Market Intelligence Report — MN-580

New Ulm, MN

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

Ref. No: 2026-MN-09
As of the latest 2026 data
Stabilizing

Median Listing

$238K
+0.8% YoY

Pending Ratio

0.44
-22.0% YoY

Active Inventory

66
+63.7% YoY

Median DOM

54 Days
+26.2% YoY

Primary Intelligence Tool — Sold Score™

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The New Ulm, MN market is currently stabilizing, characterized by a pending ratio of 0.44. While active listings have increased significantly year-over-year at 63.7%, the median listing price shows modest year-over-year growth of 0.8%.

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.

Inventory levels have expanded considerably over the past year, with active listings rising by 63.7% and new listings doubling year-over-year. Concurrently, the pending ratio has experienced a notable decline of 22.0% year-over-year, indicating a slower pace of absorption. Median days on market have also increased by 26.2% over the past year, reflecting a less hurried transaction environment. Despite these shifts, the median listing price has maintained a slight upward trajectory, increasing by 0.8% year-over-year.

Historical Analysis

Market Trends

Median Price

$238K-4.8% MoM

Active Inventory

66+63.7% YoY

Days on Market

54+26.2% YoY

Sold Score™

59-22.0% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

59
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 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

With a pending ratio of 0.44 and a significant increase in active inventory, negotiating leverage has shifted. Buyers may encounter more opportunities due to an expanded selection of homes and longer market durations. This environment fosters increased price discipline and a more deliberate pace in transactions, as sellers may face greater pressure to adjust pricing expectations given the broader availability.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

66 active listings represent the current floor, with new supply arriving at roughly 36 per month.

Pricing Pressure
23.7%

of active listings carry a price reduction, +3.3% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +6.4% year-over-year.

Absorption
0.44

Pending-to-active ratio — Stabilizing.

Recommended For This Market

Stabilizing

Selling in New Ulm, MN? Homes here are taking 11 days longer to sell than last year.

New Ulm, MN is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
44%
Median Days on Market
54 days
Inventory YoY
+64%

New Ulm, MN is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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Metro Demographics

Metro Area
New Ulm, MN
CBSA Code
35580
State
MN