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Herman Real Estate Market Facts

  • $62,100Median home price
    68% lower than Minnesota
  • $413Median rent asked
    53% lower than Minnesota
  • 78.3%Home owners
    10% higher than Minnesota
  • 1.8People per home
    24% lower than Minnesota

Herman Home Affordability

  • $62,100Median home price
    68% lower than Minnesota
  • $40,781Median home income
    35% lower than Minnesota
  • 1.5xHome price to income ratio
    50% lower than Minnesota

Herman Affordability Calculator

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Herman Mortgage Calculator

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Herman Demographics

  • 394Population
  • 355People / sq mile
  • 56.7Median age
  • 1.1:1Male/Female ratio

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Elbow Lake CDP, MN69$0100%
Tintah, MN47$0100%
Dumont, MN107$42,50077%
Norcross, MN37$45,00076%
Elbow Lake, MN1,261$74,60060%
Herman, MN394$62,10066%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Wahpeton, IA394$341,70085%
St. Bernice, IN394$48,80074%
Lake Bridgeport, TX394$153,70017%
Brule, NE394$70,80062%
South Heights, PA394$85,60054%
Herman, MN394$62,10066%
Source: The Herman, MN housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).