56073, MN Housing Market
The 56073 housing market is very competitive. The median sale price of a home in 56073 was $235K last month, up 6.8% since last year. The median sale price per square foot in 56073 is $127, up 2.0% since last year.
56073 Housing Market Trends
In January 2025, 56073 home prices were up 6.8% compared to last year, selling for a median price of $235K. On average, homes in 56073 sell after 16 days on the market compared to 31 days last year. There were 37 homes sold in January this year, up from 33 last year.

How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the 56073 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 6 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% below list price and go pending in around 20 days.
- Hot homescan sell for about 2% above list price and go pending in around 7 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 3 months
- Some homes get multiple offers.
- The average homes sell for about 2% below list price and go pending in around 47 days.
- Hot homescan sell for around list price and go pending in around 15 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 3 months
- Some homes get multiple offers.
- The average homes sell for about 2% below list price and go pending in around 53 days.
- Hot homescan sell for around list price and go pending in around 19 days.
View houses in 56073 that sold recently
Recently sold homes
- $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
- $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
- $175,000 Last Sold Price3 beds3 baths—sq ft410 N Franklin St, New Ulm, MN 56073List Price$180,000Sale to List3% under listDays on Market193 days410 N Franklin St, New Ulm, MN 56073
- $274,900 Last Sold Price3 beds2 baths—sq ft1441 Cherry St, New Ulm, MN 56073List Price$274,900Sale to List0% over listDays on Market44 days1441 Cherry St, New Ulm, MN 56073
- $300,000 Last Sold Price5 beds2 baths3,874 sq ft18 Park Ln, New Ulm, MN 56073List Price$319,900Sale to List6% under listDays on Market170 days18 Park Ln, New Ulm, MN 56073
- $245,000 Last Sold Price4 beds2 baths—sq ft1821 Ashland Rd, New Ulm, MN 56073List Price$250,000Sale to List2% under listDays on Market161 days1821 Ashland Rd, New Ulm, MN 56073
- $135,000 Last Sold Price—beds—baths—sq ft000 Cr-21, West Newton Twp, MN 56073List Price$184,900Sale to List27% under listDays on Market295 days000 Cr-21, West Newton Twp, MN 56073
- $135,000 Last Sold Price—beds—baths—sq ft000 Co Rd 21, New Ulm, MN 56073List Price$184,900Sale to List27% under listDays on Market295 days000 Co Rd 21, New Ulm, MN 56073
See all recently sold homes in 56073.
See listings
Schools in 56073
- 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 56073 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 56073.
Flood Factor - Minor
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Minor
Wind Factor

Heat Factor - Minor
Heat Factor

More real estate resources for 56073
New Listings in 56073
City Housing Markets
Nearby Zip Code Housing Markets
County Housing Markets
City Listings
Nearby Zip Code Listings
About us
Find us
Subsidiaries
Copyright: © 2025 Redfin. All rights reserved.
Updated January 2023: By searching, you agree to the Terms of Use, and Privacy Policy.
Do not sell or share my personal information.
REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.
California DRE #01521930
Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures
New Mexico Real Estate Licenses
TREC: Info About Brokerage Services, Consumer Protection Notice
If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.
REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.