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  • Mankato Market Report

    $351,386

    AVERAGE PRICE OF 118 HOMES

    $1,395,000

    AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES

    $381,220

    AVERAGE PRICE OF 27 NEWLY BUILT HOMES

    $498,750

    AVERAGE PRICE OF 1 HOMES WITH A POOL

    $185,140

    AVERAGE PRICE OF 5 REDUCED PRICE HOMES

    Average Home

    Average Price $351,386
    Avg Bedrooms 3.6 beds
    Avg Bathrooms 2.66 baths

    Average Price by Bedrooms

    1 bedroom $24,750
    2 bedrooms $244,198
    3 bedrooms $298,389
    4 bedrooms $344,393
    5 bedrooms $506,156
    Mankato Home Price Trends
      3/2020 2/2020 1/2020 12/2019 11/2019
    Total Listings 115 107 109 128 154
    Average Price $351,125 $323,314 $311,287 $306,673 $304,602
    Avg Price Change +8.60% +3.86% +1.50% +0.68% -0.47%
    Median Price $314,342 $301,922 $288,323 $277,323 $275,206
    Med Price Change +4.11% +4.72% +3.97% +0.77% +0.14%
    Avg Bedrooms 3.68 beds 3.61 beds 3.52 beds 3.49 beds 3.49 beds
    Avg Bathrooms 2.67 baths 2.55 baths 2.47 baths 2.42 baths 2.44 baths
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 118 $351,386 109 days
    Multi-Million Dollar Homes 1 $1,395,000 29 days
    Newly Built Homes 27 $381,220 196 days
    Homes with a Pool 1 $498,750 22 days
    Reduced Price Homes 5 $185,140 113 days