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Featured local agent — New Munich, MN

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Sarah Mitchell

CNESRESABR

Compass Real Estate · New Munich, MN

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

New Munich, MN(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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New Munich, MN Housing Market & Real Estate

Seller's market-7.1% YoY

Housing market overview · Updated monthly ·

$249,350median sale price

How is the New Munich, MN housing market right now?

The median home sale price in New Munich, MN is $249,350, down 7.1% year-over-year. Homes sell in an average of 10 days. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is New Munich a buyer's or seller's market?

Seller's market10 avg. days on market

New Munich, MN is currently a seller's market and homes selling in about 10 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

10

Fast-moving

Active listings

Sale-to-list

103.9%

Above asking

What does the New Munich housing market data show?

Current housing market statistics for New Munich, MN
MetricValue
Median sale price$249,350
Median list price$229,999
Year-over-year price change-7.1%
Average days on market10 days
Sale-to-list price ratio103.9%
Median price per sq ft$165/sq ft
Homes sold (latest month)1
New listings (latest month)1
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in New Munich by property type?

How the New Munich, MN market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in New Munich, MN
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$249,350$165/sq ft110 days

Source: Redfin · Updated monthly

The New Munich housing market is currently classified as a seller's market with a median sale price of $249,350. Prices have fallen 7.1% compared to last year, with homes spending an average of 10 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Homes for sale in New Munich

Explore homes currently listed for sale in New Munich, Minnesota across major real estate platforms.

Sale-to-list:103.9%

Who lives in New Munich?

Population

275

Median income

$90,714/yr

Median age

38.2 years

Owner-occupied

96.9%

College grads

21.6%

Avg commute

27 min

Source: U.S. Census Bureau ACS

What is it like to live in New Munich?

New Munich is a community of approximately 0K residents with a median age of 38.2 years.The median household income is $90,714, which reflects a relatively affluent area with strong earning potential. 21.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 96.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 27 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, New Munich offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near New Munich, MN?

Want a head-to-head view? Compare New Munich side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in New Munich?

The median home sale price in New Munich is $249,350, down 7.1% from last year.

How long do homes stay on market in New Munich?

Homes typically spend 10 days on market before going under contract.

What is the median income in New Munich?

The median household income is $90,714 per year.

How much does a single-family home cost in New Munich?

The median single-family home price in New Munich, MN is $249,350 (about $165 per square foot).

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