Housing in New Germany, MN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — December 2024

Median Sale Price

$142,755

Median List Price

N/A

Price Per Sq Ft

$137

Days on Market

6

Active Inventory

1

Months of Supply

1.0

Seller's market

Zillow Home Value

$377,370

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price ↓ 78.5%List Price ↓ 90.0%Mar 24 → Dec 24

Market Competitiveness

Source: Redfin

Sold Above List

100.0%

Sale-to-List Ratio

129.8%

Seller's market

Sold Above Asking
100.0%

Market Activity

Source: Redfin

Homes Sold

1

Homes Sold ↓ 50.0%New Listings ↑ 0.0%Pending ↑ 0.0%Mar 24 → Dec 24

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$137

Sale $/SF ↓ 51.6%List $/SF ↓ 77.7%Mar 24 → Dec 24

New Germany vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. New Germany is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$252,600

Median Rent

$860

Total Housing Units

219

Vacancy Rate

2.7%

Owner Occupied

85.9%

Renter Occupied

14.1%

Median Property Tax

$3,032

per year

Monthly Cost (w/ Mortgage)

$1,177

Housing Types

Single Family
86.3%
Multi-Family
13.7%
Mobile Home
0.0%

The current median sale price in New Germany, MN is $142,755 according to Redfin data. Homes spend a median of 6 days on the market. 100.0% of homes sold above asking price. The market has 1.0 months of supply. The median price per square foot is $137. The median rent is $860 per month (Census ACS). About 85.9% of housing units are owner-occupied. The median year homes were built is 1964. There are 219 total housing units.