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Cheap Homes in Sherburn, MN

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Sherburn, MN Foreclosures

Current Market Conditions in in Sherburn, MN As of February 2026?
Over the past month, Sherburn's real estate market has seen a slight increase in home listing prices, as demand continues to rise. The average time on the market for properties has decreased, indicating a competitive landscape for buyers. With interest rates holding steady, buyers are eager to take advantage of the market while available inventory remains limited. Overall, the market appears healthy, with a good balance of activity and affordability.
How much do homes sell for in Sherburn, MN?
The average home price is currently $325,127.
In Sherburn, MN, how many homes are available?
There are currently 1 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 $5,357,568.
What is currently the cheapest priced home in Sherburn, MN?
The cheapest home for sale in Sherburn is priced at $10,078.

Living in Sherburn, MN

Sherburn, MN is a charming small town in Martin County offering a friendly community atmosphere, good schools, and various recreational activities. With its easy access to highways and outdoor opportunities, it’s an ideal spot for families and outdoor enthusiasts alike.

Buyer vs Seller Market in Sherburn, MN

The real estate market in Sherburn is generally stable, with a mix of single-family homes and rental properties available. The affordability of homes in this area makes it appealing for first-time buyers and investors alike. The community's charm and amenities continue to attract new residents.

There have been several new listings in the past month, reflecting an active market. The demand for homes remains strong, and investors are showing interest in purchasing rental properties due to the appealing community environment and quality of life.

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 $182,712.00. 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 $325,127.00, with the most expensive house in Sherburn, MN, topping out at $5,357,568.00 and the cheapest home in Sherburn, MN, clocking in at $10,078.00. 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.

Cheap Homes in Sherburn, MN


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