Mankato Real Estate

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Mankato, Minnesota
Average Home Sizes and Asking Prices

Updated On: June 21, 2018
Zipcode Single Family Home Townhome or Condo
4 BR 3 BR #Lst 3 BR 2 BR #Lst
56001 2,500 sf $262,000 1,900 sf $211,000 16
56003 3,000 sf $329,000 7

56001 - 3 Bedroom Homes
# of Listings and Avg Price*
 2 Years Ago  4   $304k
 1 Year Ago  7   $388k
 6 Months Ago   4   $222k
 Today  9   $229k
*Averaged for 3 bedroom active listings

56003 - 3 Bedroom Homes
# of Listings and Avg Price*
 2 Years Ago  6   $257k
 1 Year Ago  9   $387k
 6 Months Ago   6   $260k
 Today  11   $221k
*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 June 12th, 2018: homes priced around $210,788 compared to $170,657 the previous week, showing a increase of more than +19%.  For Wednesday, June 20th, the current national mortgage rate for a 30 year fixed mortgage is 4.55%; the 15 year fixed rate is at 4.00%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.02%, while the 15 year jumbo rate currently is at 4.49%.

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