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Featured local agent — Sherburn, MN
Sarah Mitchell
Compass Real Estate · Sherburn, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Sherburn, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$69,500median sale price
How is the Sherburn, MN housing market right now?
The median home sale price in Sherburn, MN is $69,500. Homes sell in an average of 170 days with 5 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Sherburn a buyer's or seller's market?
Sherburn, MN is currently a buyer's market, based on 5.0 months of supply and homes selling in about 170 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
170
Average pace
Active listings
5
5.0 months supply
Sale-to-list
92.7%
Below asking
What does the Sherburn housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $69,500 |
| Median list price | $130,000 |
| Average days on market | 170 days |
| Active inventory | 5 listings |
| Months of supply | 5.0 months |
| Sale-to-list price ratio | 92.7% |
| Median price per sq ft | $46/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Listings with a price cut | 20.0% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Sherburn by property type?
How the Sherburn, MN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $69,500 | $46/sq ft | 1 | 170 days |
Source: Redfin · Updated monthly
The Sherburn housing market is currently classified as a buyer's market with a median sale price of $69,500. Prices have fallen 0.0% compared to last year, with homes spending an average of 170 days on market, indicating 5.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 3.9x provides context for how home values compare to local earning capacity.
Homes for sale in Sherburn
There are currently 5 homes listed for sale in Sherburn, Minnesota. The median listing price is $130K.
Active listings
5
Homes on market
Median list price
$130K
Avg. days on market
170
Days until sale
New this week
1
Newly listed
Who lives in Sherburn?
Population
946
Median income
$63,026/yr
Median age
41.7 years
Owner-occupied
84.1%
College grads
17.7%
Avg commute
23.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Sherburn?
Zillow home value
$243,958
Price-to-income
3.9x
Source: Zillow Research
What is it like to live in Sherburn?
Sherburn is a community of approximately 1K residents with a median age of 41.7 years.The median household income is $63,026, which represents a working-class community with solid middle-income opportunities. 17.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 84.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 23.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Sherburn offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Sherburn?
3 schools tracked · 439 students
The largest public schools serving Sherburn, MN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
MARTIN COUNTY WEST SENIOR HIGH
Grades 9-12 · 208 students
SHERBURN ELEMENTARY
Grades PK-2 · 143 students
MARTIN COUNTY WEST JUNIOR HIGH
Grades 7-8 · 88 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Sherburn, MN?
Want a head-to-head view? Compare Sherburn side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Sherburn?
The median home sale price in Sherburn is $69,500, down 0.0% from last year.
How long do homes stay on market in Sherburn?
Homes typically spend 170 days on market before going under contract.
What is the median income in Sherburn?
The median household income is $63,026 per year.
Is Sherburn a buyer's or seller's market?
With 5.0 months of supply, Sherburn is currently a buyer's market.
What is the Zillow home value estimate for Sherburn?
The Zillow Home Value Index (ZHVI) for Sherburn is $243,958, representing the typical home value in the area.
How much does a single-family home cost in Sherburn?
The median single-family home price in Sherburn, MN is $69,500 (about $46 per square foot).
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