New Ulm, MN Housing


2 Reviews



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United States / Minnesota / New Ulm Metro Area / Brown County / New Ulm / Zip Codes
New Ulm, MN is an excellent place to invest in real estate. The median value of housing in New Ulm is $203,500, which is significantly lower than the US median value of $338,100. Furthermore, the one year appreciation rate for homes in New Ulm is 11.33%, far higher than the national average of 8.27%. This indicates that investing in real estate in New Ulm could be a very lucrative opportunity for those interested in increasing their wealth.

The median home cost in New Ulm is $203,500. Home appreciation the last 10 years has been 70.2%. Home Appreciation in New Ulm is up 11.6%.

Average Age of Homes
- The median age of New Ulm real estate is 52 years old
The Rental Market in New Ulm
- Renters make up 25.1% of the New Ulm population
- 0.3% of houses and apartments in New Ulm, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingNew Ulm, MinnesotaUnited States
  6,277.0139,647,020.0
  5542
  $203,500$338,100
  11.6%16.6%
  43.0%57.0%
  70.2%101.1%
  $13.17$10.98
  $1,966$2,690
  68.7%57.4%
  6.3%11.2%
  25.0%31.4%
  Vacant Housing
  0.3%1.9%
  0.0%0.4%
  0.5%0.7%
  0.8%0.4%
  1.0%3.6%
  3.6%4.1%
  Value of Owner-Occupied Housing
  5.1%2.6%
  1.1%2.4%
  1.5%2.8%
  3.8%3.9%
  8.5%4.5%
  30.4%11.3%
  24.8%13.0%
  14.3%20.1%
  4.0%13.6%
  4.6%8.3%
  1.3%9.7%
  0.5%3.9%
  0.1%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.3%0.2%
  6.2%13.6%
  6.2%13.6%
  9.3%13.6%
  7.1%13.2%
  17.4%14.8%
  9.3%13.6%
  12.4%10.0%
  5.7%4.7%
  25.7%12.2%
Reviews for New Ulm
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Brenda · Wichita, KS
NO, just NO unless you are rich
Over 6 years ago

Well, hmmm. I did not care for it here. But then again, it was tainted by Catholic issues. (I had those until recently when I quit). I also tried Lutherans - no  More

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C · New Ulm, MN
Community is leading change to make it a 'healthy'
Over 9 years ago

Many areas (employers, city government, local hospital, etc.) are all working to make the city 'the healthiest place to  More

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