Mankato, MN Housing Market
Market data powered by Zillow Research. Last updated: 2026-04-02
Mankato, MN is showing healthy, moderate growth.
- •Steady price growth of 5.0% year-over-year — a balanced market.
- •Price-to-rent ratio: 19.2 — buying and renting are roughly comparable.
Median Home Value
$297,918
ZHVI
Year-over-Year
+5%
Price change
5-Year Change
+33.8%
Since 2021
Median Rent
$1,296/mo
ZORI
Active Listings
203
For sale
State Avg
$341,308
Minnesota
Home Value Trends
5-year Zillow Home Value Index for Mankato, MN vs. state and national averages.
Rent Data
Median Rent
$1,296/mo
Rent YoY Change
+9.8%
Other Markets in Minnesota
Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.