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Sherburne County Housing Market

Minnesota · 87 counties · Ranked #2759 in home value

Above National Avg

Housing at a Glance

Median Home Value

$332,700

vs national+$332,700 vs $281,900 national

Median Gross Rent

$1,151/mo

vs national$1,151 vs $1,163 national

Effective Tax Rate

1.00%

vs national1.00% vs 1.02% national

Median Household Income

$102,965

vs national+$102,965 vs $74,755 national

Affordability Ratio

3.2x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

27.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$3,311

Tax as % of Home Value

1.00%

Monthly Owner Cost

$1,669

Renter Income

$50,061

Frequently Asked Questions

What is the median home value in Sherburne County?
The median home value in Sherburne County is $332,700. This is above the national median of $281,900.
How much is rent in Sherburne County?
The median gross rent in Sherburne County is $1,151 per month.
What is the property tax rate in Sherburne County?
The effective property tax rate in Sherburne County is 1.00%. The median annual property tax bill is $3,311.
Is Sherburne County affordable?
With a home-value-to-income ratio of 3.2x, Sherburne County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.