Mankato, MN Home Values & Market Trends
Real estate market trends reflect that there have been 489 transactions over the past year in Mankato. The median value for residential home transactions that occurred over the previous year is $287,155.67. The number of current listings in Mankato is 59, and the percentage of properties for sale in the city is 59.00%. Mankato, MN currently has 11 properties in foreclosure, 0 bank owned properties, 11 properties headed for auction, and 59 properties for sale.
Mankato, MN Real Estate Market Overview
Housing Market Summary for Mankato, MN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $349.9K | $279.7K | -20.06% |
| Median Sold Price | $277.7K | $279.7K | 0.71% |
| Homes For Sale | 49 | 38 | -22.45% |
| Homes Sold | 159 | 239 | 50.31% |
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 Mankato, MN
Browse Homes in Mankato, MN
Mankato home values range from $22,490 to $2,376,243. The median estimated value of a home in Mankato is $287,155.67. The median list price of a home is 359,900, and the total count of properties in the city is 12,906.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Mankato, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 4 zips within Mankato, MN; of those zips, 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 Mankato, MN 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 Mankato, MN. There are 4 zips within Mankato, MN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions56001 has 11 auction properties, the highest number of properties going to auction in a single zip in the state of Mankato, MN. Auction homes and other auction properties account for 0.09% of all properties in Mankato, MN. There are 4 zips within Mankato, MN; of those zips, the median estimated home value for homes going to auction ranges from $424,750 in 56003 to the lowest value of $154,250 in 56003.
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More Real Estate Resources for Mankato, MN
Guide for Mankato, MN
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