Active Listings
27
⇩ 34.1% vs 41 last year
Population: 15,360 · Density: 134.8/mi² · Median household income: $77,290
Typical home value: $241,513 · Homeownership: 76.5%
Data as of January 2026. Source: Realtor.com.
The MANKATO, MN real estate market (56003) currently shows 27 active listings, with 11 pending sales. Homes are averaging 90 days on the market before going under contract.
Inventory has tightened compared to last year, with 14 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 90 days on market compared to 91 days last year.
The median listing price has fallen 9.8% year-over-year, from $398,900 to $359,900.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56003 | Mankato, MN 56003 | 0.0 mi | 27 | $11,610,000 | $359,900 | $430,000 |
| 56001 | Mankato, MN 56001 | 7.8 mi | 108 | $42,899,976 | $319,900 | $397,222 |
| 56055 | Lake Crystal, MN 56055 | 9.8 mi | 17 | $4,326,194 | $219,900 | $254,482 |
| 56021 | Courtland, MN 56021 | 12.2 mi | 1 | $339,900 | $339,900 | $339,900 |
| 56063 | Madison Lake, MN 56063 | 13.4 mi | 16 | $7,140,656 | $286,950 | $446,291 |
| 56080 | Saint Clair, MN 56080 | 14.6 mi | 2 | $454,800 | $227,400 | $227,400 |
| 56058 | Le Sueur, MN 56058 | 18.2 mi | 16 | $6,688,800 | $400,000 | $418,050 |
| 56090 | Vernon Center, MN 56090 | 19.0 mi | 3 | $675,000 | $225,000 | $225,000 |
| 56073 | New Ulm, MN 56073 | 19.9 mi | 33 | $10,718,895 | $299,900 | $324,815 |
| 56054 | Lafayette, MN 56054 | 20.7 mi | 4 | $872,000 | $220,000 | $218,000 |
| 56078 | Pemberton, MN 56078 | 21.5 mi | 1 | $190,000 | $190,000 | $190,000 |
| 56010 | Amboy, MN 56010 | 22.7 mi | 1 | $209,900 | $209,900 | $209,900 |
| 56096 | Waterville, MN 56096 | 24.2 mi | 13 | $4,285,099 | $267,450 | $329,623 |
As of January 2026, there are 27 active listings in MANKATO, MN (zip code 56003), compared to 41 the prior year.
The median listing price in MANKATO, MN 56003 is $359,900 as of January 2026, a 9.8% decrease from $398,900 the prior year.
Homes in MANKATO, MN 56003 spend an average of 90 days on the market before going under contract, compared to 91 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MANKATO, MN 56003 is currently a Seller's Market. Inventory has tightened compared to last year, with 14 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 90 days on market compared to 91 days last year.
With SELL123.com's maximum 3% commission, sellers in MANKATO, MN 56003 save an estimated $7,198 compared to a typical 5% commission on the median listing price of $359,900. 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.