The Unshakable Investor

Unshakable ZIP Data 56001 | Mankato, MN Housing Market

Mankato · Blue Earth County · Mankato, MN metro · Minnesota · Data updated June 19, 2026

The median sale price in ZIP 56001, Mankato, Minnesota is $284,915 at $164 per square foot. 117 single-family homes sold in the latest period, down 5.3 percent from a year earlier. Homes sit a median of 22 days on market with 3.4 months of supply. Sellers are getting 99.5 percent of list price and 31.6 percent of homes sold above asking.

Balanced market.

Value anchors

MetricValueYear over year
Average single-family value$307,337
Average price per sq ft$177
Median sale price$284,915
Median sale price per sq ft$164
Median home size1,740 sq ft
Median new listing price$327,153+9.1%
National size rank965

Sales activity

MetricValueYear over year
Homes sold117-5.3%
Median days on market22 days
Months of supply3.4 months
New listings183+8.8%
Active listings271+5.6%
Pending sales149-1.3%

Pricing power

MetricValueYear over year
Average sale-to-list ratio99.5%+1.0 pts
Share sold above list31.6%+7.4 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

1-bedroom
$216,598
2-bedroom
$280,250
3-bedroom
$290,353
4-bedroom
$353,404
5-bedroom
$418,555

These figures describe the single-family market for Mankato, Minnesota ZIP 56001. They are market context, not a substitute for sold comps or a formal appraisal.