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Foreclosure Homes in Sherburn, MN

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Sherburn, MN Foreclosures

Current Market Conditions in in Sherburn, MN As of April 2026?
Over the past month, Sherburn's real estate market has seen a subtle shift in dynamics. While home listings remain steady, there has been a slight increase in buyer interest, which suggests competitiveness in the lower price segments. Prospective homeowners are taking advantage of current mortgage rates, contributing to a faster turnover of properties.
How much do homes sell for in Sherburn, MN?
The average home price is currently $303,003.
In Sherburn, MN, how many homes are available?
There are currently 3 active home listings available in Sherburn.
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 $2,943,375.
What is currently the cheapest priced home in Sherburn, MN?
The cheapest home for sale in Sherburn is priced at $10,029.

Living in Sherburn, MN

Sherburn, Minnesota is a charming small town nestled in Martin County, known for its welcoming community and outdoor activities. It features a strong educational system, making it perfect for families looking for a peaceful environment. With local amenities and recreational opportunities, Sherburn is an inviting place to call home.

Buyer vs Seller Market in Sherburn, MN

Sherburn currently has a stable real estate market with a healthy mix of residential properties available. The community is experiencing gradual growth, attracting both new residents and investors. Home prices are competitive, reflecting the town's appeal as a desirable place to live.

There is an increasing interest in properties in Sherburn, with a notable trend towards family-sized homes due to the area's reputation for quality schools and safe neighborhoods. Buyers are looking for affordable yet spacious homes, which has pushed demand up in certain segments of the market.

Home Value Estimator For Sherburn, MN

There are currently 848 real estate properties in Sherburn, MN, with a median automated valuation model (AVM) price of $177,948.00. 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 $303,003.00, with the most expensive house in Sherburn, MN, topping out at $2,943,375.00 and the cheapest home in Sherburn, MN, clocking in at $10,029.00. 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.

Sherburn, MN Foreclosures

Market Trend for Sherburn, MN

Total Listings Available: 3

Market Values:

Home Prices from $10,029 to $2,943,375

Average Sales Price: $303,003

Rental Values:

Rental from $580 to $2,700

Average Rent Value: $1,298 / month

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