Mankato Real Estate

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Mankato, Minnesota
Average Home Sizes and Asking Prices

Updated On: December 19, 2014
Zipcode Single Family Home Townhome or Condo
4 BR 3 BR #Lst 3 BR 2 BR #Lst
56001 2,500 sf $264,000 1,700 sf $181,000 201
56003 2,800 sf $270,000 1,900 sf $194,000 79


56001 - 3 Bedroom Homes
# of Listings and Avg Price*
 2 Years Ago  120   $165k
 1 Year Ago  100   $195k
 6 Months Ago   108   $208k
 1 Month Ago  84   $175k
 Today  72   $181k
*Averaged for 3 bedroom active listings



56003 - 3 Bedroom Homes
# of Listings and Avg Price*
 2 Years Ago  151   $163k
 1 Year Ago  132   $189k
 6 Months Ago   135   $203k
 1 Month Ago  115   $178k
 Today  101   $184k
*Averaged for 3 bedroom active listings



Change and Trend of Asking Price in 56001 Check Also 


Sold Price History in 56001
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 December 15th, 2014: homes priced around $193,689 compared to $194,196 the previous week, for a slight decrease of less than -1%.  For Friday, December 19th, the current national mortgage rate for a 30 year fixed mortgage is 4.12%; the 15 year fixed rate is at 3.14%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.24%, while the 15 year jumbo rate currently is at 3.92%. You can calculate your mortgage rate with our mortgage calculators.  Get local info and homes for sale in Mankato MN. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Mankato to help you find the best home!

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