56003 Home Values & Market Trends
There are 271 homes currently listed for 56003. 56003 real estate market trends show that home prices range from $53,900 to $4,500,000, and the median sales price in the 56003 zip code is $352,350. The total number of properties sold within the past twelve months is 233. In 56003, 2 properties are in foreclosure, 0 are bank owned properties,and 2 are headed for auction.
56003 Real Estate Market Overview
Housing Market Summary for 56003
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $395.5K | $369.9K | -6.47% |
| Median Sold Price | $312.1K | $274.7K | -11.98% |
| Homes For Sale | 179 | 269 | 50.28% |
| Homes Sold | 87 | 63 | -27.59% |
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 56003
Browse Homes in 56003
The median list price of a home in Mankato, is $352,350. A total of 271 properties are for sale, and the percentage of properties for sale in the zip code is 271.00%. The total count of 56003 properties is 337.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 56003 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 56003; 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 56003 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 56003. There are 2 cities within 56003; 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 56003. Auction homes and other auction properties account for 0.59% of all properties in 56003. There are 2 cities within 56003; 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 56003
Guide for 56003
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.