Commercial Real Estate Market in Sherburn, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
3 active listings and 74 off-market properties in Sherburn, MN.
Market Trends
Sherburn, MN spans 89.4 square miles in Martin County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Sherburn, MN runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Sherburn, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Sherburn, MN runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Sherburn, MN runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 71.8%
- Commercial 16.9%
- Industrial 11.4%
Largest Zones share of zoned land by district
Residential
Business
Industrial
Multifamily Residential
Mobile Home Parks
Sherburn, MN zones 416 acres across 5 districts. Commercial zoning covers 16.9% of zoned land, residential 71.8% and industrial 11.4%. The largest single district is Residential at 63.4%. For commercial buyers the practical constraint is that only 28.2% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Sherburn, MN has 1,676 residents in 775 households. Density runs 19 people per square mile. Median household income here is $74,750 and median gross rent $747 a month.
1,676
Population
775
Households
2.2
Avg Household Size
46
Median Age
24%
College-Educated
96%
High-School Grad
89.4 sq mi
ZIP Area
19
Density / Sq Mi
$74,750
Median Household Income
$42,059
Median Earnings
$747
Median Rent
$154,900
Median Home Value
Tools
Nearby Markets
Frequently Asked Questions
What zoning applies to commercial property in Sherburn?
Sherburn, MN zones 416 acres across 5 districts, of which 16.9% is commercial and 11.4% industrial. The largest single district is Residential at 63.4% of zoned land. Residential zoning covers 71.8% and open space 0%.
Where does Realmo's Sherburn market data come from?
Realmo compiles Sherburn, MN figures from 5 recent recorded sales, 3 active sale listings, 74 tracked off-market properties, the current Sherburn zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 3 active for-sale and 0 active for-lease listings in Sherburn, MN. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 416 zoned acres across 5 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
