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New Ulm, MN real estate

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Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for June 2026. *


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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New Ulm real estate Market Report.

Information and statistics on the latest trends in the New Ulm real estate market. *

Latest Rolling 3-Month Snapshot

Feb 1, 2026 - Apr 30, 2026

Median sale price
$253K
-0.1% from Q1 '26
Median list price
$258K
+3.2% from Q1 '26
Active listings
62
+17% from Q1 '26
Homes sold
35
+35% from Q1 '26
New pendings
45
+18% from Q1 '26
New listings
39
+22% from Q1 '26

Quarterly Pricing Trends for New Ulm

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for New Ulm Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q1 '26 Median sale price in Apr 2021 - Jun 2021: $173K Median sale price in Jul 2021 - Sep 2021: $180K Median sale price in Oct 2021 - Dec 2021: $170K Median sale price in Jan 2022 - Mar 2022: $175K Median sale price in Apr 2022 - Jun 2022: $211K Median sale price in Jul 2022 - Sep 2022: $192K Median sale price in Oct 2022 - Dec 2022: $187K Median sale price in Jan 2023 - Mar 2023: $140K Median sale price in Apr 2023 - Jun 2023: $200K Median sale price in Jul 2023 - Sep 2023: $229K Median sale price in Oct 2023 - Dec 2023: $207K Median sale price in Jan 2024 - Mar 2024: $228K Median sale price in Apr 2024 - Jun 2024: $235K Median sale price in Jul 2024 - Sep 2024: $245K Median sale price in Oct 2024 - Dec 2024: $222K Median sale price in Jan 2025 - Mar 2025: $215K Median sale price in Apr 2025 - Jun 2025: $210K Median sale price in Jul 2025 - Sep 2025: $278K Median sale price in Oct 2025 - Dec 2025: $220K Median sale price in Jan 2026 - Mar 2026: $253K Median list price in Apr 2021 - Jun 2021: $175K Median list price in Jul 2021 - Sep 2021: $169K Median list price in Oct 2021 - Dec 2021: $175K Median list price in Jan 2022 - Mar 2022: $196K Median list price in Apr 2022 - Jun 2022: $202K Median list price in Jul 2022 - Sep 2022: $189K Median list price in Oct 2022 - Dec 2022: $170K Median list price in Jan 2023 - Mar 2023: $289K Median list price in Apr 2023 - Jun 2023: $215K Median list price in Jul 2023 - Sep 2023: $225K Median list price in Oct 2023 - Dec 2023: $210K Median list price in Jan 2024 - Mar 2024: $240K Median list price in Apr 2024 - Jun 2024: $225K Median list price in Jul 2024 - Sep 2024: $230K Median list price in Oct 2024 - Dec 2024: $242K Median list price in Jan 2025 - Mar 2025: $192K Median list price in Apr 2025 - Jun 2025: $250K Median list price in Jul 2025 - Sep 2025: $220K Median list price in Oct 2025 - Dec 2025: $255K Median list price in Jan 2026 - Mar 2026: $250K Apr 2021 - Jun 2021 Median sale price $173K Median list price $175K Jul 2021 - Sep 2021 Median sale price $180K Median list price $169K Oct 2021 - Dec 2021 Median sale price $170K Median list price $175K Jan 2022 - Mar 2022 Median sale price $175K Median list price $196K Apr 2022 - Jun 2022 Median sale price $211K Median list price $202K Jul 2022 - Sep 2022 Median sale price $192K Median list price $189K Oct 2022 - Dec 2022 Median sale price $187K Median list price $170K Jan 2023 - Mar 2023 Median sale price $140K Median list price $289K Apr 2023 - Jun 2023 Median sale price $200K Median list price $215K Jul 2023 - Sep 2023 Median sale price $229K Median list price $225K Oct 2023 - Dec 2023 Median sale price $207K Median list price $210K Jan 2024 - Mar 2024 Median sale price $228K Median list price $240K Apr 2024 - Jun 2024 Median sale price $235K Median list price $225K Jul 2024 - Sep 2024 Median sale price $245K Median list price $230K Oct 2024 - Dec 2024 Median sale price $222K Median list price $242K Jan 2025 - Mar 2025 Median sale price $215K Median list price $192K Apr 2025 - Jun 2025 Median sale price $210K Median list price $250K Jul 2025 - Sep 2025 Median sale price $278K Median list price $220K Oct 2025 - Dec 2025 Median sale price $220K Median list price $255K Jan 2026 - Mar 2026 Median sale price $253K Median list price $250K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
14
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Feb 2026 - Apr 2026).

Year-over-year, New Ulm’s rolling three-month data shows home values climbing solidly, with the typical home value up more than 27 percent. Median list prices are also higher than a year ago, rising nearly 15 percent, signaling that sellers are testing stronger pricing while buyers adjust to a pricier market.

Looking at activity, homes sold in this rolling period are up nearly 29 percent from last year, and pending sales have increased about 23 percent. Even with this stronger demand, new listings are actually down around 9 percent year over year, which helps explain why the market still leans toward sellers.

Current conditions underscore that tilt, with only 1.8 months of supply and a median of 36 days on market in the latest three-month window. Roughly 29 percent of homes are selling above list price and the average sale-to-list ratio is just under 99 percent, so pricing and negotiation strategy matter on both sides, and Agent Pronto can connect buyers and sellers with an agent who understands how to navigate New Ulm’s market dynamics.



Learn more about what New Ulm has to offer.

New Ulm offers residents a welcoming, close-knit community enriched by German heritage, abundant parks and trails, thriving local shops and festivals, and a hometown spirit that emphasizes family, safety, and a high quality of life.

New Ulm offers small city convenience with a population near 14,000, strong schools, and a compact layout that makes daily life easy to navigate. Set along the Minnesota River, it sits within reasonable driving distance of Mankato and the Twin Cities, yet maintains its own identity and services.

Residents enjoy a walkable historic downtown anchored by local shops, banking, and dining. Popular destinations such as August Schell Brewery and the Hermann Monument bring regional visitors, but they are also everyday amenities for locals who value parks, festivals, and community events. Families appreciate the local school options, including New Ulm Public Schools and Minnesota Valley Lutheran High School, along with the programming at the New Ulm Public Library.

Outdoor life is a major draw. Residents can explore Flandrau State Park for swimming, camping, and trails, or stay closer to town at Riverside Park and German Park. Everyday errands are straightforward, with grocery, healthcare, and local employers all within a short drive across town.

Whether you are relocating to New Ulm or moving across town, a local real estate agent who understands neighborhood traffic patterns, school boundaries, and market trends can significantly simplify decisions. Agent Pronto connects buyers and sellers with the right New Ulm agent so your move feels informed, efficient, and less stressful.

Find your New Ulm real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“Caitlin was wonderful for my fiancee and I as we were looking for our first home! Caitlin was incredibly prompt and was able to answer all of the questions we had. She was very easy to work with and we'd recommend her to anyone!”

Taylor · Moorhead, MN

Photo of Caitlin Wachsmuth
Vesta Real Estate Brokered by Exp Realty
“Our daughter used Michele to sell her home, and she was very impressed with Michele. When we decided to sell our home we reached out to Michele to represent us,and she was very enthusiastic in representing us. She answered all our questions, negotiated in our best interest, and was always a positive person,that put us at ease She is a very professional realtor. We would definitely recommend her to anyone buying or selling a home.”

Elroy · Moorhead, MN

Photo of Michele Evert
Realty Xperts
“Rochelle was absolutely fantastic to work with! She got the job done by successfully selling my rental property in Fargo, ND, and made the entire process feel effortless on my end. Her communication was excellent from start to finish—always keeping me informed and answering any questions I had right away. I found Rochelle on the internet, and was a little reluctant because I didn't know her, but I'm very happy I chose her!! What really stood out was how easy she made everything. I didn’t even have to leave my house in Minneapolis, yet I still felt completely confident that everything was being handled professionally and efficiently. If you’re looking for a real estate agent who is reliable, responsive, and truly delivers results, I can’t recommend Rochelle enough!”

Robert Adams · Fargo, ND

Photo of Rochelle Roesler
Century 21 FM Realty
“We were very happy with the process of purchasing a new home and were always well informed. John made sure that our needs were met.”

Madonna Mayer · West Fargo, ND

Photo of John Colvin
Century 21 FM Realty
“Roger Hahn was fantastic to work with on buying our new home. He was always available and responded to our question in a timely manner. He is very friendly and not pushy. Would work with him again.”

Laurie Hoppe · New York Mills, MN

Photo of Roger Hahn
Century 21 Atwood
“Susan helped me sell my dad's house after he unexpectedly passed away in 2025. She was so kind and empathetic about my situation, and very patient as it took us months to empty the house before it was listed. But from the start she worked hard to get us the right resources and information. She was incredibly helpful during the selling process and gave great suggestions on price. She made the process pretty easy!”

Cyndi · Apple Valley, MN

Photo of Susan Jackson
RE/MAX Results
“We strongly recommend Larry Nielson for selling/buying your next home. He was very knowledgeable, confident and easy to work with.”

Fran & Lisa · Lake City, MN

Photo of Larry Nielson
Nielson Real Estate Services
“Becky was incredible to work with and helped us not only with the purchase of our home in Florida, but was a huge help through our whole process of moving from Minnesota and even assisted with finding a rental until we could find a place to build. Truly went above and beyond and took the time to really understand what we want. Highly recommend!”

Dustin · Lakewood Ranch, FL

Photo of Becky Gonzales
RE/MAX Profere
“Selling this house was particularly stressful with a few pitfalls. Marissa helped us navigate through them and stayed on top of the details. She always had our best interest in mind. We appreciate her persistence and will recommend her to our friends.”

Mary and Rick · Sauk Rapids, MN

Photo of Marissa Haakonson
Marissa Haakonson Real Estate brokered by eXp Realty
“I purchased my first home with the help of Heather Warner. From a quick google search of realators specializing in first time homebuyers I found the Barker Hedges team which led me to Heather. Leaning heavily on her experience I had unwavering faith in her to provide valuable consultation in all aspects of the house buying process. Strongly reccomend Heather to any homebuyers. She simplified the process for me tremedously and will was extremely honest in the house touring process. She will be a strong voice for you communicating at a very high level.”

Nate · Blaine, MN

Photo of Heather Warner
RE/MAX REMAX Results
“The team was efficient, thoughtful, disciplined and committed. The access to immediate contractor support was also helpful.”

PCG · Rochester, MN

Photo of Deanna Brumbaugh
RE/MAX Advantage Plus
“Jennifer was a pleasure to work with, along with being professional and educated on all aspects of the transaction. She was able to provide insight into the market and reacted to the situation. Plus we had lots of fun working together!”

Diane Smith · Tampa, FL

Photo of Jenny Dedrick
exp realty
“Noah provided excellent pictures/media/decsriptions. He was very strategic in marketing my house and I was able to receive more than my asking price. Noah was very responsive and reassuring throughout the whole process. Highly, Highly Recommended!”

Pam Geyer · Little Falls, MN

Photo of Noah Goedker
eXp Realty
“I had an exceptional experience working with my real estate agent in selling my house in Plymouth, Minnesota. He provided invaluable advice on repairs, staging, and pricing, ensuring that every aspect of the sale was optimized. He even took the time to show me comparable properties, helping me determine the best listing price. Thanks to his expertise and dedication, I’m taking the time to leave reviews on multiple websites. I couldn’t have asked for a better realtor.”

Josh · Plymouth, MN

Photo of Minnesota Property Group
RE/MAX Results
“Shari was wonderful to work with. We have known each other for years but never worked together in this capacity. It is very obvious how much she loves her job! She was knowledgable and took my needs into consideation throughout the whole process. It was wonderful to work with her!”

Michele Berndt · Albertville, MN

Photo of Shari McGuire
Pemberton RE
“Amy was very helpful and knowledgeable. Everything went well.”

Barbara S. · Minneapolis, MN

Photo of Amy Westerlund
Keller Williams Premier Realty
“All went well. Carly was great and responded immediately to any inquiries.”

Alan N. · Duluth, MN

Photo of Carly Gosar
Messina & Associates
“Great job. Skip was great to work with.”

Mary C. · St. Cloud, MN

Photo of Skip Halverson
RE/MAX Results
“Chad Luscomb was very polite, helpful, knowledgeable and professional. I would recommend him in a heartbeat to anyone looking to sell a home!”

Eric K. · Mankato, MN

Photo of Chad Luscomb
Coldwell Banker River Valley REALTORS
“I was pleasantly surprised when I only had 1 phone call from realtors. My realtor (Jeremy) was amazing. I believe his commitment is what sold the house. He was very fluent in keeping in touch and letting me know what was happening.”

Tammey A. · Coon Rapids, MN

Photo of Jeremy Ellingson
RE/MAX Advantage Plus

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around New Ulm. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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