Brokers — List your Company Here
Featured local agent — New York Mills, MN
Sarah Mitchell
Compass Real Estate · New York Mills, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
New York Mills, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$230,000median sale price
How is the New York Mills, MN housing market right now?
The median home sale price in New York Mills, MN is $230,000, up 45.6% year-over-year. Homes sell in an average of 20 days with 4 active listings. 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 York Mills a buyer's or seller's market?
New York Mills, MN is currently a seller's market, based on 0.8 months of supply and homes selling in about 20 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
20
Fast-moving
Active listings
4
0.8 months supply
Sale-to-list
98.2%
Below asking
What does the New York Mills housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $230,000 |
| Median list price | $192,400 |
| Year-over-year price change | +45.6% |
| Average days on market | 20 days |
| Active inventory | 4 listings |
| Months of supply | 0.8 months |
| Sale-to-list price ratio | 98.2% |
| Median price per sq ft | $163/sq ft |
| Homes sold (latest month) | 5 |
| New listings (latest month) | 2 |
| Listings with a price cut | 50.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in New York Mills by property type?
How the New York Mills, MN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $230,000 | $163/sq ft | 5 | 20 days |
| Townhouse | $147,000 | $106/sq ft | 1 | 78 days |
Source: Redfin · Updated monthly
The New York Mills housing market is currently classified as a seller's market with a median sale price of $230,000. Prices have risen 45.6% compared to last year, with homes spending an average of 20 days on market, indicating 0.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.4x provides context for how home values compare to local earning capacity.
Homes for sale in New York Mills
There are currently 4 homes listed for sale in New York Mills, Minnesota. The median listing price is $192K.
Active listings
4
Homes on market
Median list price
$192K
Avg. days on market
20
Days until sale
New this week
2
Newly listed
Who lives in New York Mills?
Population
1,319
Median income
$51,696/yr
Median age
35.4 years
Owner-occupied
57.7%
College grads
17.6%
Avg commute
17.2 min
Source: U.S. Census Bureau ACS
What are homes worth in New York Mills?
Zillow home value
$281,436
Price-to-income
5.4x
Source: Zillow Research
What is it like to live in New York Mills?
New York Mills is a community of approximately 1K residents with a median age of 35.4 years.The median household income is $51,696, which represents a working-class community with solid middle-income opportunities. 17.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 57.7%, showing a blend of owner and renter-occupied properties. The average commute time is 17.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, New York Mills offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve New York Mills?
2 schools tracked · 802 students
The largest public schools serving New York Mills, MN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
NEW YORK MILLS ELEMENTARY
Grades PK-6 · 467 students
NEW YORK MILLS SECONDARY
Grades 7-12 · 335 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near New York Mills, MN?
Want a head-to-head view? Compare New York Mills 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 York Mills?
The median home sale price in New York Mills is $230,000, up 45.6% from last year.
How long do homes stay on market in New York Mills?
Homes typically spend 20 days on market before going under contract.
What is the median income in New York Mills?
The median household income is $51,696 per year.
Is New York Mills a buyer's or seller's market?
With 0.8 months of supply, New York Mills is currently a seller's market.
What is the Zillow home value estimate for New York Mills?
The Zillow Home Value Index (ZHVI) for New York Mills is $281,436, representing the typical home value in the area.
How much does a single-family home cost in New York Mills?
The median single-family home price in New York Mills, MN is $230,000 (about $163 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on New York Mills, MN
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get New York Mills market alerts
Weekly updates on prices, inventory, and trends. Free forever.