New York Mills Real Estate Forecast, New York Mills Area Housing Prices and Home Value Trends and Predictions

Is buying a house in New York Mills a good investment? The median home price in New York Mills today: â–¼ 255,290 USD (-5.951%)

  • History
  • Forecast
  • Data
  • Q&A

Current Price

$255,290

1 Month Forecast

â–² $272,947

1-Year Forecast *

â–² $287,052

5-Year Forecast *

â–² $330,903

"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 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "New York Mills" area is 330,903 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +29.62% meaning that investing 100000 USD today may yield a profit of 29,618 USD by 2031.

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: 2026-2032

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: $287,052* (upside of 12.4%)

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 $106,231 $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 287,052 USD in one year.

Is it profitable to invest in New York Mills homes?

Yes. The long-term profit potential is +12.44% 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 317,252 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 385,403 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 decreased, 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 decreased by 5.168% to 255,290 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 14.192% in 2021
  • 13.772% in 2022
  • 14.202% in 2023
  • 10.712% in 2024
  • 13.192% in 2025
  • 14.322% in 2026

Based on our New York Mills real estate market research and report the predicted sales prices will increase by 223.048% in the next 10 years.

Over the last 12 months, the value of homes in New York Mills fluctuated: increasing 4 times .

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

Below you will find the price predictions for 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 272947 250838 295056
September 2025 274457 250579 298335
October 2025 275975 249758 302193
November 2025 277502 250030 304975
December 2025 278680 253877 303482
New York Mills Housing Market Forecast with Real Estate Prices for 2026
January 2026 278389 264470 292308
February 2026 279242 251317 307166
March 2026 280786 265624 295949
April 2026 282340 256082 308598
May 2026 283902 268855 298949
June 2026 285473 260637 310309
July 2026 287052 262366 311739
August 2026 288640 271322 305959
September 2026 290237 264116 316358
October 2026 291843 273457 310229
November 2026 293268 275379 311158
December 2026 293306 271601 315010
New York Mills Housing Market Forecast with Real Estate Prices for 2027
January 2027 292413 263757 321070
February 2027 291523 269076 313971
March 2027 290684 263941 317427
April 2027 290359 265678 315039
May 2027 291017 261916 320119
June 2027 292061 276581 307540
July 2027 293677 270476 316877
August 2027 295301 273744 316858
September 2027 296935 276743 317127
October 2027 298578 280962 316194
November 2027 300230 282516 317943
December 2027 301183 275583 326784
New York Mills Housing Market Forecast with Real Estate Prices for 2028
January 2028 301648 271785 331511
February 2028 302113 280059 324167
March 2028 302510 276495 328526
April 2028 302148 284624 319673
May 2028 301257 275952 326563
June 2028 301053 285699 316406
July 2028 302718 278198 327239
August 2028 304393 274867 333919
September 2028 306077 281285 330869
October 2028 307771 278225 337317
November 2028 309473 291833 327113
December 2028 311186 287224 335147
New York Mills Housing Market Forecast with Real Estate Prices for 2029
January 2029 312907 289752 336062
February 2029 313923 286298 341548
March 2029 313916 296337 331495
April 2029 314870 290940 338801
May 2029 316612 290334 342891
June 2029 317354 298630 336078
July 2029 317252 300755 333749
August 2029 317566 291843 343289
September 2029 317968 287761 348175
October 2029 318248 293107 343390
November 2029 319894 288225 351564
December 2029 321664 305581 337747
New York Mills Housing Market Forecast with Real Estate Prices for 2030
January 2030 323444 300479 346408
February 2030 325233 296938 353528
March 2030 327032 309373 344692
April 2030 328420 309700 347140
May 2030 328077 304456 351699
June 2030 329082 306046 352118
July 2030 330903 313696 348110
August 2030 332734 304118 361349
September 2030 334574 303459 365690
October 2030 336425 315903 356947
November 2030 338287 312239 364335
December 2030 340158 322470 357847
New York Mills Housing Market Forecast with Real Estate Prices for 2031
January 2031 342040 314335 369745
February 2031 343933 322265 365600
March 2031 345613 314853 376372
April 2031 345656 320423 370889
May 2031 344605 316347 372862
June 2031 343556 314010 373102
July 2031 342567 311051 374083
August 2031 342184 312756 371611
September 2031 342960 316209 369711
October 2031 344189 319752 368627
November 2031 346094 321521 370666
December 2031 348008 315992 380025
New York Mills Housing Market Forecast with Real Estate Prices for 2032
January 2032 349934 326838 373029
February 2032 351870 328646 375093
March 2032 353816 325865 381768
April 2032 354940 329385 380496
May 2032 355488 331670 379305
June 2032 356036 336098 375974
July 2032 356504 334401 378607

> 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.