New York Mills, MN
Full City Profile · Minnesota · Otter Tail County County
3.5
/5.0
B+
Good
1,319
Population
891/sq mi density
$51,696
Median Income
$36,397 per capita
$144,900
Home Value
$260,285 Zillow
$712
Median Rent
25.3% income on rent
40°F
Avg Temperature
276 sunny days/yr
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$51,696 median income, 2.8% unemployment
A+
Affordability
5.0 / 5.0
$144,900 home value, $712/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C
Education
2.4 / 5.0
17.6% bachelor's degree or higher
Housing Overview
Median Home Value
$144,900
49% below
US avg: $281,900
Median Rent
$712/mo
39% below
US avg: $1,163/mo
Homeownership Rate
57.7%
12% below US avg (65.4%)
Total Housing Units
586
Median year built: 1977
Home Value by Source
Census Median
$144,900
Zillow (ZHVI)
$260,285
Median Sale Price
$194,000
Median List Price
$145,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
57.7%
Owner-Occupied
42.3%
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:
$712/mo
Market Indicators (Redfin)
Median Days on Market
203 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
25.0%
of listings with price reduction
Price Per Sq Ft
$125
Active Inventory
4
homes for sale
Affordability & Housing Stock
Rent Burden
25.3%
of renters spending 30%+ of income on housing
18% below US avg (31.0%)
Median Year Built
1977
Average age of housing stock: 49 years
Homeownership Rate
57.7%
Complete Housing Data
Home Values
| Census Median Value | $144,900 |
| Zillow Home Value (ZHVI) | $260,285 |
| Median Sale Price | $194,000 |
| Median List Price | $145,000 |
| Price Per Sq Ft | $125 |
Rent
| Census Median Rent | $712 |
| 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 | 203 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 25.0% |
| Homes Sold | 3 |
| Active Inventory | 4 |
| Price Per Sq Ft | $125 |
Ownership & Stock
| Owner-Occupied | 57.7% |
| Renter-Occupied | 42.3% |
| Homeownership Rate | 57.7% |
| Total Housing Units | 586 |
| Median Year Built | 1977 |
| Rent Burden | 25.3% |
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