New Ulm, MN Home Values & Market Trends
Real estate market trends reflect that there have been 166 transactions over the past year in New Ulm. The median value for residential home transactions that occurred over the previous year is $249,900. The number of current listings in New Ulm is 220, and the percentage of properties for sale in the city is 220.00%. New Ulm, MN currently has 1 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 220 properties for sale.
New Ulm, MN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 56073 | $ 249,900 $ 182/sqft |
Housing Market Summary for New Ulm, MN
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $231.2K | $256.2K | 10.81% |
| Median Sold Price | $474.5K | $223.7K | -52.85% |
| Homes For Sale | 100 | 210 | 110.00% |
| Homes Sold | 6 | 76 | 1166.67% |
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 $33,900 to $721,377. The median estimated value of a home in New Ulm is $249,900. The median list price of a home is 256,200, and the total count of properties in the city is 317.
- 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 1 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 0.32% 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 $237,031 in 56073 to the lowest value of $237,031 in 56073.
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More Real Estate Resources for New Ulm, MN
Guide for New Ulm, MN
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
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