323 Sherman Street, Detroit Lakes, MN 56501
Just Listed — listed August 14, 2026 · M Premiere
4 Beds | 2 Baths | 2,280 Sq Ft | Single Family Home | MLS# 7127626
Is 323 Sherman Street a Good Deal?
BuyPulse Grade
Well Below Market
At $162/sqft — This home is priced 31% below the typical Detroit Lakes single-family home of $235/sqft.
Powered by the Realgorithm™ — 111 active Detroit Lakes listings · NorthstarMLS
$2,236/month Estimated
- Principal & interest
- $1,866
- Property taxes
- $155
- Home insurance (est.)
- $215
- HOA dues
- None
20% down ($73,800) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
Deciding Week · Day 2 of 7
11% of the last 18 homes like this one went under contract within the first week.
Day count from the MLS listing date · cohort stats from the last 90 days · NorthstarMLS
Located in Holmes 5th Add, Detroit Lakes, MN.
About This Home
Show Stopper! This charming Character home has be totally updated. Insane Main Floor Bathroom with Walk-In Tile Shower, Soaker Tub and High end Finished, Open Kitchen design with eat-up Island, Basement Finished with Family Room, Bedroom, Bath and additional Bonus Room, Nice Front Deck area, Large corner lot with fresh new Lawn and Apple trees, situated in the heart of the city an easy walk to downtown shopping or a day at the Beach.
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $277K and $461K in Detroit Lakes:
- The field: 40 similar Detroit Lakes homes for sale — you have options.
- Tempo: homes like this went pending in a median 28 days — 2 of the last 18 inside 4 days.
- Negotiation: 46% of the last 26 sales here closed at or over list — about half hold full price.
Powered by the Realgorithm™ — 26 real Detroit Lakes closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- Single Family
- Year Built
- 1949
- Above Grade
- 1,500 sq ft
- Below Grade
- 780 sq ft
- Lot Size
- 0.13 acres
- Garage
- 1-car (Detached Garage)
- Heating
- Forced Air
- Cooling
- Central Air
- Basement
- Yes
- Appliances
- Dishwasher, Dryer, Range, Refrigerator, Washer
- Sewer
- City Sewer/Connected
- Water
- City Water/Connected
- Annual Taxes
- $1,860
- County
- Becker
- Days on Market
- 0
323 Sherman Street is listed in Detroit Lakes, MN, part of Becker County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 323 Sherman Street
Shannon Barnum
Associate Broker · Modern Market REALTORS®
Your Detroit Lakes real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by HomeSmart Adventure Realty (DL) · Shown by Modern Market REALTORS®
First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.
View Full Listing & PhotosMLS# 7127626 · Data refreshed August 14, 2026
Similar Homes for Sale Near 323 Sherman Street, Detroit Lakes, MN
Frequently Asked Questions About 323 Sherman Street
- Is $369,000 a good price for a home in Detroit Lakes?
- At $162/sqft, this home is priced significantly below the typical Detroit Lakes single-family home of $235/sqft (31% lower), according to our BuyPulse comparison of comparable active listings. Browse Detroit Lakes homes for sale to compare.
- Does 323 Sherman Street have a basement?
- Yes, 323 Sherman Street has a basement with 780 sq ft of below-grade space.
- What type of heating and cooling does 323 Sherman Street have?
- 323 Sherman Street has Forced Air heating and Central Air cooling.
- Where is 323 Sherman Street located?
- 323 Sherman Street is in the Holmes neighborhood of Detroit Lakes, MN 56501, in Becker County.
- Is 323 Sherman Street still available?
- Yes — 323 Sherman Street is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 323 Sherman Street built?
- 323 Sherman Street was built in 1949. It features a block foundation.
- How many homes like 323 Sherman Street are for sale in Detroit Lakes?
- 40 similar homes (single-family homes between $277K and $461K in Detroit Lakes) are for sale right now — you have options.
- How fast do homes like 323 Sherman Street sell in Detroit Lakes?
- Homes like this one (single-family homes between $277K and $461K in Detroit Lakes) went pending in a median 28 days over the last 90 days — 2 of the last 18 went under contract within 4 days.
- Do homes in Detroit Lakes sell for asking price?
- 46% of the last 26 comparable Detroit Lakes sales closed at or over list price — about half hold full price. Based on real NorthstarMLS closings, not estimates.
- What does "M Premiere" mean?
- M Premiere™ is Modern Market REALTORS®’ early-access tracker for homes entering NorthstarMLS during the critical first 96 hours on market. Well-priced homes in Fargo-Moorhead frequently receive their strongest buyer attention in that opening window. M Premiere surfaces new inventory the moment it lists — so buyers can act before a home becomes widely discovered.
- What does "BuyPulse" mean?
- BuyPulse is Modern Market REALTORS®’ live market-data brand for Fargo-Moorhead: cohort statistics — homes for sale, median days to pending, and share of sales closing at or over list price — computed from real NorthstarMLS closings, not estimates.
- What does "Realgorithm™" mean?
- The Realgorithm™ is Modern Market REALTORS®’ proprietary market-data engine — it computes every BuyPulse verdict from real NorthstarMLS closings (comparable active inventory, median days to pending, and sale-to-list price ratio) rather than an automated online estimate.
Local Companies to Help You Settle In
From inspection to closing to moving day, here are well-known local companies serving the Detroit Lakes area.