New Ulm, MN Home Values & Market Trends
Real estate market trends reflect that there have been 221 transactions over the past year in New Ulm. The median value for residential home transactions that occurred over the previous year is $206,748.3. The number of current listings in New Ulm is 13, and the percentage of properties for sale in the city is 13.00%. New Ulm, MN currently has 4 properties in foreclosure, 0 bank owned properties, 4 properties headed for auction, and 13 properties for sale.
New Ulm, MN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 56073 | $ 229,900 $ 91/sqft |
Housing Market Summary for New Ulm, MN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $280K | $201.7K | -27.98% |
| Median Sold Price | $195K | $201.7K | 3.42% |
| Homes For Sale | 9 | 11 | 22.22% |
| Homes Sold | 86 | 146 | 69.77% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in New Ulm, MN
Browse Homes in New Ulm, MN
New Ulm home values range from $20,825 to $2,766,201. The median estimated value of a home in New Ulm is $206,748.3. The median list price of a home is 239,900, and the total count of properties in the city is 6,408.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in New Ulm, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within New Ulm, MN; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in New Ulm, MN ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in New Ulm, MN. There is 1 zips within New Ulm, MN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions56073 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of New Ulm, MN. Auction homes and other auction properties account for 0.06% of all properties in New Ulm, MN. There is 1 zips within New Ulm, MN; of that zips, the median estimated home value for homes going to auction ranges from $226,601 in 56073 to the lowest value of $153,472 in 56073.
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