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Sherburn city, MN

ZIP 56171 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 56171

Median Home Value
$154,900
Median Rent
$466
Affordability Snapshot
$43,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$995/mo PITI).

7%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.1x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

27.7 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 56171 in Sherburn city, MN, a household would need roughly $43,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $995. That sits below the local median household income ($74,750), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 19% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
87.6%+34% vs US avg
x
Vacancy Rate
18.8%+83% vs US avg
x
Broadband Access
89.0%+2% vs US avg
x
4+ Bedrooms
7.0%-53% vs US avg
x
Built Pre-1939
3.2%-75% vs US avg
x
Built Post-2014
0.4%-94% vs US avg
x
Rent Burden >30%
15.4%-69% vs US avg
x
Mortgage-Free
51.9%+36% vs US avg
x
$154,900
Home Value
$466
Rent
1958
Year Built
2004
Moved In

Residents have lived here since ~2004 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached90.3%
  • 1-unit attached0.0%
  • 2-9 units5.0%
  • 10+ units2.3%
  • Mobile home & other2.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$154,900
Median rent$466
Owner-occupied87.6%
Vacant18.8%
Price-to-income2.1x
Est. income to buy$43,000