View in Interactive Map

New Munich—56356

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$198,000
2.6% YoY Growth
Household Income
$88,800
84.4% YoY Growth
Days on Market
N/A
N/A
Home Price Forecast
0.8%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — New Munich

As of Dec '25, the median home price in New Munich is $198,000, with a year-over-year change of 2.6%. This indicates that home prices in New Munich are increasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$198,0002.6%
Single Family $198,0001.5%
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
    N/AN/A
    4 Bed
    N/AN/A
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    1 Bedroom
    2.3%
    2 Bedrooms
    26.1%
    3 Bedrooms
    35.2%
    4 Bedrooms
    27.3%
    5+ Bedrooms
    9.1%

    Rental Trends — New Munich

    New Munich lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
    Loading chart...

    % of Rental Stock

    2 Bedrooms
    100.0%

    Property Listings — New Munich

    New Munich lacks sufficient listing trend data for analysis.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    N/AN/A
    Listing Count
    N/AN/A
    Listings as % of HomesN/AN/A
    Days on Market
    N/AN/A
    Loading chart...

    Demographics — New Munich

    As of the latest ACS Survey released in 2023, New Munich has a population of 264, which has decreased by -6.4% over the past 5 years. New Munich is a popular place for families, as children make up 26.5% of the population. The area has a poorly educated workforce, with 15.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.2% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    264-6.4%
    % Under 18
    26.5%11.3%
    % Seniors
    22.0%10.6%
    % WFH
    10.2%29.1%
    % w/ College Degree
    15.5%-10.4%
    Loading chart...

    New Munich lacks sufficient race and ethnicity data for analysis.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    98.5%-1.5%
    % Black
    0.0%N/A
    % Hispanic
    0.0%N/A
    % Asian
    0.0%N/A
    % Foreign Born
    0.0%N/A
    Loading chart...

    Mortgage and Risk — New Munich

    New Munich 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
    Loading chart...
    Loading chart...

    Rentals and Section 8 — New Munich

    New Munich 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$870
    2 BedroomN/AN/A$1,130
    3 BedroomN/AN/A$1,480
    4 BedroomN/AN/A$1,770

    Affordability — New Munich

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2
    Median Home Price$198,000
    Median Household Income$88,800

    New Munich — ZIP Code Boundary Map

    Loading map...

    Nearby ZIP Codes

    Melrose, MN

    56352

    Freeport, MN

    56331

    Greenwald

    56335

    Albany, MN

    56307

    Saint Martin

    56376

    Frequently Asked Questions