New Ulm, MN Real Estate Market Summary – September 8, 2026
In the last 30 days, 14 homes were reported sold in New Ulm, MN, with an average living area of 2,285 square feet and an average sale price of $255,907. Homes were on the market for an average of 15 days before being reported sold, indicating a pace of 1 every 2.14 days.
| Metric | 30 Days |
|---|---|
| Number Sold | 14 |
| Sold Per Day | 1 every 2.14 days |
| Average SQFT | 2285 |
| Median Sales Price | $252,450 |
| Average Sales Price | $255,907 |
| Average Price Per SQFT | $119 |
| Average Days on Market | 15 |
| Average Year Built | 1956 |
New Ulm, MN Single Family Home Analysis
In the single-family market segment, 13 homes were sold with an average living area of 2,320 square feet. The average sale price for single-family homes was $244,900, with homes staying on the market for about 15 days on average.
| Metric | 30 Days |
|---|---|
| Number Sold | 13 |
| Sold Per Day | 1 every 2.31 days |
| Average SQFT | 2320 |
| Median Sales Price | $249,900 |
| Average Sales Price | $244,900 |
| Average Price Per SQFT | $111 |
| Average Days on Market | 15 |
| Average Year Built | 1950 |
New Ulm, MN Condo & Townhome Analysis
Only 1 condo or townhome was sold, featuring a living area of 1,822 square feet. This property had an average sale price of $399,000 and was on the market for an average of 12 days before being reported as sold.
| Metric | 30 Days |
|---|---|
| Number Sold | 1 |
| Sold Per Day | 1 every 30.00 days |
| Average SQFT | 1822 |
| Median Sales Price | $399,000 |
| Average Sales Price | $399,000 |
| Average Price Per SQFT | $219 |
| Average Days on Market | 12 |
| Average Year Built | 2026 |
Buyer & Seller Analysis
- Average living area for sold homes is 2,285 square feet.
- Median sale price for all home types is $252,450.
- Days on market averaged 15 before a property was reported as sold.
- Market pace indicates homes are selling at approximately 1 every 2.14 days.
Conclusion
Overall, the real estate market in New Ulm is showing consistent activity with homes selling within a short time frame. The data reflects a range of prices and living spaces across different segments, providing various options for potential buyers.