New Ulm, MN Real Estate Market 2026

Investor-grade market analytics for New Ulm, Minnesota. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through July 2026.

Median Home Price

$254,575

+8.8% year-over-year

12-Month Forecast

+8.5%

base case (Zillow ZHVF)

+8.5% year-over-year

Climate Risk

25/100

Low

Market Momentum

➡️
Neutral
2mo supply · Score +1/7

Net migration: Bottom 47% nationally

Income Migration

➡️ Neutral1.03x

In-migrants avg $56,513 AGI vs out-migrants $54,670

New Ulm Market Summary

New Ulm, MN is experiencing strong growth with 8.8% year-over-year appreciation, indicating a seller's market with robust demand. Affordability remains favorable with a price-to-income ratio of 3.71x, below the national average of 4.8x. Climate risk remains low (25/100), favorable for long-term investment stability.

Affordability

Affordability Score90/100
Price-to-Income Ratio3.7x (national avg 4.8x)
Median Household Income$68,690

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case+4.3%
Base Case+8.5%
Bull Case+12.8%

Climate & Natural Hazard Risk

New Ulm, MN's primary climate exposure is wind storms (50/100). The composite climate risk score of 25/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full New Ulm dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.