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Mankato Market Report

$374,991

AVERAGE PRICE OF 104 HOMES

$1,280,000

AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES

$371,638

AVERAGE PRICE OF 18 NEWLY BUILT HOMES

$838,412

AVERAGE PRICE OF 4 HOMES WITH A POOL

$305,642

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $374,991
Avg Bedrooms 3.78 beds
Avg Bathrooms 2.71 baths

Average Price by Bedrooms

2 bedrooms $272,154
3 bedrooms $234,762
4 bedrooms $364,612
5 bedrooms $613,469
Mankato Home Price Trends
  7/2020 6/2020 5/2020 4/2020 3/2020
Total Listings 94 115 130 119 115
Average Price $395,110 $385,510 $360,569 $353,427 $351,125
Avg Price Change +2.49% +6.92% +2.02% +0.66% +8.60%
Median Price $325,909 $327,642 $315,564 $313,006 $314,342
Med Price Change -0.53% +3.83% +0.82% -0.43% +4.11%
Avg Bedrooms 3.8 beds 3.75 beds 3.67 beds 3.59 beds 3.68 beds
Avg Bathrooms 2.81 baths 2.75 baths 2.68 baths 2.65 baths 2.67 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 104 $374,991 90 days
Multi-Million Dollar Homes 4 $1,280,000 57 days
Newly Built Homes 18 $371,638 191 days
Homes with a Pool 4 $838,412 55 days
Reduced Price Homes 7 $305,642 62 days