House Prices

House Prices & Home Values New Ulm, MN 2026


Average Data

average house price$349,500
average size per house3921 ft²
average price per ft²90 $ / ft²

06/27/2026 - The value range (VR) for house prices in New Ulm, MN is $89/ sqft to $89/ sqft. An average home with 3921 sqft costs approximately $348,969 to $348,969. New Ulm, MN includes 1 ZIP codes and it is located in Brown county. The lowest prices are found in ZIP 56073, while the highest are in ZIP 56073. The average price per sqare feet is $90. Our analysis is based on 2 property listings.

Avergage prices by ZIP codes New Ulm

5607390 $ / ft²




Historical development of home values in New Ulm

Year Estimated value (USD) Change vs. 2025
2010 $162,314 -53.6%
2011 $156,037 -55.4%
2012 $155,617 -55.5%
2013 $161,434 -53.8%
2014 $169,461 -51.5%
2015 $178,158 -49.0%
2016 $187,456 -46.4%
2017 $197,574 -43.5%
2018 $208,497 -40.3%
2019 $218,164 -37.6%
2020 $229,442 -34.4%
2021 $260,966 -25.3%
2022 $304,228 -13.0%
2023 $320,822 -8.2%
2024 $339,382 -2.9%
2025 $349,500 0.0%

Graph: estimated home values in New Ulm over time (USD)



Example: 100% financing house in New Ulm

Loan amount: $349,500

Interest rate: 6.00%

Fixed monthly payment: $2,095.43

Breakdown in the 1st month:
Interest portion: $1,747.50  –  Principal portion: $347.93

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $20,853.25 $4,291.90 $345,208.10
2 $20,588.53 $4,556.62 $340,651.48
3 $20,307.49 $4,837.66 $335,813.82
4 $20,009.11 $5,136.03 $330,677.79
5 $19,692.34 $5,452.81 $325,224.98
6 $19,356.02 $5,789.13 $319,435.85
7 $18,998.96 $6,146.19 $313,289.65
8 $18,619.87 $6,525.28 $306,764.38
9 $18,217.41 $6,927.74 $299,836.64
10 $17,790.12 $7,355.03 $292,481.61
11 $17,336.48 $7,808.67 $284,672.94
12 $16,854.86 $8,290.29 $276,382.65
13 $16,343.53 $8,801.62 $267,581.03
14 $15,800.67 $9,344.48 $258,236.54
15 $15,224.32 $9,920.83 $248,315.71
16 $14,612.42 $10,532.73 $237,782.98
17 $13,962.79 $11,182.36 $226,600.62
18 $13,273.08 $11,872.07 $214,728.56
19 $12,540.84 $12,604.31 $202,124.25
20 $11,763.43 $13,381.71 $188,742.53
21 $10,938.08 $14,207.07 $174,535.46
22 $10,061.82 $15,083.33 $159,452.13
23 $9,131.51 $16,013.64 $143,438.50
24 $8,143.83 $17,001.32 $126,437.17
25 $7,095.22 $18,049.93 $108,387.24
26 $5,981.94 $19,163.21 $89,224.04
27 $4,800.00 $20,345.15 $68,878.88
28 $3,545.15 $21,600.00 $47,278.89
29 $2,212.91 $22,932.24 $24,346.65
30 $798.50 $24,346.65 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in New Ulm, MN


1500 sqft3900 sqft
Ø selling price$163,350$347,490
Ø fast selling$148,500$312,741
Ø high price sale$178,200$382,240

In 2026, houses in New Ulm, MN will be offered at an average price of $90 per square foot. A 1,500 sqft home priced at $163,350 is 23.16% more expensive per square foot than a 3,900 sqft home priced at $347,490. Home prices in New Ulm, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $240,571. Sellers who can wait longer may achieve a higher price of up to $294,030.


Discover New Ulm, MN

New Ulm, MN is a picturesque river town celebrated for German heritage, craft beer, and family-friendly attractions.

German Heritage and Landmarks

In downtown New Ulm, Minnesota, you'll find well-preserved architecture, the iconic Hermann Monument, and murals that tell the city's immigrant story. Beer lovers tour Schell's Brewery, one of the nation's oldest, and stroll its peaceful gardens and deer park.

Outdoor Recreation and Family Fun

Nature fans explore the Minnesota River valley, hike and swim at Flandrau State Park, and bike scenic riverside trails. Families enjoy museums like the Brown County Historical Society and hands-on exhibits that make local history engaging for kids.

Festivals, Dining, and Downtown

Signature festivals, including Oktoberfest and Bavarian Blast, fill the streets with music, dancing, and authentic cuisine.
From hearty German restaurants to cozy cafes and craft taprooms, dining in New Ulm blends tradition with modern flavors. Top things to do in New Ulm also include boutique shopping on Minnesota Street and photo ops at the Glockenspiel clock tower.

When to Visit and Trip Ideas

The best time to visit New Ulm, MN is spring through fall, when events, patios, and river views are at their peak. Whether you're planning a weekend getaway or a day trip from the Twin Cities, this New Ulm travel guide highlights a charming destination worth exploring.



FAQ – Home Values in New Ulm

What is the median home value in New Ulm in 2026?

In 2026, the typical home value in New Ulm is about $349,500 for an average home size of 3921 square feet. This corresponds to an average price of roughly $90 per square foot.

What is the average cost per square foot in New Ulm?

In 2026, homes in New Ulm sell for an average of around $90 per square foot, with a typical range between $89 and $89 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in New Ulm is about 3921 square feet, with an estimated 2026 value around $349,500.



Locations close to New Ulm, MN

Nicollet, MN213 $ / ft²
Northrop, MN189 $ / ft²
Pemberton, MN80 $ / ft²
New Richland, MN76 $ / ft²
New Prague, MN165 $ / ft²
Montgomery, MN153 $ / ft²
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