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Sherburne

Learn about the people, housing, costs and businesses in Sherburne, New York

Median Home$145,039
Median Rent$891/month
Population1,392
Leading IndustriesRetail · Construction · Public Administration19% retail
Home Value Growth⬆⬆+11.1% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners71% of occupied units
Sherburne
NY

Frequently Asked Questions

What are today's mortgage rates in Sherburne?

As of today, the 30-year fixed mortgage rate for Sherburne is approximately 6.997% (7.040% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Sherburne?

The median home value in Sherburne is $145k. The median monthly rent is $891. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Sherburne?

Home values in Sherburne have increased 11.1% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Sherburne?

Based on a typical all-in ownership cost of $922/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Sherburne is $58k/year.

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What industries drive the economy in Sherburne?

The largest employment sectors in Sherburne are public administration (27%) and retail (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.