Mankato, MN Housing Market

Homes for sale

The Mankato housing market is somewhat competitive. The median sale price of a home in Mankato was $208K last month, down 33.5% since last year. The median sale price per square foot in Mankato is $152, up 11.7% since last year.

Trends
Demand
Migration
Schools
Climate
Transportation

Mankato Housing Market Trends

What is the housing market like in Mankato today?

$208K

Sale Price

-33.5%
since last year

$152

Sale $/Sq. Ft.

+11.7%
since last year

Under List Price

1.6%

Days on Market

Down Payment

—

Total Homes Sold

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 50% 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 hot is the Mankato housing market?

Mankato is somewhat competitive. Homes sell in 50 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 50 days.
Hot homes
can sell for about 1% above list price and go pending in around 18 days.

Compare With Nearby Cities

North Mankato

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 47 days.
Hot homes
can sell for around list price and go pending in around 15 days.

St. Peter

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 35 days.
Hot homes
can sell for around list price and go pending in around 21 days.

See more nearby cities and neighborhoods

Mankato Migration & Relocation Trends

No data on migration and relocation available in this area right now

Learn about migration trends in nearby cities

View houses in Mankato that sold recently

Recently sold homes

SOLD MAR 4, 2025
$245,000 Last Sold Price
3 beds
2 baths
—sq ft
1308 4th Ave, Mankato, MN 56001
List Price
$230,000
Sale to List
7% over list
Days on Market
21 days
1308 4th Ave, Mankato, MN 56001
SOLD MAR 3, 2025
$690,000 Last Sold Price
4 beds
3 baths
—sq ft
19369 584th Ln, Mankato, MN 56001
List Price
$730,000
Sale to List
5% under list
Days on Market
147 days
19369 584th Ln, Mankato, MN 56001
SOLD MAR 3, 2025
$146,000 Last Sold Price
2 beds
1 bath
—sq ft
630 Blue Earth St, Mankato, MN 56001
List Price
$140,000
Sale to List
4% over list
Days on Market
17 days
630 Blue Earth St, Mankato, MN 56001
SOLD FEB 28, 2025
3D WALKTHROUGH
$915,000 Last Sold Price
4 beds
3 baths
—sq ft
54648 211th Ln, Mankato, MN 56001
List Price
$999,950
Sale to List
8% under list
Days on Market
93 days
54648 211th Ln, Mankato, MN 56001
SOLD FEB 28, 2025
$50,000 Last Sold Price
2 beds
1 bath
—sq ft
1025 Belle Ave Unit A28, Mankato, MN 56001
List Price
$52,900
Sale to List
5% under list
Days on Market
170 days
1025 Belle Ave Unit A28, Mankato, MN 56001
SOLD FEB 28, 2025
$251,000 Last Sold Price
3 beds
1.5 baths
1,328 sq ft
418 W 11th St, Mankato, MN 56001
List Price
$239,900
Sale to List
5% over list
Days on Market
61 days
418 W 11th St, Mankato, MN 56001
SOLD FEB 28, 2025
$190,000 Last Sold Price
3 beds
2 baths
1,272 sq ft
333 Tanager Path, Mankato, MN 56001
List Price
$192,500
Sale to List
1% under list
Days on Market
214 days
333 Tanager Path, Mankato, MN 56001
SOLD FEB 26, 2025
$259,900 Last Sold Price
3 beds
2 baths
—sq ft
3037 Bluestem Trl, Mankato, MN 56001
List Price
$259,900
Sale to List
0% over list
Days on Market
43 days
3037 Bluestem Trl, Mankato, MN 56001
See all recently sold homes in Mankato.
See listings

Schools in Mankato

Learn about schools in the Mankato area

Elementary
Middle
High

GreatSchools Rating

8/10 Franklin Elementary School Public • PreK-5	411 Students	4 reviews
8/10 Kennedy Elementary School Public • PreK-5	390 Students	4 reviews
7/10 Roosevelt Elementary School Public • K-5	353 Students	N/A
7/10 Bridges Community Elementary School Public • K-5	221 Students	5 reviews
6/10 Hoover Elementary School Public • K-5	506 Students	2 reviews

Only showing 5 of 11 elementary schools.

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.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Minor

97% of properties are at minor risk of heat over the next 30 years

Provided by First Street Foundation

Transportation in Mankato

Learn about the walkability, bikeability, and transit-friendliness of Mankato

40 / 100

Car-Dependent

Walk Score®

51 / 100

Bikeable

Bike Score®

More real estate resources for Mankato

New Listings in Mankato

Nearby City Housing Markets

Zip Code Housing Markets

Neighborhood Housing Markets

Nearby City Listings

Zip Code Listings

Neighborhood Listings

Rentals

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Mankato, MN Housing Market

Mankato Housing Market Trends

How hot is the Mankato housing market?

Mankato Migration & Relocation Trends

View houses in Mankato that sold recently

Recently sold homes

Schools in Mankato

GreatSchools Rating

Climate's impact on Mankato housing

Flood Factor - Minor

Flood Factor

Fire Factor - Moderate

Fire Factor

Wind Factor - Minor

Wind Factor

Heat Factor - Minor

Heat Factor

Transportation in Mankato

Walk Score®

Bike Score®

More real estate resources for Mankato

New Listings in Mankato

Nearby City Housing Markets

Zip Code Housing Markets

Neighborhood Housing Markets

Nearby City Listings

Zip Code Listings

Neighborhood Listings

Rentals