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Today: September 22, 2025

Current Price

$255,290

1 Month Forecast

$272,993

1-Year Forecast *

$288,246

5-Year Forecast *

$336,339

"Is it a good time to buy homes in New York Mills?" "Does investing in real estate in New York Mills (Minnesota State, Otter Tail County) worth it?" According to our live Forecast System, buying a house in New York Mills is a good short-term (1-year) investment*. The New York Mills average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "New York Mills" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in New York Mills in Minnesota State, Otter Tail County. If you are looking for homes for sale with good flipping profit, New York Mills can be a profitable property investment option. The median price of an average house in New York Mills was 255,290 USD on 2025-09-22. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "New York Mills" area is 336,339 USD by 2030-09-22. For a 5-year investment the profit is expected to be around +31.75% meaning that investing 100000 USD today may yield a profit of 31,748 USD by 2030.

Current Median Listing Price: 255,290 USD Median Listing Price Per Square Foot: 142 USD

New York Mills Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

New York Mills (Minnesota State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2025-2031

The long-term housing forecast is based on all the available median listing price recorded up to today.

New York Mills Price Target

New York Mills median home price target in 12 months: $288,246* (upside of 12.9%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $268,660 $271,445 $268,660 $271,445
2024 $240,930 $255,290 $240,766 $255,290
2023 $229,107 $241,642 $229,107 $241,932
2022 $216,373 $228,588 $216,373 $231,640
2021 $192,230 $214,063 $192,230 $214,063
2020 $173,479 $189,540 $172,833 $189,540
2019 $159,893 $173,410 $159,893 $173,410
2018 $151,935 $158,529 $151,935 $158,529
2017 $145,978 $151,304 $145,978 $151,304
2016 $135,284 $144,658 $135,284 $144,658
2015 $121,905 $133,851 $121,905 $133,851
2014 $115,434 $121,241 $115,434 $121,241
2013 $111,500 $115,406 $111,500 $115,641
2012 $106,340 $111,193 $106,207 $111,193

Questions & Answers about the New York Mills Housing Market Forecast

How much does an average home cost in New York Mills today?

The value of an average home (the listing price) in New York Mills is $255,290 USD.

What is the average price per square foot in New York Mills?

According to Walletinvestor the median price per square foot in New York Mills is 142 USD.

Will the median listing price of homes in New York Mills grow / rise / go up?

Yes. The New York Mills home prices may rise from 255,290 USD to 288,246 USD in one year.

Is it profitable to invest in New York Mills homes?

Yes. The long-term profit potential is +12.91% in one year.

Will New York Mills house prices fall / drop?

No. See above.

What is the predicted price of a New York Mills home in 2030?

The predicted home sales price of a New York Mills home in 2030 in New York Mills is 336,339 USD.

What is the predicted price of a New York Mills home in 2035?

The predicted home sales price of a New York Mills home in 2035 in New York Mills is 416,747 USD.

Will real estate prices decrease in New York Mills?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

New York Mills is the 10927. largest city in the United States, located in Minnesota State.

During the last 12 months the real estate prices in Otter Tail, New York Mills increased, looking at the past 12 months.

According to Walletinvestor's New York Mills real estate market research, home values will increase in the next 12 months.

Median home values increased by 0.627% to 255,290 USD, between 2024-09-22 and 2025-09-22

The average annual profit of property investment was:

  • 11.339% in 2020
  • 13.709% in 2021
  • 12.909% in 2022
  • 12.449% in 2023
  • 12.839% in 2024
  • 12.579% in 2025

Based on our New York Mills real estate market research and report the predicted sales prices will increase by 236.739% in the next 10 years.

Over the last 12 months, the value of homes in New York Mills fluctuated: increasing 8 times and decreasing 2 times.

New York Mills (Minnesota) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
New York Mills Housing Market Forecast with Real Estate Prices for 2025
August 2025 272993 256340 289646
September 2025 274550 258351 290748
October 2025 276115 258720 293511
November 2025 277690 251032 304348
December 2025 279274 256932 301616
New York Mills Housing Market Forecast with Real Estate Prices for 2026
January 2026 280866 258397 303336
February 2026 282468 261848 303088
March 2026 284079 257375 310782
April 2026 285699 257415 313983
May 2026 287328 260319 314337
June 2026 288547 265752 311342
July 2026 288246 269798 306694
August 2026 289129 270625 307633
September 2026 290778 272168 309387
October 2026 292436 270211 314661
November 2026 294103 278810 309397
December 2026 295781 271231 320330
New York Mills Housing Market Forecast with Real Estate Prices for 2027
January 2027 297467 279322 315613
February 2027 299164 269547 328781
March 2027 300870 276499 325240
April 2027 302585 283220 321951
May 2027 304064 285820 322307
June 2027 304102 277645 330559
July 2027 303233 277761 328705
August 2027 302366 284527 320206
September 2027 301502 275272 327733
October 2027 301165 273458 328872
November 2027 301848 286152 317544
December 2027 302930 282028 323832
New York Mills Housing Market Forecast with Real Estate Prices for 2028
January 2028 304658 284550 324765
February 2028 306395 283109 329681
March 2028 308142 289346 326939
April 2028 309900 288826 330973
May 2028 311667 292032 331302
June 2028 312657 292647 332667
July 2028 313139 295603 330675
August 2028 313622 290414 336830
September 2028 314034 288284 339785
October 2028 313659 282293 345024
November 2028 312762 283363 342162
December 2028 312550 288171 336929
New York Mills Housing Market Forecast with Real Estate Prices for 2029
January 2029 314332 285099 343565
February 2029 316125 299686 332563
March 2029 317928 298534 337321
April 2029 319741 297359 342122
May 2029 321564 294874 348254
June 2029 323398 305934 340861
July 2029 325217 296598 353836
August 2029 326273 296256 356290
September 2029 326266 299838 352694
October 2029 327258 297150 357366
November 2029 329124 303782 354467
December 2029 329895 296905 362884
New York Mills Housing Market Forecast with Real Estate Prices for 2030
January 2030 329788 306373 353203
February 2030 330115 305687 354544
March 2030 330533 302438 358629
April 2030 330824 310313 351335
May 2030 332535 314246 350825
June 2030 334432 302995 365868
July 2030 336339 313131 359546
August 2030 338257 309843 366670
September 2030 340186 309909 370462
October 2030 342126 308597 375654
November 2030 344077 316551 371603
December 2030 346039 319394 372684
New York Mills Housing Market Forecast with Real Estate Prices for 2031
January 2031 348012 327828 368197
February 2031 349997 315697 384297
March 2031 351993 325241 378744
April 2031 353486 319198 387774
May 2031 353118 329812 376423
June 2031 354199 335781 372617
July 2031 356219 333421 379017
August 2031 358250 331381 385119
September 2031 360293 328227 392359
October 2031 362348 336259 388437
November 2031 364414 337447 391381
December 2031 366492 347801 385183
New York Mills Housing Market Forecast with Real Estate Prices for 2032
January 2032 368582 347573 389591
February 2032 370684 339176 402192
March 2032 372495 344930 400059
April 2032 372542 342366 402718
May 2032 371477 351418 391537
June 2032 370416 337819 403012
July 2032 369357 340917 397798
August 2032 368944 332049 405838
September 2032 369781 334282 405280
October 2032 371106 349211 393002
November 2032 373223 337767 408679
December 2032 375351 343822 406881
New York Mills Housing Market Forecast with Real Estate Prices for 2033
January 2033 377492 340120 414863
February 2033 379644 344717 414572
March 2033 381809 354701 408918
April 2033 383022 345486 420558
May 2033 383613 352540 414685
June 2033 384204 356157 412251
July 2033 384710 348932 420488

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.