Bill Hill
Sherburne Real Estate
Bill Hill provides direct, no-pressure guidance for buyers and sellers navigating the Sherburne, Minnesota real estate market.
Sherburne offers a distinct mix of housing, ranging from established waterfront properties to new construction developments. Single-family detached homes make up 79% of the inventory according to the U.S. Census Bureau, 2020–2024 ACS 5-year estimates. The market remains stable with a median home value for owner-occupied units sitting at $361,400 per the U.S. Census Bureau, 2020–2024 ACS 5-year estimates.
Bill Hill approaches every transaction with a simple philosophy: houses sell houses. His role is to provide clear navigation through the process rather than a sales pitch. Whether searching for a first home or looking to downsize into a property that fits a changing lifestyle, Bill identifies the reality of the property immediately. If a house is not a fit, he says it first.
The area maintains a high rate of ownership, with 83% of homes being owner-occupied according to the U.S. Census Bureau, 2020–2024 ACS 5-year estimates. This stability defines the local landscape. Bill uses his experience in seller representation and new construction to ensure clients understand the logistics of the Sherburne market without any added pressure.
By the numbers
Sherburne County at a glance
| Population2020–2024 ACS 5-year estimates | 100,560 |
|---|---|
| Housing units2020–2024 ACS 5-year estimates | 37,099 |
| Median home value (owner-occupied)2020–2024 ACS 5-year estimates | $361,400 |
| Median monthly rent2020–2024 ACS 5-year estimates | $1,127 |
| Median annual property tax paid2020–2024 ACS 5-year estimates | $3,560 |
| Homes that are owner-occupied2020–2024 ACS 5-year estimates | 83% |
| Homes that are single-family detached2020–2024 ACS 5-year estimates | 79% |
| Median year homes were built2020–2024 ACS 5-year estimates | 1996 |
| Commutes under 30 minutes2020–2024 ACS 5-year estimates | 50% |
| Home price change, 1 year2024 to 2025 | +2.1% |
| Home price change, 5 years2020 to 2025 | +41.5% |
| Average 30-year fixed mortgage rate (U.S.)week of 2026-09-24 | 7.03% |
| Average 30-year fixed mortgage rate a year earlier (U.S.)week of 2025-09-18 | 6.26% |
Sources: U.S. Census Bureau, American Community Survey; Federal Housing Finance Agency House Price Index; Freddie Mac Primary Mortgage Market Survey. Published estimates for the area as a whole, not a valuation of any property.
FAQ
Frequently asked questions
What is the current median home value in Sherburne?↓
The median home value for owner-occupied units in Sherburne is $361,400 according to the U.S. Census Bureau, 2020–2024 ACS 5-year estimates. This figure reflects the diverse range of single-family homes and townhouses found across the county. Local values vary based on specific location and property condition.
How much are annual property taxes in Sherburne, Minnesota?↓
Property owners in Sherburne pay a median annual property tax of $3,560 based on the U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Bill Hill helps clients factor these carrying costs into their overall budget. Tax amounts can differ significantly depending on the specific municipality and property improvements.
What types of homes are most common in Sherburne?↓
Single-family detached homes are the most prevalent, representing 79% of the housing units according to the U.S. Census Bureau, 2020–2024 ACS 5-year estimates. The median year homes were built in the area is 1996 per the same Census data. Buyers will find a mix of mid-nineties builds, new construction, and waterfront properties.
Is Sherburne a good place for first-time buyers currently renting?↓
Sherburne features a high owner-occupancy rate of 83% according to the U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Bill Hill specializes in helping first-time buyers transition from renting to owning by providing clear, honest guidance on the process. He focuses on finding properties that align with the buyer's long-term goals without sales pressure.
What has the long-term home price trend been in Sherburne?↓
Over the last five years, home prices in Sherburne have seen a change of +41.5% according to the Federal Housing Finance Agency House Price Index, 2020 to 2025. In the most recent year, the price change was +2.1% per the same index. These figures indicate a history of significant growth followed by more recent stabilization.