New Ulm, MN Housing Market
The New Ulm housing market is very competitive. The median sale price of a home in New Ulm was $210K last month, down 11.2% since last year. The median sale price per square foot in New Ulm is $132, up 17.9% since last year.
New Ulm Housing Market Trends
In May 2025, New Ulm home prices were down 11.2% compared to last year, selling for a median price of $210K. On average, homes in New Ulm sell after 8 days on the market compared to 18 days last year. There were 17 homes sold in May this year, down from 22 last year.

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How hot is the New Ulm housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 14 days.
- Hot homescan sell for about 5% above list price and go pending in around 5 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
- Some homes get multiple offers.
- The average homes sell for about 3% below list price and go pending in around 61 days.
- Hot homescan sell for around list price and go pending in around 21 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 3% below list price and go pending in around 29 days.
- Hot homescan sell for about 1% above list price and go pending in around 9 days.
New Ulm Migration & Relocation Trends
View houses in New Ulm that sold recently
Recently sold homes
- $275,000 Last Sold Price3 beds1.5 baths1,457 sq ft125 Bianchi Drive Dr, New Ulm, MN 56073List Price$265,000Sale to List4% over listDays on Market31 days125 Bianchi Drive Dr, New Ulm, MN 56073
- $265,000 Last Sold Price3 beds2 baths—sq ft1123 N State St, New Ulm, MN 56073List Price$254,900Sale to List4% over listDays on Market93 days1123 N State St, New Ulm, MN 56073
- $278,500 Last Sold Price4 beds2 baths2,200 sq ft24 Hazelwood Ave, New Ulm, MN 56073List Price$268,000Sale to List4% over listDays on Market50 days24 Hazelwood Ave, New Ulm, MN 56073
- $450,000 Last Sold Price5 beds2 baths2,958 sq ft86 Roslyn Rd, New Ulm, MN 56073List Price$464,900Sale to List3% under listDays on Market61 days86 Roslyn Rd, New Ulm, MN 56073
- $289,900 Last Sold Price4 beds2 baths2,080 sq ft1205 S German St, New Ulm, MN 56073List Price$289,900Sale to List0% over listDays on Market44 days1205 S German St, New Ulm, MN 56073
- $515,000 Last Sold Price4 beds3 baths2,800 sq ft16180 Oakwood Heights Rd, New Ulm, MN 56073List Price$515,000Sale to List0% over listDays on Market236 days16180 Oakwood Heights Rd, New Ulm, MN 56073
- $210,000 Last Sold Price4 beds2.5 baths1,502 sq ft1319 S Minnesota St, New Ulm, MN 56073List Price$219,900Sale to List5% under listDays on Market255 days1319 S Minnesota St, New Ulm, MN 56073
- $20,000 Last Sold Price—beds—baths—sq ft1527 S German St, New Ulm, MN 56073List Price$23,000Sale to List13% under listDays on Market138 days1527 S German St, New Ulm, MN 56073
See all recently sold homes in New Ulm.
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Schools in New Ulm
- Elementary
- Middle
- High
GreatSchools Rating
7/10 New Ulm Middle School Public • 5-8 | 648 Students | N/A |
4/10 Jefferson Elementary School Public • 1-4 | 619 Students | 3 reviews |
NR Esy Public • K-12 | - Students | N/A |
NR R.I.S.E. Program Public • K-12 | 11 Students | N/A |
NR Raptor Program Public • 2-12 | 10 Students | N/A |
Climate's impact on New Ulm housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in New Ulm.
Flood Factor - Minor
Flood Factor

Fire Factor - Major
Fire Factor

Wind Factor - Minor
Wind Factor

Heat Factor - Minor
Heat Factor

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