House Prices

House Prices & Home Values Herman, MN 2026


Average Data

average house price$152,600
average size per house1962 ft²
average price per ft²78 $ / ft²

04/04/2026 - The value range (VR) for house prices in Herman, MN is $90/ sqft to $90/ sqft. An average home with 1962 sqft costs approximately $176,580 to $176,580. Herman, MN includes 1 ZIP codes and it is located in Grant county. The lowest prices are found in ZIP 56248, while the highest are in ZIP 56248. The average price per sqare feet is $78. Our analysis is based on 11 property listings.

Avergage prices by ZIP codes Herman

5624891 $ / ft²




Historical development of home values in Herman

Year Estimated value (USD) Change vs. 2025
2010 $70,870 -53.6%
2011 $68,130 -55.4%
2012 $67,946 -55.5%
2013 $70,486 -53.8%
2014 $73,991 -51.5%
2015 $77,788 -49.0%
2016 $81,848 -46.4%
2017 $86,265 -43.5%
2018 $91,035 -40.3%
2019 $95,256 -37.6%
2020 $100,180 -34.4%
2021 $113,944 -25.3%
2022 $132,833 -13.0%
2023 $140,079 -8.2%
2024 $148,182 -2.9%
2025 $152,600 0.0%

Graph: estimated home values in Herman over time (USD)



Example: 100% financing house in Herman

Loan amount: $152,600

Interest rate: 6.00%

Fixed monthly payment: $914.91

Breakdown in the 1st month:
Interest portion: $763.00  –  Principal portion: $151.91

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $9,105.02 $1,873.95 $150,726.05
2 $8,989.44 $1,989.53 $148,736.53
3 $8,866.73 $2,112.24 $146,624.29
4 $8,736.45 $2,242.51 $144,381.78
5 $8,598.14 $2,380.83 $142,000.95
6 $8,451.30 $2,527.67 $139,473.28
7 $8,295.40 $2,683.57 $136,789.70
8 $8,129.88 $2,849.09 $133,940.61
9 $7,954.15 $3,024.82 $130,915.80
10 $7,767.59 $3,211.38 $127,704.42
11 $7,569.52 $3,409.45 $124,294.97
12 $7,359.23 $3,619.74 $120,675.23
13 $7,135.97 $3,843.00 $116,832.23
14 $6,898.95 $4,080.02 $112,752.21
15 $6,647.30 $4,331.67 $108,420.54
16 $6,380.13 $4,598.84 $103,821.70
17 $6,096.48 $4,882.48 $98,939.21
18 $5,795.34 $5,183.63 $93,755.59
19 $5,475.63 $5,503.34 $88,252.25
20 $5,136.19 $5,842.77 $82,409.47
21 $4,775.83 $6,203.14 $76,206.33
22 $4,393.23 $6,585.74 $69,620.59
23 $3,987.03 $6,991.93 $62,628.65
24 $3,555.79 $7,423.18 $55,205.47
25 $3,097.94 $7,881.03 $47,324.44
26 $2,611.86 $8,367.11 $38,957.33
27 $2,095.79 $8,883.18 $30,074.16
28 $1,547.90 $9,431.07 $20,643.08
29 $966.21 $10,012.76 $10,630.32
30 $348.64 $10,630.32 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Herman, MN


1500 sqft3900 sqft
Ø selling price$141,571$301,158
Ø fast selling$128,701$271,043
Ø high price sale$154,440$331,274

In 2026, houses in Herman, MN will be offered at an average price of $78 per square foot. A 1,500 sqft home priced at $141,571 is 23.02% more expensive per square foot than a 3,900 sqft home priced at $301,158. Home prices in Herman, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $208,495. Sellers who can wait longer may achieve a higher price of up to $254,827.

FAQ – Home Values in Herman

What is the median home value in Herman in 2026?

In 2026, the typical home value in Herman is about $152,600 for an average home size of 1962 square feet. This corresponds to an average price of roughly $78 per square foot.

What is the average cost per square foot in Herman?

In 2026, homes in Herman sell for an average of around $78 per square foot, with a typical range between $90 and $90 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Herman is about 1962 square feet, with an estimated 2026 value around $152,600.



Locations close to Herman, MN

Holloway, MN54 $ / ft²
Kandiyohi, MN57 $ / ft²
Kerkhoven, MN61 $ / ft²
Hanley Falls, MN59 $ / ft²
Hancock, MN88 $ / ft²
Grove City, MN92 $ / ft²
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