Mankato Real Estate

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Mankato, Minnesota
Average Home Sizes and Asking Prices

Updated On: August 16, 2017
Zipcode Single Family Home Townhome or Condo
4 BR 3 BR #Lst 3 BR 2 BR #Lst
56001 2,300 sf $218,000 2,500 sf $414,000 19
56003 3,000 sf $318,000 6


56001 - 3 Bedroom Homes
# of Listings and Avg Price*
 2 Years Ago  5   $614k
 1 Year Ago  5   $269k
 6 Months Ago   6   $501k
 1 Month Ago  6   $407k
 Today  6   $380k
*Averaged for 3 bedroom active listings



56003 - 3 Bedroom Homes
# of Listings and Avg Price*
 2 Years Ago  5   $614k
 1 Year Ago  6   $241k
 6 Months Ago   6   $501k
 1 Month Ago  9   $388k
 Today  9   $369k
*Averaged for 3 bedroom active listings



Asking Price in 56001 - 3 Bedroom Single Family Homes
56001 real estate listing price trend

56001 sold real estate price trend
Demographics & Schools Mortgage Calculator Area Map

Mankato Real Estate & Homes for Sale in Minnesota

Welcome to Mankato, Minnesota, a wonderful community located in the Blue Earth, Nicollet, and Le Sueur counties. Mankato is the fourth largest city in Minnesota outside of the Minneapolis-St. Paul metropolitan area.

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Mankato Real Estate Market Info - Prices of Houses for Sale in Mankato

Buyers looking to purchase a home in the pleasant community of Mankato will find that the area predominantly offers listings of single family homes, with a few listings of condos and townhomes. Prices for Mankato's single family homes run the pricing spectrum of $45,000 to $1.25million. A 2-bedroom/2 bathroom condo or townhome in Mankato starts at $64,900.


Mankato Real Estate Stats and Trends for the week of August 14th, 2017: homes priced around $413,560 compared to $355,450 the previous week, showing a increase of more than +14%.  For Wednesday, August 16th, the current national mortgage rate for a 30 year fixed mortgage is 3.76%; the 15 year fixed rate is at 2.96%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.08%, while the 15 year jumbo rate currently is at 3.65%.

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