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New Ulm, MN real estate

Compare top New Ulm real estate agents.

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

Jul 1, 2026 - Sep 30, 2026

Median sale price
$259K
+6.5% from Q2 '26
Median list price
$238K
-6.9% from Q2 '26
Active listings
102
+23% from Q2 '26
Homes sold
55
+22% from Q2 '26
New pendings
45
-18% from Q2 '26
New listings
67
+9.8% from Q2 '26

Quarterly Pricing Trends for New Ulm

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

Quarterly Pricing Trends for New Ulm Q4 '21 Q4 '22 Q4 '23 Q4 '24 Q4 '25 Q3 '26 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: $210K Median sale price in Jan 2024 - Mar 2024: $228K Median sale price in Apr 2024 - Jun 2024: $232K 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 sale price in Apr 2026 - Jun 2026: $243K Median sale price in Jul 2026 - Sep 2026: $259K 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: $212K 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: $262K Median list price in Apr 2026 - Jun 2026: $255K Median list price in Jul 2026 - Sep 2026: $238K 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 $210K Median list price $212K Jan 2024 - Mar 2024 Median sale price $228K Median list price $240K Apr 2024 - Jun 2024 Median sale price $232K 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 $262K Apr 2026 - Jun 2026 Median sale price $243K Median list price $255K Jul 2026 - Sep 2026 Median sale price $259K Median list price $238K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
23
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 (Jul 2026 - Sep 2026).

Year-over-year, New Ulm’s rolling three-month data shows softening prices alongside expanding activity. The typical home value is down compared with last year, yet median list prices are higher and homes sold have risen, pointing to more movement even as selling prices ease.

Inventory has grown meaningfully over the past year, with active listings up and months of supply climbing to 2.4 months. Despite this added choice, homes are still moving faster than a year ago, as median days on market have dipped and more than half of listings go off market within two weeks.

Pricing dynamics have shifted as well, with a smaller share of homes closing above list price and the average sale-to-list ratio holding just under 100 percent. In this evolving seller’s market, Agent Pronto can connect both buyers and sellers with an experienced local agent to help them navigate pricing, timing, and strategy with confidence.



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.

“Amanda was very straightforward and personal with myself and Macy, she guided us towards the right home for us in Olivia MN and was quick to point out outstanding flaws or issues in other properties we visited. Her general knowledge and sociable personality made her a joy to work with!”

James Fischer ·

Photo of Amanda Geiger
Keller Williams Classic Realty
“She's the absolute best. If you need someone who will go above and beyond what you need then you definitely need her. She does not stop until you are 100% satisfied with everything.”

Brian Duty ·

Photo of Erik Jensen
True Real Estate
“Awesome, I was picky with a few things and drew did great working with what I was looking for, glad to of came across him. If I’m ever in the market to buy or sell I’ll be reaching out to Drew again and I highly recommend him to friends and family”

Daymon ·

Photo of Drew Brudvig
RE/MAX REMAX Dynamic Agents
“The experience of working with Kim as my realtor was truly exceptional. Over the course of four years, she consistently supported me, demonstrating patience and flexibility despite my demanding nature. Kim was always available to communicate, providing her expertise and guidance at any hour. Her wealth of knowledge in real estate was evident throughout the home buying process, and she skillfully negotiated on my behalf to secure the best possible outcomes. In addition to her professional prowess, Kim's vibrant personality and impeccable sense of style made the experience enjoyable and enriching. I wholeheartedly recommend Kim to anyone in need of real estate services and eagerly anticipate working with her again in the future.”

zuser20171128124520602 ·

Photo of Kim Lingbeck
eXp Realty Kim Lingbeck Real Estate
“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
“Dan is easy to work with. He is very responsive to calls, emails and texts. He was with me every step of the way from showing through closing. Dan works with Buyers and sellers and is also a great Pro to have on speed dial if you are an Investor in real estate. I purchased a primary residence using Dan, and have spoken to him about investment real estate and he is full of knowledge and experience.”

shane50787 ·

Photo of Dan Pflugshaupt
Lakeplace.com
“Zoe went over and beyond to get us our dream home. Great communication, knowledge of the area and negotiation skills! Would highly recommend her as your realtor!!”

Lindsay ·

Photo of Zoe Gissal
True Real Estate
“WONDERFUL EXPERIENCE THROUGHOUT! Would definitely recommend Mary. We wanted someone who was dedicated to our best interest and that’s exactly what we got with Mary! Never felt pressured to buy and she was always willing to do what made us most comfortable. Truly in our corner from beginning to end.”

joshhoekstra20 ·

Photo of Mary Weller
Coldwell Banker Welcome Home Realty
“Dorothy is an absolute joy to work with. We had very specific parameters on what we needed for our new house, which made things a bit tricky. Dorothy was patient (so patient) while we worked through the process of buying a new house. It took us over 6 months to find what we wanted and Dorothy stuck with us the entire time. She was sensitive to our needs, never complaining, never frustrated. I can tell you without a doubt, there were times when my husband and I were being irritating. However, her professionalism prevailed and she just kept going until we found exactly what we needed! Thank you Dorothy!”

allysonjw125 ·

Photo of Dorothy Butler
RE/MAX Results
“Lisa is a joy to work with. She has sold two of my properties, at list and in less than 7 days. Nothing but stars! She knows how to fair market price, market and sell the house. Never any issues or concerns/”

tjones105 ·

Photo of Lisa McMahan-Mosley
RE/MAX ReMax 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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