The Mankato housing market is somewhat competitive. The median sale price of a home in Mankato was $325K last month, down 2.6% since last year. The median sale price per square foot in Mankato is $161, up 3.2% since last year.
To compare other locations to the Mankato and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Mankato's median sale price is 27% lower than the national average. Overall cost of living in Mankato is 5% lower than the national average. Learn which home features in Mankato add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Mankato housing market?
Mankato is somewhat competitive. Homes sell in 21 days.
0
100
50
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 21 days.
Hot homes
can sell for about 2% above list price and go pending in around 11 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Mankato housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Mankato.
Flood Factor - Minor
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Mankato has a minor risk of flooding. 582 properties in Mankato are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in Mankato. Flood risk is increasing faster than the national average.
51% of properties are at risk of wildfire over the next 30 years
Fire Factor
Mankato has a moderate risk of wildfire. There are 7,042 properties in Mankato that have some risk of being affected by wildfire over the next 30 years. This represents 51% of all properties in Mankato.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Mankato has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Mankato is most at risk from tornadoes. 13,642 properties in Mankato have some risk of being in a severe wind event within the next 30 years.