New Ulm, MN Housing Market

Market data powered by Zillow Research. Last updated: 2026-03-03

New Ulm, MN is a hot market right now.

  • Prices are rising rapidly at 10.0% year-over-year — expect competition.

Median Home Value

$232,223

ZHVI

Year-over-Year

+10%

Price change

5-Year Change

+42.1%

Since 2021

Active Listings

51

For sale

State Avg

$335,400

Minnesota

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Home Value Trends

5-year Zillow Home Value Index for New Ulm, MN vs. state and national averages.

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Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.

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