Housing Prices in Herman, MN

How much do homes in Herman, MN cost?

Median List Price

$139,900

$102/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$10,000(+7.7%)

Key Takeaway

The list price of homes in Herman has increased by 7.7% since last year.

Summary: The median home list price in Herman was $139,900 in October 2024, up 7.7% from the previous year, and the median price per square foot was $102.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $70K-
N/A
2 $109.9K$90.4K
-17.7%
3 $102.4K$139.9K
+36.6%
4 $234.9K$219.4K
-6.6%
5+ --
N/A

Summary: Herman housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.7%, 3 bedroom homes increased by 36.6%, 4 bedroom homes decreased by 6.6%, and 5+ bedroom homes did not change.

Housing Supply in Herman, MN

How many homes are available in Herman, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
46+50.0%

Summary: The Herman real estate market had 6 homes for sale in October 2024, a 50.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 35
+66.7%
4 01
+100.0%
5+ 00
0.0%

Summary: The Herman housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Days on Market for Herman, MN

How long does it take to sell a home in Herman, MN?

Average Listing Age

Oct 2023Oct 2024CHANGE
115 Days52 Days-54.8%

Summary: Homes in Herman had an average listing age of 52 days in Oct 2024, down by 54.8% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 23 Days Ago

Newest Listings in Herman, MN

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