Sherburn, MN Foreclosures
How much do homes sell for in Sherburn, MN?
The average home price is currently $312,401.
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 $2,943,375.
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 and welcoming town that offers a quiet, rural lifestyle amidst beautiful natural scenery. With community-oriented events and essential amenities, it is a fantastic place for families and individuals seeking a tight-knit environment. The nearby parks and lakes provide plenty of outdoor activities for residents to enjoy all year round.
Current Market Conditions in Sherburn, MN
The real estate market in Sherburn, MN, has been experiencing steady growth over the past few years. With its affordable housing options and a mix of single-family homes and apartments, the area has become increasingly attractive to first-time homebuyers. Listings are moving quickly, and prices have seen a moderate uptick due to the ongoing demand for quality homes in a peaceful setting.
Current market trends indicate a seller's market, with fewer homes available compared to the number of buyers actively seeking properties. This has led to competitive bidding situations, contributing to price increases. As more individuals and families search for homes outside urban centers, areas like Sherburn are becoming more popular.
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 $184,620.00. 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 $312,401.00, 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 $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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