56001 Real Estate Market

56001 Market

The median sale price for homes in 56001 over the last 12 months is $144,550.


The median mortgage debt is $82,189.

Additional Statistics for Single Family Homes and Condos in Mankato, MN
$149,900
Median Listing Price
69
Median Days on Market
540
Active Listings
5.9%
Distressed Listings
(foreclosures and short sales)
56001 (Mankato, MN) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Mankato is $149,900.

The price per square foot for listings in this area is $92.

The median sale price in November for single family homes is $145,000. The sale prices increased by 5.45% from the previous month.

The price per square foot for sales in this area is $92.

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56001 (Mankato, MN) Market Inventory Trends

The number of active listings in Mankato increased by 4.2% from the previous month.

The median number of days active properties have been listed is 69. This is significantly shorter than the national average.

The number of sales in November dropped by 32.6% from the previous month.

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56001 (Mankato, MN) Property Ownership

The percent of rental properties in Mankato is 15.77% above the national average which is typical for urban areas.

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