Mankato Real Estate

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Mankato, Minnesota
Average Home Sizes and Asking Prices

Updated On: January 20, 2020
Zipcode Single Family Home Townhome or Condo
4 BR 3 BR #Lst 3 BR 2 BR #Lst
56001 2,200 sf $277,000 2,400 sf $333,000 21
56003 2,400 sf $286,000 2,000 sf $332,000 17


56001 - 3 Bedroom Homes
# of Listings and Avg Price*
 2 Years Ago  3   $152k
 1 Year Ago  9   $204k
 6 Months Ago   10   $251k
 1 Month Ago  6   $286k
 Today  4   $331k
*Averaged for 3 bedroom active listings



56003 - 3 Bedroom Homes
# of Listings and Avg Price*
 2 Years Ago  7   $226k
 1 Year Ago  11   $244k
 6 Months Ago   13   $287k
 1 Month Ago  11   $315k
 Today  10   $335k
*Averaged for 3 bedroom active listings



Asking Price in 56001 - 3 Bedroom Single Family Homes
56001 real estate listing 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 January 19th, 2020: homes priced around $331,583 compared to $331,583 the previous week, to remain steady with no change in listing price.  For Sunday, January 19th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.

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