All Countries
New Ulm, MN
Full City Profile · Minnesota · Nicollet County County
3.4
/5.0
B
Good
14,066
Population
1,383/sq mi density
$63,984
Median Income
$35,113 per capita
$192,700
Home Value
$238,584 Zillow
$974
Median Rent
26.9% income on rent
46°F
Avg Temperature
270 sunny days/yr
61
Violent Crime/100K
878 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$63,984 median income, 1.6% unemployment
A+
Affordability
5.0 / 5.0
$192,700 home value, $974/mo rent
F
Safety
1.0 / 5.0
61 violent crimes/100K
B
Education
3.2 / 5.0
27.2% bachelor's degree or higher
Housing Overview
Median Home Value
$192,700
32% below
US avg: $281,900
Median Rent
$974/mo
16% below
US avg: $1,163/mo
Homeownership Rate
74.6%
14% above US avg (65.4%)
Total Housing Units
6,240
Median year built: 1964
Home Value by Source
Census Median
$192,700
Zillow (ZHVI)
$238,584
Median Sale Price
$186,661
Median List Price
$262,400
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
74.6%
Owner-Occupied
25.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent:
$974/mo
Market Indicators (Redfin)
Median Days on Market
51 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
9
Price Drops
17.7%
of listings with price reduction
Price Per Sq Ft
$135
Active Inventory
17
homes for sale
Affordability & Housing Stock
Rent Burden
26.9%
of renters spending 30%+ of income on housing
13% below US avg (31.0%)
Median Year Built
1964
Average age of housing stock: 62 years
Homeownership Rate
74.6%
Complete Housing Data
Home Values
| Census Median Value | $192,700 |
| Zillow Home Value (ZHVI) | $238,584 |
| Median Sale Price | $186,661 |
| Median List Price | $262,400 |
| Price Per Sq Ft | $135 |
Rent
| Census Median Rent | $974 |
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
| Days on Market | 51 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 17.7% |
| Homes Sold | 9 |
| Active Inventory | 17 |
| Price Per Sq Ft | $135 |
Ownership & Stock
| Owner-Occupied | 74.6% |
| Renter-Occupied | 25.4% |
| Homeownership Rate | 74.6% |
| Total Housing Units | 6,240 |
| Median Year Built | 1964 |
| Rent Burden | 26.9% |