Data as of June 2026. Source: Realtor.com.
The NEW ULM, MN real estate market (56073) currently shows 52 active listings, with 27 pending sales. Homes are averaging 29 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 29 days on market compared to 36 days last year.
The median listing price has risen 22.1% year-over-year, from $288,650 to $352,400.
Whether you are buying or selling in NEW ULM, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 17,418 · Density: 33.5/mi² · Median household income: $67,047
Typical home value: $184,180 · Homeownership: 76.9%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56073 | New Ulm, MN 56073 | 0.0 mi | 36 | $11,559,744 | $299,450 | $321,104 |
| 56085 | Sleepy Eye, MN 56085 | 13.2 mi | 8 | $1,848,200 | $213,650 | $231,025 |
| 55335 | Gibbon, MN 55335 | 15.8 mi | 5 | $816,315 | $164,925 | $163,263 |
| 55396 | Winthrop, MN 55396 | 17.1 mi | 8 | $1,663,768 | $206,175 | $207,971 |
| 55332 | Fairfax, MN 55332 | 18.7 mi | 3 | $904,200 | $301,400 | $301,400 |
| 55334 | Gaylord, MN 55334 | 20.3 mi | 6 | $1,392,000 | $232,000 | $232,000 |
| 56081 | Saint James, MN 56081 | 23.1 mi | 29 | $6,002,159 | $190,950 | $206,971 |
| 56019 | Comfrey, MN 56019 | 24.8 mi | 3 | $249,000 | $83,000 | $83,000 |
| 56060 | Lewisville, MN 56060 | 26.0 mi | 1 | $159,950 | $159,950 | $159,950 |
| 56090 | Vernon Center, MN 56090 | 26.8 mi | 2 | $450,000 | $225,000 | $225,000 |
| 56001 | Mankato, MN 56001 | 27.2 mi | 107 | $42,479,535 | $319,900 | $397,005 |
| 56120 | Butterfield, MN 56120 | 28.8 mi | 6 | $1,070,700 | $186,000 | $178,450 |
| 56037 | Good Thunder, MN 56037 | 29.0 mi | 4 | $1,379,868 | $406,900 | $344,967 |
As of June 2026, there are 52 active listings in NEW ULM, MN (zip code 56073), compared to 54 the prior year.
The median listing price in NEW ULM, MN 56073 is $352,400 as of June 2026, a 22.1% increase from $288,650 the prior year.
Homes in NEW ULM, MN 56073 spend an average of 29 days on the market before going under contract, compared to 36 days the prior year.
Based on current inventory and days-on-market data as of June 2026, NEW ULM, MN 56073 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 29 days on market compared to 36 days last year.
With SELL123.com's maximum 3% commission, sellers in NEW ULM, MN 56073 save an estimated $7,048 compared to a typical 5% commission on the median listing price of $352,400. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.