Mankato Real Estate

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Mankato, Minnesota
Average Home Sizes and Asking Prices

Updated On: September 25, 2017
Zipcode Single Family Home Townhome or Condo
4 BR 3 BR #Lst 3 BR 2 BR #Lst
56001 2,400 sf $275,000 2,500 sf $390,000 17
56003 2,000 sf $222,000 6


56001 - 3 Bedroom Homes
# of Listings and Avg Price*
 2 Years Ago  5   $306k
 1 Year Ago  5   $277k
 6 Months Ago   4   $723k
 1 Month Ago  5   $425k
 Today  6   $392k
*Averaged for 3 bedroom active listings



56003 - 3 Bedroom Homes
# of Listings and Avg Price*
 2 Years Ago  5   $306k
 1 Year Ago  7   $237k
 6 Months Ago   5   $684k
 1 Month Ago  7   $409k
 Today  7   $410k
*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 September 25th, 2017: homes priced around $389,717 compared to $417,680 the previous week, showing a decrease of less than -7%.  For Monday, September 25th, the current national mortgage rate for a 30 year fixed mortgage is 3.77%; the 15 year fixed rate is at 2.97%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.16%, while the 15 year jumbo rate currently is at 3.83%.

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