Metropolitan market · Minnesota · June 2026 data

New Ulm Real Estate Market

As of June 2026, the median home listed in New Ulm, MN asks $286,175 — up 19.3% year over year. Homes sell in a median of 35 days, with 37 active listings and 11% carrying a price cut — a seller-leaning market. Figures come from public records and industry data, updated monthly.

Median listing price
$286,175
▲ 19.3% YoY
Median $ / sq ft
$121
2,328 sq ft median
Median days on market
35
June 2026
Active listings
37
For sale now
New listings
36
June 2026
Listings with price cuts
11%
Share of active
Median sale price (closed)
$234,900
▲ 11.9% YoY · closed sales
Sale-to-list ratio
97.5%
Closed sales
Homes sold / month
22
Closed sales

New Ulm housing market statistics

The table summarizes New Ulm's key housing figures for June 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data.

New Ulm, MN housing market at a glance — June 2026
MetricLatestDetail
Median listing price$286,175+19.3% YoY
Median price per sq ft$1212,328 sq ft median
Median days on market35+9% YoY
Active listings37+14% YoY
New listings this month36June 2026
Listings with a price cut11%Share of active
Median sale price (closed)$234,900+11.9% YoY
Sale-to-list ratio97.5%Closed sales

How have home prices changed in New Ulm?

New Ulm home prices are up 19.3% year over year and +9.3% month over month as of June 2026, at a $286,175 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$286K$268K$251K$233K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, New Ulm MN · trailing 8 quarters · source: public records and industry data.

The 10-year view
$286K$248K$209K$170K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, New Ulm MN · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in New Ulm?

New Ulm has 37 active listings, 36 new this month, 39 pending as of June 2026. About 11% of active listings have cut their price, and inventory sits at 45% of its 2019 level — a seller-leaning market by pace.

Active listings
37
New this month
36
Pending
39
Price-reduced
4

Is New Ulm a good real estate investment?

New Ulm scores 72/100 on WealthyBud's composite Investor Score, ranking #75 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
72/100
#75 of 932 covered metros
12-month outlook
+5.4%
▲ Rising · model output, not advice
Momentum
69
Value
75
Rental yield
51
Supply risk
8
Market heat
77

New Ulm scores 72/100 on our composite Investor Score (#75 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 45% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are up 19.3% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how New Ulm ranks on the trending markets index.

How much is a monthly mortgage payment in New Ulm?

A home at New Ulm's $286,175 median listing runs about $1,437 a month in principal and interest — 20% down on a 30-year fixed loan at the current 6.43% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 5.43%
$1,290/mo
−$147/mo vs today
At today's rate · 6.43%
$1,437/mo
National weekly average
If rates rise 1% · 7.43%
$1,590/mo
+$153/mo vs today

Principal & interest on the $286,175 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

What is driving the New Ulm housing market?

Longer-run demand in New Ulm shows up in 32 homes permitted in 2025; net migration of -77 residents. Natural-hazard risk rates Relatively Low. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
32
▼ 22.0% vs 2024
1.2 per 1,000 residents
Net migration (2022–2023)
-77
▼ people, via tax-return records
net income flow −$5.97M/yr
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Cold wave

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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New Ulm housing market FAQ

What is the median home price in New Ulm?
As of June 2026, the median listing price in New Ulm, MN is $286,175, up 19.3% year over year (source: public records and industry data). Figures cover the New Ulm, MN metro area.
How much does it cost to buy a home in New Ulm?
The median home listed in New Ulm asks $286,175 as of June 2026. With 20% down on a 30-year fixed loan at the current 6.43% national average rate, that runs about $1,437 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in New Ulm?
The median property in New Ulm spends 35 days on the market, with 37 homes actively listed and 11% of them carrying a price cut — a seller-leaning market by pace as of June 2026.
Is it a buyer's or seller's market in New Ulm?
With a median 35 days on market and 11% of active listings carrying a price cut, New Ulm reads as a seller-leaning market as of June 2026. Faster sales and fewer price cuts favor sellers; slower sales and more cuts favor buyers. Conditions shift monthly.
Is New Ulm a good place to invest in real estate?
New Ulm scores 72/100 on WealthyBud's Investor Score, ranking #75 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in New Ulm?
See WealthyBud directories for the top-producing agents, teams and brokerages serving New Ulm and the wider Minnesota market, ranked by recent sales from public profile data.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the New Ulm, MN metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More Minnesota housing markets

Diego Alvarez-Cruz Rental Market Analyst

Diego Alvarez-Cruz is a rental market analyst who covers rent growth, vacancy rates and landlord economics across major U.S. metros. He builds his analysis from public rental-listing indexes and Census housing surveys, focusing on year-over-year rent trends.