Data as of March 2026. Source: Realtor.com.
The MANKATO, MN real estate market (56001) currently shows 124 active listings, with 44 pending sales. Homes are averaging 65 days on the market before going under contract.
Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice.
Homes are selling faster, averaging 65 days on market compared to 70 days last year.
The median listing price has fallen 10.4% year-over-year, from $358,250 to $320,900.
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 March 2026, there are 124 active listings in MANKATO, MN (zip code 56001), compared to 108 the prior year.
The median listing price in MANKATO, MN 56001 is $320,900 as of March 2026, a 10.4% decrease from $358,250 the prior year.
Homes in MANKATO, MN 56001 spend an average of 65 days on the market before going under contract, compared to 70 days the prior year.
Based on current inventory and days-on-market data as of March 2026, MANKATO, MN 56001 is currently a Balanced Market. Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice. Homes are selling faster, averaging 65 days on market compared to 70 days last year.
With SELL123.com's maximum 3% commission, sellers in MANKATO, MN 56001 save an estimated $6,418 compared to a typical 5% commission on the median listing price of $320,900. 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.