New Ulm, MN metro area Housing Market
Warm MarketComprehensive housing market data for the New Ulm, MN metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: January 2026
Median Sale Price
$175K
↑ 4.5% YoY
Days on Market
22 days
↓ 71.1% YoY
Active Inventory
39
↑ 50.0% YoY
Homes Sold
9
↓ 40.0% YoY
Warm Market
The market is active with moderate buyer demand.
New Ulm, MN metro area Market Summary
The New Ulm, MN metro area housing market is heating up. As of January 2026, the median home sale price is $175K, up 4.5% year-over-year. Homes are spending a median of 22 days on the market, 71.1% shorter than a year ago.
There are 39 homes for sale — 50.0% more than last year. With 4.3 months of supply, this is a balanced market. 12 new listings were added during this period, up 50.0% year-over-year.
Homes are selling for 99.7% of their list price on average, suggesting room for negotiation. 33.3% of homes sell above their asking price. 12.8% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
55
Contributing Factors
How This Market Compares
vs. National Median
vs. Minnesota Median
Investor Takeaway
Prices are 59% below the national median, which could indicate stronger cash flow potential.
New Ulm, MN metro area Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Price per Square Foot
Sale-to-List Ratio
New Listings
Listings with Price Drops
Detailed Market Metrics
Median List Price
$227K
Price per Sq Ft
$121
Sale-to-List Ratio
99.7%
Months of Supply
4.3
Sold Above List
33.3%
Price Drops
12.8%
New Listings
12
↑ 50.0% YoY
Pending Sales
10
Off Market in 2 Weeks
30.0%
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.