Dave Lilja's Localized Market Report
Sherburne County, MN
Single-Family Homes
Think Minnesota Realty | 612-810-8779 | dog28@me.com
Sherburne County, MN
Fri Oct 23 2026
This week the median list price for Sherburne County, MN is $464,990 with the market action index hovering around 34. This is less than last month's market action index of 37. Inventory has increased to 363.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.
Real-Time Market Profile
| Median List Price | $464,990 | |
| Median Price of New Listings | $484,950 | |
| Per Square Foot | $198 | |
| Average Days on Market | 96 | |
| Median Days on Market | 63 | |
| Price Decreased | 40% | |
| Price Increased | 1% | |
| Relisted | 20% | |
| Inventory | 363 | |
| Median Rent | ||
| Market Action | 34 | |
| Slight Seller's Advantage | ||
The market appears to be hovering around these current levels. The Market Action Index is a good leading indicator for the durability of this trend.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $664,900 | 3,122 | 2.5 - 5 acres | 4 | 3 | 13 | 5 | 4 | 70 |
| $499,990 | 2,495 | 0.25 - 0.5 acre | 4 | 2.5 | 3 | 8 | 3 | 56 |
| $421,900 | 2,151 | 0.25 - 0.5 acre | 4 | 2.5 | 7 | 4 | 8 | 70 |
| $339,900 | 1,735 | 0.25 - 0.5 acre | 3 | 2 | 31 | 5 | 8 | 45 |