Data as of July 2026. Source: Realtor.com.
The MANKATO, MN real estate market (56001) currently shows 280 active listings, with 127 pending sales. Homes are averaging 53 days on the market before going under contract.
Inventory has increased compared to last year, with 117 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 53 days on market compared to 45 days last year.
The median listing price has fallen 2.5% year-over-year, from $352,475 to $343,675.
Whether you are buying or selling in MANKATO, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 50,524 · Density: 170.3/mi² · Median household income: $65,317
Typical home value: $248,312 · Homeownership: 54.0%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56001 | Mankato, MN 56001 | 0.0 mi | 107 | $42,479,535 | $319,900 | $397,005 |
| 56080 | Saint Clair, MN 56080 | 6.9 mi | 2 | $393,300 | $196,650 | $196,650 |
| 56037 | Good Thunder, MN 56037 | 8.6 mi | 4 | $1,379,868 | $406,900 | $344,967 |
| 56063 | Madison Lake, MN 56063 | 9.9 mi | 17 | $7,771,125 | $393,750 | $457,125 |
| 56055 | Lake Crystal, MN 56055 | 13.3 mi | 15 | $3,924,390 | $229,900 | $261,626 |
| 56065 | Mapleton, MN 56065 | 14.0 mi | 8 | $1,853,832 | $149,900 | $231,729 |
| 56028 | Elysian, MN 56028 | 14.7 mi | 4 | $2,978,768 | $777,175 | $744,692 |
| 56074 | Nicollet, MN 56074 | 17.3 mi | 5 | $1,839,875 | $381,950 | $367,975 |
| 56010 | Amboy, MN 56010 | 19.4 mi | 1 | $209,900 | $209,900 | $209,900 |
| 56068 | Minnesota Lake, MN 56068 | 20.5 mi | 3 | $737,100 | $245,700 | $245,700 |
| 56058 | Le Sueur, MN 56058 | 21.8 mi | 18 | $7,287,516 | $394,925 | $404,862 |
| 56062 | Madelia, MN 56062 | 22.5 mi | 5 | $1,374,500 | $309,900 | $274,900 |
| 56052 | Kilkenny, MN 56052 | 24.6 mi | 2 | $838,450 | $419,225 | $419,225 |
As of July 2026, there are 280 active listings in MANKATO, MN (zip code 56001), compared to 163 the prior year.
The median listing price in MANKATO, MN 56001 is $343,675 as of July 2026, a 2.5% decrease from $352,475 the prior year.
Homes in MANKATO, MN 56001 spend an average of 53 days on the market before going under contract, compared to 45 days the prior year.
Based on current inventory and days-on-market data as of July 2026, MANKATO, MN 56001 is currently a Buyer's Market. Inventory has increased compared to last year, with 117 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 53 days on market compared to 45 days last year.
With SELL123.com's maximum 3% commission, sellers in MANKATO, MN 56001 save an estimated $6,874 compared to a typical 5% commission on the median listing price of $343,675. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.