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Updated May 2026 · Redfin · 3-month window

56073 Real Estate Market Update: New Ulm, MN, May 2026

The latest housing-market numbers for ZIP code 56073 in New Ulm, Minnesota, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.

ZIP 56073 · New Ulm, MN · May 2026 · Source: Redfin
MetricValueMoMYoY
Median sale price$265K▲ +2.5%▲ +28.6%
Days on market27▼ -25.0%▲ +35.0%
Homes for sale26▲ +18.2%▼ -18.7%
Sale-to-list98.8%▲ +0.7%▼ -1.1%
Homes sold45▲ +18.4%▲ +15.4%

Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.

What the 56073 numbers say

Prices in New Ulm's 56073 ZIP are still climbing. The median sale price reached $265,000, up 28.6% year over year. Homes here move fast: a typical listing goes under contract in about 27 days, and sellers are getting 98.8% of list price.

Based on 45 recent sales, 56073 is currently an active market.

What this means if you sell in 56073

Use these figures to set expectations early. Lead a listing appointment with the median price and the 27-day pace, show the year-over-year direction, and frame 56073 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.

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Frequently asked: the 56073 housing market

What is the median home price in ZIP 56073 (New Ulm, MN)?
As of May 2026, the median sale price in ZIP 56073 is $265,000 (+28.6% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
Is ZIP 56073 a buyer's or seller's market right now?
ZIP 56073 is currently an active market, based on a 98.8% sale-to-list ratio, about 27 days on market for May 2026.
How long do homes take to sell in ZIP 56073?
A typical listing in 56073 goes under contract in about 27 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
Where does this 56073 market data come from?
All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.

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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.