Comprehensive market data and analysis• Updated Dec 2025
15.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 1 | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 1 | 2 |
Acreage buckets
The median price for land in Sherburn, Minnesota is currently $45K per acre. For a typical parcel, the median sale price is $148K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $34K while premium lots reached $262K.
Sherburn, Minnesota is currently a strong buyer's market with 15.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Sherburn, Minnesota currently has 15.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
The 3-month absorption rate in Sherburn, Minnesota is 6.7%. The 12-month rate is 3.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Sherburn, Minnesota saw 2 properties sold, totaling $295K in sales volume. In just the last 3 months, 1 properties changed hands.
The median land price in Sherburn, Minnesota stands at $148K. This translates to roughly $45K per acre for the typical parcel size.
There are currently 5 active listings in Sherburn, Minnesota. The median asking price is $99K.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
