Data as of April 2026. Source: Realtor.com.
The MANKATO, MN real estate market (56003) currently shows 56 active listings, with 29 pending sales. Homes are averaging 30 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are selling faster, averaging 30 days on market compared to 37 days last year.
The median listing price has fallen 16.7% year-over-year, from $460,450 to $383,575.
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: 15,360 · Density: 134.8/mi² · Median household income: $77,290
Typical home value: $241,513 · Homeownership: 76.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56003 | Mankato, MN 56003 | 0.0 mi | 31 | $12,272,714 | $344,925 | $395,894 |
| 56001 | Mankato, MN 56001 | 7.8 mi | 107 | $42,479,535 | $319,900 | $397,005 |
| 56055 | Lake Crystal, MN 56055 | 9.8 mi | 15 | $3,924,390 | $229,900 | $261,626 |
| 56024 | Eagle Lake, MN 56024 | 12.9 mi | 8 | $3,311,304 | $374,900 | $413,913 |
| 56037 | Good Thunder, MN 56037 | 13.7 mi | 4 | $1,379,868 | $406,900 | $344,967 |
| 56017 | Cleveland, MN 56017 | 14.8 mi | 8 | $4,661,232 | $609,900 | $582,654 |
| 56028 | Elysian, MN 56028 | 18.7 mi | 4 | $2,978,768 | $777,175 | $744,692 |
| 56062 | Madelia, MN 56062 | 19.8 mi | 5 | $1,374,500 | $309,900 | $274,900 |
| 56048 | Janesville, MN 56048 | 20.2 mi | 7 | $2,631,356 | $321,975 | $375,908 |
| 56065 | Mapleton, MN 56065 | 21.1 mi | 8 | $1,853,832 | $149,900 | $231,729 |
| 56057 | Le Center, MN 56057 | 22.1 mi | 5 | $1,907,875 | $327,450 | $381,575 |
| 55334 | Gaylord, MN 55334 | 23.1 mi | 6 | $1,392,000 | $232,000 | $232,000 |
| 56044 | Henderson, MN 56044 | 25.3 mi | 2 | $888,000 | $444,000 | $444,000 |
As of April 2026, there are 56 active listings in MANKATO, MN (zip code 56003), compared to 56 the prior year.
The median listing price in MANKATO, MN 56003 is $383,575 as of April 2026, a 16.7% decrease from $460,450 the prior year.
Homes in MANKATO, MN 56003 spend an average of 30 days on the market before going under contract, compared to 37 days the prior year.
Based on current inventory and days-on-market data as of April 2026, MANKATO, MN 56003 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 30 days on market compared to 37 days last year.
With SELL123.com's maximum 3% commission, sellers in MANKATO, MN 56003 save an estimated $7,672 compared to a typical 5% commission on the median listing price of $383,575. 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.