hermann, Missouri saw 8 properties sold. In just the last 3 months, 3 properties changed hands.
The current absorption rate in Hermann, Missouri is 7.7% (3-month basis), indicating slow demand. The top-performing broker in this market is Hartman Real Estate.
There are currently 13 active listings in Hermann, Missouri. 10 new listings have hit the market in the last 90 days. The median asking price is $70K.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
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