Market Intelligence Report — MN-580

New Ulm, MN

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-MN-08
As of the latest 2026 data
Accelerated

Median Listing

$250K
+13.6% YoY

Pending Ratio

0.62
-17.9% YoY

Active Inventory

58
+93.3% YoY

Median DOM

51 Days
+10.9% YoY

Primary Intelligence Tool — Sold Score™

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The New Ulm market is categorized as Accelerated, with a pending ratio of 0.62 indicating robust demand relative to available inventory. Active listings have nearly doubled year-over-year, alongside a significant increase in new listings.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the New Ulm market right now.

Active listings have expanded by 93.3% over the past year, reaching 58 properties, while new listings also increased by 16.7%. Despite this surge in supply, the median listing price has demonstrated considerable appreciation, rising 13.6% year-over-year, alongside a 5.5% increase in the median price per square foot. The pending ratio has observed a decline of 17.9% compared to the prior year, suggesting a moderation in the pace of demand relative to the evolving inventory dynamics.

Historical Analysis

Market Trends

Median Price

$250K+0.0% MoM

Active Inventory

58+93.3% YoY

Days on Market

51+10.9% YoY

Sold Score™

58-17.9% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

58
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The current market conditions reflect an environment where the pace of transactions remains relatively brisk, driven by the sustained demand indicated by the pending ratio. Although inventory levels have increased substantially, the continued upward trajectory of pricing metrics suggests that properties are still absorbing supply effectively. Price discipline is likely to remain in focus given the increased availability of listings, yet demand absorption continues at an accelerated pace.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

58 active listings represent the current floor, with new supply arriving at roughly 28 per month.

Pricing Pressure
26.4%

of active listings carry a price reduction, +17.5% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +5.5% year-over-year.

Absorption
0.62

Pending-to-active ratio — Accelerated.

Recommended For This Market

Accelerated

Selling in New Ulm, MN? Homes here are taking 5 days longer to sell than last year.

Demand in New Ulm, MN is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.

Buyer Demand Index
62%
Median Days on Market
51 days
Inventory YoY
+93%

Demand is strong in New Ulm, MN. Check your Sold Score before you price — conditions this favorable don't hold forever.

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Metro Demographics

Metro Area
New Ulm, MN
CBSA Code
35580
State
MN