56073 Home Values & Market Trends

There are 13 homes currently listed for 56073. 56073 real estate market trends show that home prices range from $6,560 to $494,900, and the median sales price in the 56073 zip code is $206,111.89. The total number of properties sold within the past twelve months is 222. In 56073, 4 properties are in foreclosure, 0 are bank owned properties,and 4 are headed for auction.

Housing Market Summary for 56073

Apr 2023March 2024Change
Median Listing Price$280K$201.8K-27.93%
Median Sold Price$195K$201.8K3.49%
Homes For Sale91122.22%
Homes Sold8614770.93%
Price
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Homes For Sale
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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%.

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Browse Homes in 56073

The median list price of a home in New Ulm, is $206,111.89. A total of 13 properties are for sale, and the percentage of properties for sale in the zip code is 13.00%. The total count of 56073 properties is 6,461.

Foreclosure
There is 1 cities within 56073; within this cities, the median estimated home value for homes in foreclosure ranges from $226,601 in new ulm to the lowest value of $153,472 in new ulm. Foreclosure homes account for 0.00% of properties in 56073 with new ulm containing 4 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 56073 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 56073; of that cities, 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 Owned
    The median estimated home value of bank owned homes (REO properties) in 56073 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 56073. There is 1 cities within 56073; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    new ulm has 4 auction properties, the highest number of properties going to auction in a single city in the state of 56073. Auction homes and other auction properties account for 0.06% of all properties in 56073. There is 1 cities within 56073; of that cities, the median estimated home value for homes going to auction ranges from $226,601 in new ulm to the lowest value of $153,472 in new ulm.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.20% of residential properties in 56073 with new ulm containing 13 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 56073; homes for sale in that cities, have a range of median values from $369,900 in new ulm to the lowest value of $92,847 in new ulm.
    Sold Homes
    The median value for recently sold homes ranges from $604,277 in new ulm to the lowest price of $39,836 in new ulm. There is 1 cities within 56073. new ulm has 115 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.80% of properties in 56073.

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      Guide for 56073

      Market Reports
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
      Market Reports
      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      A home foreclosure
      Foreclosure
      Impact of Foreclosure on Neighborhood Property Values
      Home Buying Guides & Tips
      Is Buying a Foreclosed Home a Good Idea for First-Time Home Buyers?
      See More Articles
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
      Market Reports|posted 26 March 2024

      Overview of the real estate trends in Saint Paul over the past year, analyzing various aspects like sale prices, property values, market activity, and market dynamics on a monthly basis, discussing influences such as economic conditions, interest rates, seasonal changes, and local employment levels.

      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Market Reports|posted 14 March 2024

      The article provides a comprehensive analysis of real estate market trends in Minneapolis and its surrounding cities, highlighting various shifts in property values and sales. The observations reflect a diverse and dynamic market catering to varying buyer preferences and budgets.

      A home foreclosure
      Impact of Foreclosure on Neighborhood Property Values
      Foreclosure|posted 30 April 2024

      What is the impact on nearby house values of a foreclosed home?

      Is Buying a Foreclosed Home a Good Idea for First-Time Home Buyers?
      Home Buying Guides & Tips|posted 26 April 2024

      Are you considering purchasing a foreclosure for your first home? Let’s look potential pitfalls, and essential tips to make an informed decision.

      Recently Listed Homes 56073

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