Active Listings
47
⇧ 9.3% vs 43 last year
Data as of March 2026. Source: Realtor.com.
The MANKATO, MN real estate market (56003) currently shows 47 active listings, with 23 pending sales. Homes are averaging 27 days on the market before going under contract.
Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.
Homes are selling faster, averaging 27 days on market compared to 100 days last year.
The median listing price has fallen 16.1% year-over-year, from $457,400 to $383,613.
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 March 2026, there are 47 active listings in MANKATO, MN (zip code 56003), compared to 43 the prior year.
The median listing price in MANKATO, MN 56003 is $383,613 as of March 2026, a 16.1% decrease from $457,400 the prior year.
Homes in MANKATO, MN 56003 spend an average of 27 days on the market before going under contract, compared to 100 days the prior year.
Based on current inventory and days-on-market data as of March 2026, MANKATO, MN 56003 is currently a Balanced Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are selling faster, averaging 27 days on market compared to 100 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 $383,613. 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.