Herman, MN Home Values & Market Trends
Real estate market trends reflect that there have been 9 transactions over the past year in Herman. The median value for residential home transactions that occurred over the previous year is $143,005. The number of current listings in Herman is 9, and the percentage of properties for sale in the city is 9.00%. Herman, MN currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 9 properties for sale.
Herman, MN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 56248 | $ 143,005 $ 129/sqft |
Housing Market Summary for Herman, MN
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $119.9K | $146.5K | 22.19% |
| Median Sold Price | $0 | $246.5K | - |
| Homes For Sale | 9 | 10 | 11.11% |
| Homes Sold | 0 | 7 | - |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Herman, MN
Browse Homes in Herman, MN
Herman home values range from $25,907 to $480,002. The median estimated value of a home in Herman is $143,005. The median list price of a home is 146,500, and the total count of properties in the city is 18.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Herman, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Herman, MN; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Herman, MN ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Herman, MN. There is 1 zips within Herman, MN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Herman, MN. Auction homes and other auction properties account for 0% of all properties in Herman, MN. There is 1 zips within Herman, MN; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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Guide for Herman, MN
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
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