Data as of September 2026. Source: Realtor.com.
The MANKATO, MN real estate market (56001) currently shows 219 active listings, with 70 pending sales. Homes are averaging 62 days on the market before going under contract.
Inventory has increased compared to last year, with 65 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 62 days on market compared to 46 days last year.
The median listing price has fallen 6.5% year-over-year, from $364,900 to $341,150.
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 September 2026, there are 219 active listings in MANKATO, MN (zip code 56001), compared to 154 the prior year.
The median listing price in MANKATO, MN 56001 is $341,150 as of September 2026, a 6.5% decrease from $364,900 the prior year.
Homes in MANKATO, MN 56001 spend an average of 62 days on the market before going under contract, compared to 46 days the prior year.
Based on current inventory and days-on-market data as of September 2026, MANKATO, MN 56001 is currently a Buyer's Market. Inventory has increased compared to last year, with 65 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 62 days on market compared to 46 days last year.
With SELL123.com's maximum 3% commission, sellers in MANKATO, MN 56001 save an estimated $6,823 compared to a typical 5% commission on the median listing price of $341,150. 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.