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New Germany, MN—55367

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$380,000
1.7% YoY Growth
Household Income
$89,900
24.8% YoY Growth
Days on Market
148
95.0% Longer YoY
Home Price Forecast
0.6%
Median Rent
$1,500
0.0% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$1,500
0.0% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — New Germany, MN

As of Dec '25, the median home price in New Germany, MN is $380,000, with a year-over-year change of 1.7%. This indicates that home prices in New Germany, MN are increasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$380,0001.7%
Single Family $380,0002.2%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		$343,0000.6%
    4 Bed
    		$444,0003.5%
    5 Bed N/AN/A
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    % of Housing Stock

    1 Bedroom
    2.9%
    2 Bedrooms
    21.5%
    3 Bedrooms
    33.7%
    4 Bedrooms
    31.7%
    5+ Bedrooms
    10.2%

    Rental Trends — New Germany, MN

    As of July '25, Rentcast reports the average rent in New Germany, MN is $1,500, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in New Germany, MN is 3-bedrooms: $1,500. The most common rental property sizes in New Germany, MN are 2-bedroom and 3-bedroom, accounting for 64.4% and 24.4% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,500$1,500
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent $1,500$1,500
    4 Bed Rent N/AN/A
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    % of Rental Stock

    2 Bedrooms
    64.4%
    3 Bedrooms
    24.4%
    4 Bedrooms
    6.7%
    5+ Bedrooms
    4.4%

    Property Listings — New Germany, MN

    As of Dec '25, Realtor.com reports that the median days on market for a home in New Germany, MN is 111. This is a increase of 87.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$1,290,00032.0%
    Listing Count
    		1-67.0%
    Listings as % of Homes0.7%-67.0%
    Days on Market
    		14895.0%
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    Demographics — New Germany, MN

    As of the latest ACS Survey released in 2023, New Germany, MN has a population of 1,090, which has increased by 8.2% over the past 5 years. New Germany, MN is a popular place for families, as children make up 29.7% of the population. The area has a poorly educated workforce, with 18.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.7% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		1,0908.2%
    % Under 18
    		29.7%15.1%
    % Seniors
    		11.9%-3.3%
    % WFH
    		10.7%174.4%
    % w/ College Degree
    		18.2%1.1%
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    As of the latest ACS Survey released in 2023, New Germany, MN is a predominantly white area, with 89.5% of the population identifying as white. The white population has shrunk by 6.5% in the last 5 years. The second most common race or ethnicity in New Germany, MN is hispanic, making up 8.0% of the population. Foreign-born residents account for 0.5% of the population in New Germany, MN, and this percentage has decreased by 73.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		89.5%-6.5%
    % Black
    		1.6%∞%
    % Hispanic
    		8.0%185.7%
    % Asian
    		0.3%50.0%
    % Foreign Born
    		0.5%-73.7%
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    Mortgage and Risk — New Germany, MN

    New Germany, MN lacks sufficient mortgage origination data for analysis.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		N/A
    % Conventional Loans
    		N/A
    % Government Loans
    		N/A
    % Investor Loans
    		N/A
    % Second Loans
    		N/A
    % Cash Out Refinance
    		N/A
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    Rentals and Section 8 — New Germany, MN

    New Germany, MN lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		N/A
    Total Units Section 8
    		N/A
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,200
    2 BedroomN/AN/A$1,460
    3 Bedroom$470$1,500$1,970
    4 BedroomN/AN/A$2,240

    Affordability — New Germany, MN

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.1
    Median Home Price$380,000
    Median Household Income$89,900

    New Germany, MN — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    55360

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    55397

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    55354

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    55370

    Frequently Asked Questions