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Down payment assistance

Buying a home in Sherburn, MN

8 statewide.

Find my programs

What’s local to Sherburn

No program run for Sherburn or for Martin County alone is listed. A home in Sherburn can use the Minnesota statewide and federal programs below.

The closest city that runs its own program is New Ulm, about 48 miles away. City programs usually require the home to be inside that city’s limits.

The Sherburn market

Kinds of homes here

  • 83.6% single-family
  • 0% townhouse
  • 8.4% 2–4 units
  • 6.9% 5+ units
  • 1.1% mobile & other

U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25024.

88.2%

of Sherburn homes were built before 1980. Pre-1978 homes come with a federal lead-paint disclosure.

U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25034.

$86,100
County area median income, 4 people (HUD)
$59,777
Sherburn median household income

See the published limits for Martin County

Free help nearby

Free help from a HUD-approved housing counselor

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Across Minnesota and nationwide

70 statewide & federal programs

Sherburn questions

Does Sherburn have its own down payment program?

No program run for Sherburn alone is listed. A home in Sherburn can use the 8 statewide programs. Each program’s own site has the current terms.

Can I use assistance on a condo in Sherburn?

Each program sets which kinds of homes it accepts. Where the agency publishes them, the program’s page lists them; the agency confirms it for the home you choose.

What is the income limit in Martin County?

Each program sets its own. 13 of the programs here set theirs as a share of HUD’s area median income for Martin County, adjusted for household size. HUD publishes the median each year; the 2026 figure is shown above and on the published limits page.

Where can I take a homebuyer class near Sherburn?

HUD-approved housing counseling agencies teach homebuyer classes. Create a free account and take the 90-second match to see the ones near you.

ZIP codes

56171

Sources: agency sites (June–August 2026), Census ACS 2024 5-year, HUD FY2026, HUD counseling list. Hey Prescott is not a lender.