Housing Prices in Herman, MN

How much do homes in Herman, MN cost?

Median List Price

$139,900

$103/sqft

Based on all homes listed in the last 12 months.

Difference Since December 2023

+$5,000(+3.7%)

Key Takeaway

The list price of homes in Herman has increased by 3.7% since last year.

Summary: The median home list price in Herman was $139,900 in December 2024, up 3.7% from the previous year, and the median price per square foot was $103.

Median List Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $109.9K$90.4K
-17.7%
3 $129.9K$156.9K
+20.8%
4 $219.4K$229K
+4.4%
5+ --
N/A

Summary: Herman housing prices by bedroom type for December 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 20.8%, 4 bedroom homes increased by 4.4%, 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

Nov 2024Dec 2024CHANGE
54-20.0%

Summary: The Herman real estate market had 4 homes for sale in December 2024, a 20.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 43
-25.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Herman housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, 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

Dec 2023Dec 2024CHANGE
124 Days110 Days-11.1%

Summary: Homes in Herman had an average listing age of 110 days in Dec 2024, down by 11.1% compared to the previous year.

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

Report Updated 2 Days Ago

Newest Listings in Herman, MN

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