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How competitive is the New Ulm housing market?

P

Primpted Housing Analyst

Updated monthly · Data through May 2026 · v265

Data-backed
Sold Score
90/100
YoY Excellent Chance of Selling
Pending ratio
1.11
YoY contracts vs active
Inventory YoY
-0.1%
YoY active listings
Median DOM
47
YoY days on market
Price cuts
14.3%
YoY of active listings
New Ulm is competitive as of May 2026, with a Sold Score of 90/100 (Excellent Chance of Selling). **Pending ratio** is 1.11 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is -12.5% — fewer choices for buyers than a year ago. **Median days on market** is 47. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 14.3% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (May 2026): Sold Score: 90/100 (Excellent Chance of Selling) · Pending ratio: 1.11 · Inventory YoY: -12.5% · Median days on market: 47 · Sellers cutting price: 14.3% · Median listing price: $286,175 (+19.3% YoY)

New Ulm snapshot

As of the latest 2026 data
Median listing
$286K
YoY +0.2%
Active inventory
37
YoY +0.1%
Median DOM
35
YoY +0.1%
Pending ratio
1.05
YoY -0.2%
Price-reduced
11.1%
YoY +0.0%

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