SIALIMStatistical Intelligence for America's Local Investment Markets

56073New Ulm, MN Home Values

Typical home value $255,955 as of June 2026 · 4th of 7 in New Ulm, MN

Typical value — June 2026
$255,955
observed, not a forecast
Past 12 months
+7.9%
trailing year-over-year change
Past 5 years
+34.6%
June 2021 to June 2026
Rank in metro
4th
of 7 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 56073, June 2021 to June 2026. This page shows observed data only; no forecast.

How 56073 compares in the New Ulm, MN area

ZIP code 56073 (New Ulm, MN) has a typical home value of $255,955 as of June 2026, ranking 4th of 7 ZIP codes tracked in the New Ulm, MN area, more expensive than about 57% of ZIP codes in the metro. Prices here have moved +7.9% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +34.6%, from $190,181 in June 2021 to $255,955 in June 2026.

Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the New Ulm, MN forecast for a modeled outlook, or browse the full ranked list of ZIP codes in New Ulm.

Population and demographics

ZIP code 56073 has a population of 17,325, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 93.6% White, 3% Hispanic or Latino, 1.3% two or more races, 1.1% Black or African American, 0.8% Asian, 0.1% American Indian or Alaska Native, and 0.1% another race.

Nearby public schools

SchoolAddressDistance
JEFFERSON ELEMENTARY318 S PAYNE ST, NEW ULM, MN0.2 mi
NEW ULM MIDDLE SCHOOL414 S PAYNE ST, NEW ULM, MN0.3 mi
New Ulm CTE Center208 NORTH VALLEY STREET, NEW ULM, MN1 mi

Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.

Frequently asked questions

What is the typical home value in ZIP code 56073?

$255,955 as of June 2026, the latest month Zillow has published observed data for.

Is 56073 an expensive ZIP code in the New Ulm, MN area?

56073 ranks 4th of 7 ZIP codes in the New Ulm, MN area by typical home value, more expensive than about 57% of ZIP codes in the metro.

How much have home values in 56073 changed over the past year?

+7.9% over the trailing 12 months, from observed Zillow data.

What is the population of ZIP code 56073?

17,325, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 56073?

JEFFERSON ELEMENTARY (0.2 mi), NEW ULM MIDDLE SCHOOL (0.3 mi), New Ulm CTE Center (1 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.

Is this page showing a forecast for 56073?

No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the New Ulm, MN forecast for a modeled outlook.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.