Sherburn, MN

Buyer's market+100.4% YoY

Housing market overview · Updated weekly

$250,000median sale price

Homes sold

1

Last 12 weeks

Days on market

215

Average pace

Active listings

8

8.0 months supply

Sale-to-list

98.0%

Below asking

The Sherburn housing market is currently classified as a buyer's market with a median sale price of $250,000. Prices have risen 100.4% compared to last year, with homes spending an average of 215 days on market, indicating 8.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Sherburn

There are currently 8 homes listed for sale in Sherburn, Minnesota.

Active listings

8

Homes on market

Avg. days on market

215

Days until sale

Price drops:12.5%of listings
Sale-to-list:98.0%

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Frequently asked questions

What is the average home price in Sherburn?

The median home sale price in Sherburn is $250,000, up 100.4% from last year.

How long do homes stay on market in Sherburn?

Homes typically spend 215 days on market before going under contract.

Is Sherburn a buyer's or seller's market?

With 8.0 months of supply, Sherburn is currently a buyer's market.

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