Metropolitan market · Minnesota · June 2026 data

Mankato Real Estate Market

The Mankato, MN housing market as of June 2026 — real median listing price, market pace, inventory and supply, from public records and industry data. Prepare a client-ready Mankato report in a click.

Median listing price
$386,699
▲ 5.0% YoY
Median $ / sq ft
$167
2,404 sq ft median
Median days on market
44
June 2026
Active listings
233
For sale now
New listings
122
June 2026
Listings with price cuts
16%
Share of active
Median listing price trend
$387K$370K$353K$337K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Mankato MN · trailing 8 quarters · source: public records and industry data.

The 10-year view
$387K$345K$303K$262K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Mankato MN · June of each year, 2017–2026 · source: public records and industry data.

Supply snapshot
Active listings
233
New this month
122
Pending
151
Price-reduced
37

As of June 2026, the median home listed in Mankato, MN asks $386,699 — up 5.0% from a year ago. Homes are taking a median of 44 days to go under contract, and 16% of the 233 active listings have taken a price cut, which points to a seller-leaning market. Figures cover the Mankato, MN metro area. Based on public records and industry data, updated monthly.

Investment snapshot
Investor Score
60/100
#255 of 932 covered metros
12-month outlook
+2.4%
▲ Rising · model output, not advice
Price volatility
Low
σ 4.3% · 20-yr price-index swings
Momentum
61
Value
61
Rental yield
41
Supply risk
35
Market heat
75

Mankato scores 60/100 on our composite Investor Score (#255 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 40% over five years and +74% over ten, leaving prices 39% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,171/mo for a two-bedroom, the gross rental yield on the median listing is about 3.6%; active inventory sits at 70% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are up 5.0% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Mankato ranks on the trending markets index.

What mortgage rates do to the payment
If rates fall 1% · 5.43%
$1,743/mo
−$198/mo vs today
At today's rate · 6.43%
$1,941/mo
National weekly average
If rates rise 1% · 7.43%
$2,148/mo
+$207/mo vs today

Principal & interest on the $386,699 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

Growth, supply pipeline & risk
Building permits (2025)
361
▼ 4.5% vs 2024
3.5 per 1,000 residents
Net migration (2022–2023)
-602
▼ people, via tax-return records
net income flow −$27.7M/yr
Job growth (YoY)
+0.2%
▲ 58.8k nonfarm jobs · May 2026
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Mankato market FAQs

What is the median home price in Mankato?
As of June 2026, the median listing price in Mankato, MN is $386,699, up 5.0% year over year (source: public records and industry data). Figures cover the Mankato, MN metro area.
How fast are homes selling in Mankato?
The median property in Mankato spends 44 days on the market, with 233 homes actively listed and 16% of them carrying a price cut — a seller-leaning market by pace.
Who are the top real estate agents in Mankato?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Mankato and the wider Minnesota market.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Mankato, MN metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.