New Ulm, MN Housing Market
The New Ulm housing market is somewhat competitive. The median sale price of a home in New Ulm was $260K last month, up 14.5% since last year. The median sale price per square foot in New Ulm is $95, down 7.8% since last year.
New Ulm Housing Market Trends
In February 2025, New Ulm home prices were up 14.5% compared to last year, selling for a median price of $260K. On average, homes in New Ulm sell after 139 days on the market compared to 35 days last year. There were 6 homes sold in February this year, down from 7 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
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 42 days.
- Hot homescan sell for about 2% above list price and go pending in around 12 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 1% above list price and go pending in around 14 days.
- Hot homescan sell for about 3% above list price and go pending in around 4 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 25 days.
- Hot homescan sell for around list price and go pending in around 10 days.
New Ulm Migration & Relocation Trends
View houses in New Ulm that sold recently
Recently sold homes
- $215,000 Last Sold Price3 beds2 baths1,565 sq ft321 Linden St, New Ulm, MN 56073List Price$199,900Sale to List8% over listDays on Market38 days321 Linden St, New Ulm, MN 56073
- $150,500 Last Sold Price4 beds2 baths—sq ft516 S Front St, New Ulm, MN 56073List Price$149,700Sale to List1% over listDays on Market182 days516 S Front St, New Ulm, MN 56073
- $170,000 Last Sold Price3 beds1.5 baths1,048 sq ft1005 State St St S, New Ulm, MN 56073List Price$164,900Sale to List3% over listDays on Market44 days1005 State St St S, New Ulm, MN 56073
- $238,000 Last Sold Price3 beds2 baths1,712 sq ft1221 Maplewood Dr Dr, New Ulm, MN 56073List Price$254,900Sale to List7% under listDays on Market118 days1221 Maplewood Dr Dr, New Ulm, MN 56073
- $159,000 Last Sold Price3 beds2 baths1,800 sq ft306 S Jefferson St, New Ulm, MN 56073List Price$163,500Sale to List3% under listDays on Market35 days306 S Jefferson St, New Ulm, MN 56073
- $515,000 Last Sold Price5 beds3.5 baths4,076 sq ft24 Indian Pt, New Ulm, MN 56073List Price$515,000Sale to List0% over listDays on Market189 days24 Indian Pt, New Ulm, MN 56073
- $180,0002 beds1 bath840 sq ft1114 N Washington St, New Ulm, MN 56073List Price—Sale to List—Days on Market—1114 N Washington St, New Ulm, MN 56073
- $90,000 Last Sold Price3 beds2 baths1,701 sq ft327 N Washington St, New Ulm, MN 56073List Price$102,000Sale to List12% under listDays on Market156 days327 N Washington 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
8/10 New Ulm Middle School Public • 5-8 | 663 Students | N/A |
4/10 Jefferson Elementary School Public • 1-4 | 602 Students | 3 reviews |
NR Washington Elementary School Public • PreK-K | 188 Students | 3 reviews |
NR Esy Public • K-12 | - Students | N/A |
NR Raptor Program Public • 2-12 | 3 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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