Sherburn, MN Foreclosures
How much do homes sell for in Sherburn, MN?
The average home price is currently $340,852.
What’s the average rental cost in Sherburn, MN?
The average rental price in Sherburn is $1,298.
What is the most expensive home in Sherburn?
The most expensive home sold in Sherburn had a price of $5,200,009.
What is currently the cheapest priced home in Sherburn, MN?
The cheapest home for sale in Sherburn is priced at $11,978.
Living in Sherburn, MN
Sherburn, MN is a charming small town known for its friendly community, beautiful parks, and family-oriented atmosphere. Residents enjoy a peaceful country lifestyle while having convenient access to nearby amenities in larger towns. This location offers a mix of outdoor activities, making it ideal for nature lovers and families alike.
Current Market Conditions in Sherburn, MN
The real estate market in Sherburn is currently seeing a stable transition, with moderate pricing reflecting the town's small-town charm. Many new families are moving to the area, attracted by its affordability and quality of life. There’s a balanced mix of listings, from starter homes to larger family residences.
Overall, buyer demand has increased slightly over the past year, leading to a competitive atmosphere for desirable homes, especially those with acreage or unique features.
Home Value Estimator For Sherburn, MN
There are currently 760 real estate properties
in Sherburn, MN,
with a median automated valuation model (AVM) price
of $182,086.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Sherburn, MN, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Sherburn, MN,
is $340,852.00, with the most expensive house
in Sherburn, MN, topping out
at $5,200,009.00 and the cheapest home
in Sherburn, MN,
clocking in at $11,978.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Sherburn, MN!
Rent Prices
In Sherburn, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Sherburn, MN, is on
a rollercoaster ride. The
average rent price in Sherburn, MN,
is $1,298.00. Indeed, when looking to rent in
Sherburn, MN, you can expect to pay as little
as $580.00 or as much
as $2,700.00,
with the average rent median estimated to
be $1,210.00. The good news is that finding
an affordable and desirable property to rent in Sherburn, MN
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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