Data as of September 2026. Source: Realtor.com.
The NEW ULM, MN real estate market (56073) currently shows 64 active listings, with 20 pending sales. Homes are averaging 45 days on the market before going under contract.
Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 45 days on market compared to 30 days last year.
The median listing price has fallen 4.4% year-over-year, from $263,900 to $252,400.
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 September 2026, there are 64 active listings in NEW ULM, MN (zip code 56073), compared to 42 the prior year.
The median listing price in NEW ULM, MN 56073 is $252,400 as of September 2026, a 4.4% decrease from $263,900 the prior year.
Homes in NEW ULM, MN 56073 spend an average of 45 days on the market before going under contract, compared to 30 days the prior year.
Based on current inventory and days-on-market data as of September 2026, NEW ULM, MN 56073 is currently a Buyer's Market. Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 45 days on market compared to 30 days last year.
With SELL123.com's maximum 3% commission, sellers in NEW ULM, MN 56073 save an estimated $5,048 compared to a typical 5% commission on the median listing price of $252,400. 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.