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Mankato Market Report

$406,494

AVERAGE PRICE OF 47 HOMES

$1,225,000

AVERAGE PRICE OF 2 MULTI-MILLION DOLLAR HOMES

$448,131

AVERAGE PRICE OF 16 NEWLY BUILT HOMES

$999,950

AVERAGE PRICE OF 2 HOMES WITH A POOL

$576,600

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $406,494
Avg Bedrooms 3.47 beds
Avg Bathrooms 2.7 baths

Average Price by Bedrooms

2 bedrooms $362,660
3 bedrooms $316,859
4 bedrooms $421,578
5 bedrooms $700,633
Mankato Home Price Trends
  3/2021 2/2021 1/2021 12/2020 11/2020
Total Listings 46 n/a 55 73 83
Average Price $359,505 n/a $365,916 $337,573 $343,393
Avg Price Change n/a n/a +8.40% -1.72% -0.70%
Median Price $298,410 n/a $302,934 $284,293 $290,308
Med Price Change n/a n/a +6.56% -2.12% -0.91%
Avg Bedrooms 3.44 beds n/a 3.52 beds 3.63 beds 3.68 beds
Avg Bathrooms 2.56 baths n/a 2.66 baths 2.57 baths 2.64 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 47 $406,494 77 days
Multi-Million Dollar Homes 2 $1,225,000 213 days
Newly Built Homes 16 $448,131 126 days
Homes with a Pool 2 $999,950 9 days
Reduced Price Homes 3 $576,600 261 days