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 HOMESAverage 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 |
