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Median Home Price in New Ulm, MN

The median home value in New Ulm, MN is $258,271 as of 2026-07-31, up 7.39% from a year earlier.

View New Ulm on the interactive city map →

Median Home Value

$258,271

Year-over-Year

+7.39%

Population

13,858

New Ulm ranks #95 of 112 Minnesota cities tracked here by median home value, and sits 27.4% below the state's city median of $355,920. It sits in Brown County, where the county-wide median is $254,656.

Housing affordability in New Ulm

Median household income in New Ulm is $64,449, so the typical home value is about 4.0× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.

Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).

Crime in New Ulm

New Ulm police recorded a violent crime rate of 72 per 100,000 residents in 2024 — lower than most cities that report to the FBI. Property crime runs at 1,018 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about New Ulm

What is the average home price in New Ulm, MN?

People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In New Ulm, that value is $258,271. That's up 7.39% from a year earlier. It is about 27.4% below the typical Minnesota city tracked here.

Is New Ulm expensive compared to the surrounding area?

Homes in New Ulm are more expensive than Brown County as a whole, where the median is $254,656 — a difference of about 1.4%.

Is New Ulm affordable?

Median household income here is $64,449, so the typical home value is about 4.0× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.

Is New Ulm a safe place to live?

New Ulm police reported 72 violent crimes per 100,000 residents, covering a population of about 13,858. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.

Cities with similar home prices in MN

Cloquet · Winona · Litchfield · Glencoe · Waseca · Waite Park · Worthington · Marshall