Zip 78950 (New Ulm, TX) Housing

Housing in 78950 New Ulm, TX is considerably more expensive than the median US house value. The median house value for this area was $441,900 and the US median was $338,100. Furthermore, the one year appreciation rate for houses in 78950 New Ulm, TX was 16.22%, significantly higher than the US median of 8.27%. This suggests that housing prices in this area are on an upward trend which is no doubt appealing to potential buyers and investors alike.

The median home cost in New Ulm (zip 78950) is $441,900. Home appreciation the last 10 years has been 99.0%. Home Appreciation in New Ulm (zip 78950) is up 19.7%.

Average Age of Homes

- The median age of New Ulm (zip 78950) real estate is 34 years old

The Rental Market in New Ulm (zip 78950)

- Renters make up 13.9% of the New Ulm (zip 78950) population
- 0.9% of houses and apartments in New Ulm (zip 78950), 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

Housing	New Ulm, Texas	United States
	1,276.0	139,647,020.0
	29	42
	$441,900	$338,100
	19.7%	16.6%
	63.7%	57.0%
	99.0%	101.1%
	$12.53	$10.98
	$3,081	$2,690
	61.9%	57.4%
	31.7%	11.2%
	6.3%	31.4%
Vacant Housing
	0.9%	1.9%
	0.0%	0.4%
	2.0%	0.7%
	0.9%	0.4%
	16.4%	3.6%
	11.5%	4.1%
Value of Owner-Occupied Housing
	4.3%	2.6%
	0.0%	2.4%
	4.8%	2.8%
	0.0%	3.9%
	3.9%	4.5%
	6.7%	11.3%
	9.7%	13.0%
	26.1%	20.1%
	11.3%	13.6%
	16.6%	8.3%
	4.9%	9.7%
	5.8%	3.9%
	2.0%	2.2%
	0.8%	0.8%
	3.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	24.8%	13.6%
	24.8%	13.6%
	15.5%	13.6%
	10.8%	13.2%
	5.8%	14.8%
	15.5%	13.6%
	4.8%	10.0%
	2.8%	4.7%
	17.7%	12.2%

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