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How competitive is the New Ulm housing market?

P

Primpted Housing Analyst

Updated monthly · Data through August 2026 · v268

Data-backed
Sold Score
58/100
YoY Fair Chance of Selling
Pending ratio
0.62
YoY contracts vs active
Inventory YoY
+0.9%
YoY active listings
Median DOM
51
YoY days on market
Price cuts
48.3%
YoY of active listings
New Ulm is competitive as of August 2026, with a Sold Score of 58/100 (Fair Chance of Selling). **Pending ratio** is 0.62 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is +93.3% — more choices for buyers than a year ago. **Median days on market** is 51. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 48.3% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (August 2026): Sold Score: 58/100 (Fair Chance of Selling) · Pending ratio: 0.62 · Inventory YoY: +93.3% · Median days on market: 51 · Sellers cutting price: 48.3% · Median listing price: $249,900 (+13.6% YoY)

New Ulm snapshot

As of the latest 2026 data
Median listing
$250K
YoY +0.1%
Active inventory
58
YoY +0.9%
Median DOM
51
YoY +0.1%
Pending ratio
0.62
YoY -0.2%
Price-reduced
26.4%
YoY +0.2%

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