56001 Home Values & Market Trends
There are 634 homes currently listed for 56001. 56001 real estate market trends show that home prices range from $39,995 to $2,510,000, and the median sales price in the 56001 zip code is $320,492. The total number of properties sold within the past twelve months is 546. In 56001, 10 properties are in foreclosure, 0 are bank owned properties,and 10 are headed for auction.
56001 Real Estate Market Overview
Housing Market Summary for 56001
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $319.9K | $329K | 2.84% |
| Median Sold Price | $308.4K | $243.4K | -21.08% |
| Homes For Sale | 446 | 628 | 40.81% |
| Homes Sold | 146 | 186 | 27.40% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 56001
Browse Homes in 56001
The median list price of a home in Mankato, is $320,492. A total of 634 properties are for sale, and the percentage of properties for sale in the zip code is 634.00%. The total count of 56001 properties is 846.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 56001 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 2 cities within 56001; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 56001 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 56001. There are 2 cities within 56001; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsmankato has 10 auction properties, the highest number of properties going to auction in a single city in the state of 56001. Auction homes and other auction properties account for 1.18% of all properties in 56001. There are 2 cities within 56001; of those cities, the median estimated home value for homes going to auction ranges from $375,000 in mankato to the lowest value of $86,556 in mankato.
Compare Nearby Zip Codes
More Real Estate Resources for 56001
Guide for 56001
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.