Data as of March 2026. Source: Realtor.com.
The NEW ULM, MN real estate market (56073) currently shows 38 active listings, with 21 pending sales. Homes are averaging 53 days on the market before going under contract.
Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice.
Homes are selling faster, averaging 53 days on market compared to 73 days last year.
The median listing price has risen 14.9% year-over-year, from $239,900 to $275,650.
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 March 2026, there are 38 active listings in NEW ULM, MN (zip code 56073), compared to 24 the prior year.
The median listing price in NEW ULM, MN 56073 is $275,650 as of March 2026, a 14.9% increase from $239,900 the prior year.
Homes in NEW ULM, MN 56073 spend an average of 53 days on the market before going under contract, compared to 73 days the prior year.
Based on current inventory and days-on-market data as of March 2026, NEW ULM, MN 56073 is currently a Balanced Market. Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice. Homes are selling faster, averaging 53 days on market compared to 73 days last year.
With SELL123.com's maximum 3% commission, sellers in NEW ULM, MN 56073 save an estimated $5,513 compared to a typical 5% commission on the median listing price of $275,650. 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.