If you need assistance, please call 952-985-7253

Mankato

Why you'd want to live in Mankato

Living in Mankato, Minnesota offers a rare combination of energy, scenery, and opportunity that appeals to people looking for both comfort and momentum in their daily lives. Home to Minnesota State University, Mankato, the city has a youthful, dynamic atmosphere supported by education, healthcare, and a growing business sector, which keeps the local economy strong and diverse. Mankato’s location along the Minnesota River and near scenic bluffs provides easy access to parks, trails, and outdoor recreation that seamlessly fit into everyday routines. The city’s revitalized downtown features restaurants, local shops, arts venues, and year-round events that bring the community together and add cultural depth. With solid schools, accessible housing options, and convenient connections to the Twin Cities, Mankato delivers the amenities of a larger city while maintaining a manageable size and a strong sense of community, making it an appealing place to build both a career and a life.

Mankato Market Report

$473,010

AVERAGE PRICE OF 160 HOMES

$1,889,900

AVERAGE PRICE OF 12 MULTI-MILLION DOLLAR HOMES

$540,696

AVERAGE PRICE OF 12 NEWLY BUILT HOMES

$429,900

AVERAGE PRICE OF 1 HOMES WITH A POOL

$436,900

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price $473,010
Avg Bedrooms 3.02 beds
Avg Bathrooms 2.11 baths

Average Price by Bedrooms

2 bedrooms $313,343
3 bedrooms $329,697
4 bedrooms $395,402
5 bedrooms $531,740
Mankato Home Price Trends
  9/2026 8/2026 7/2026 6/2026 5/2026
Total Listings n/a 240 232 n/a n/a
Average Price n/a $442,211 $436,055 n/a n/a
Avg Price Change n/a +1.41% n/a n/a n/a
Median Price n/a $300,503 $299,126 n/a n/a
Med Price Change n/a +0.46% n/a n/a n/a
Avg Bedrooms n/a 2.39 beds 2.39 beds n/a n/a
Avg Bathrooms n/a 1.73 baths 1.73 baths n/a n/a
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 160 $473,010 105 days
Multi-Million Dollar Homes 12 $1,889,900 238 days
Newly Built Homes 12 $540,696 180 days
Homes with a Pool 1 $429,900 38 days
Reduced Price Homes 5 $436,900 86 days
Patty Zuzek Mn, Wi Broker
801 Cliff Rd E # 135
Burnsville, MN 55337
952-985-7253

Based on information submitted to the MLS GRID as of October 11, 2026 6 AM. All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.
This site is powered by CINC: www.cincpro.com
Listing data on this site is provided by NorthStar Minneapolis Regional under license. NorthStar Minneapolis Regional is a data provider only and has no affiliation with .
Technology & Service Disclosure: This website is a real estate search platform powered by CINC, a real estate technology company. CINC provides the website, search tools, and technology infrastructure only. All real estate related services referenced on this site are provided exclusively by .