New Germany, MN Home Values & Market Trends

Real estate market trends reflect that there have been 14 transactions over the past year in New Germany. The median value for residential home transactions that occurred over the previous year is $350,949. The number of current listings in New Germany is 0, and the percentage of properties for sale in the city is 0.00%. New Germany, MN currently has 1 properties in foreclosure, 1 bank owned properties, 0 properties headed for auction, and 0 properties for sale.

New Germany, MN Real Estate Market Overview

ZipMedian Est. Value
55367

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Housing Market Summary for New Germany, MN

Apr 2023March 2024Change
Median Listing Price$587.5K$304.4K-48.18%
Median Sold Price$305K$304.4K-0.18%
Homes For Sale22-
Homes Sold84-50.00%
Price
$/Sqft
Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in New Germany, MN

New Germany home values range from $59,404 to $2,313,931. The median estimated value of a home in New Germany is $350,949. The median list price of a home is 0, and the total count of properties in the city is 378.

Foreclosure
There is 1 zips within New Germany, MN; within this zips, the median estimated home value for homes in foreclosure ranges from $301,430 in 55367 to the lowest value of $301,430 in 55367. Foreclosure homes account for 0.00% of properties in New Germany, MN with 55367 containing 1 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in New Germany, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within New Germany, MN; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in New Germany, MN ranges from the highest value of $301,430 in 55367 to the lowest value of $301,430 in 55367. Bank owned homes and properties account for 0.26% of properties in New Germany, MN. There is 1 zips within New Germany, MN; 55367 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of New Germany, MN. Auction homes and other auction properties account for 0% of all properties in New Germany, MN. There is 1 zips within New Germany, MN; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.00% of residential properties in New Germany, MN with 55367 containing 0 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within New Germany, MN; homes for sale in that zips, have a range of median values from $0 in 55367 to the lowest value of $0 in 55367.
    Sold Homes
    The median value for recently sold homes ranges from $669,195 in 55367 to the lowest price of $129,701 in 55367. There is 1 zips within New Germany, MN. 55367 has 4 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.06% of properties in New Germany, MN.

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      Guide for New Germany, MN

      Market Reports
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
      Market Reports
      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      See More Articles
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
      Market Reports|posted 26 March 2024

      Overview of the real estate trends in Saint Paul over the past year, analyzing various aspects like sale prices, property values, market activity, and market dynamics on a monthly basis, discussing influences such as economic conditions, interest rates, seasonal changes, and local employment levels.

      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Market Reports|posted 14 March 2024

      The article provides a comprehensive analysis of real estate market trends in Minneapolis and its surrounding cities, highlighting various shifts in property values and sales. The observations reflect a diverse and dynamic market catering to varying buyer preferences and budgets.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Recently Listed Homes New Germany, MN

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