MN area data
Mankato, MN
Aggregated across 2 ZIP codes in Mankato.
Population: 66,843 (Census ACS)
The median home value in Mankato, MN is $312,694 — up 2.5% over the past year. Homes sell for a median $330,500 after a median 30 days on market. Typical rent runs $1,149/month. 28 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with coldwave, strongwind, winterweather the top-rated hazards. Cost of living is 11.4% below the US average (BEA, metro/state-level).
$312,694
Median home value
+2.5%
1-year change
30
Median days on market
Relatively Low
Hazard risk (county)
Home values & appreciation
- Median home value
- $312,694
- 1-year appreciation
- +2.5%
- 3-year appreciation
- +10.2%
- 5-year appreciation
- +24.8%
- 10-year appreciation
- +69.5%
- All-time peak (2026-04)
- $314,354
- House Price Index (state)
- 442.4 (+2.4% YoY)
Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)
Market activity
- Median sale price
- $330,500
- Median list price
- $323,225
- Median price per sqft
- $161
- 1-year sale-price change
- +3.8%
- Median days on market
- 30 days
- Homes sold (recent period)
- 107
- For-sale inventory
- 238
- Sale-to-list ratio
- 98.0%
- Active listings
- 108
- 1-year forecast
- +2.8%
- Days to pending
- 39 days
- New listings (monthly)
- 81
Source: recent area sales and market data (ZIP-level)
Rents
- Typical rent
- $1,149/mo
- 1-year rent change
- +5.3%
- Studio fair-market rent
- $1,016/mo
- 1BR fair-market rent
- $1,023/mo
- 2BR fair-market rent
- $1,230/mo
- 3BR fair-market rent
- $1,703/mo
- 4BR fair-market rent
- $1,744/mo
Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)
Affordability
- Cost of living index (Low)
- 88.6 (100 = US avg)
- Electricity rate (state-level)
- 15.8¢/kWh
- Natural gas rate (state-level)
- $11.00/MCF
- 30-year mortgage rate (national)
- 7.40%
- 15-year mortgage rate (national)
- 6.73%
Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)
Schools
- Total schools
- 28
- Elementary schools
- 9
- Middle schools
- 3
- High schools
- 10
- Charter schools
- 1
- Avg student-teacher ratio
- 14.6 : 1
- School districts serving the area
- Kato Public Charter School, MANKATO PUBLIC SCHOOL DISTRICT, Socrates
- Schools include
- Kato Public Charter School, Central High Area Learning Center, LIFE LINES ADULT CONNECTION, FRANKLIN ELEMENTARY, JEFFERSON ELEMENTARY
Source: NCES school directory, 2022-23 (school-address-based)
Natural hazards & flood risk
- Overall hazard risk (county)
- Relatively Low
- Top hazards (county)
- coldWave, strongWind, winterWeather, drought, hail
- Notable hazard ratings (county)
- hail: Relatively Moderate · drought: Relatively Moderate · tornado: Relatively Moderate · coldWave: Relatively High · heatWave: Relatively Low · iceStorm: Relatively Low
- Wildfire risk to homes (county)
- Higher than 21% of US counties
- Buildings in wildfire direct-exposure zone
- 31.8%
- Radon potential (county)
- High radon potential — EPA Zone 1 of 3
- EPA Superfund (NPL) sites within 5 mi
- None
- Nearest Superfund site
- Lehillier/Mankato Site (5.2 mi)
Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL
Climate (30-year normals)
- Average annual temperature
- 46.5°F
- Average high
- 56.5°F
- Average low
- 36.5°F
- Annual precipitation
- 33.4 in
- Annual snowfall
- 46.8 in
- USDA plant hardiness zone
- 5a (extreme annual low -20 to -15°F)
Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)
Air quality
- Air quality rating
- Good
- Median AQI (annual)
- 42
- Days with Good air quality
- 233
- Days with Moderate air quality
- 110
- Days with Unhealthy air quality
- 5
- Highest AQI recorded (year)
- 180
Source: EPA air quality data (nearest monitoring station, annual)
Amenities
- Airports within 30 mi
- 30
- Nearest airport
- Michels Farms Airport (2 mi)
- Hospitals nearby (~15 mi)
- 13
- Hospitals include
- MAYO CLINIC HEALTH SYSTEM - ALBERT LEA AND AUSTIN, MAYO CLINIC HEALTH SYSTEM - MANKATO, MAYO CLINIC HEALTH SYSTEM - FAIRMONT
- Avg hospital rating (CMS)
- 4.3 / 5
- Best hospital rating nearby (CMS)
- 5.0 / 5
- EV charging stations (within 10 mi)
- 24
- Solar radiation rating
- Fair (3.9 kWh/m²/day)
Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)
Migration
- Net migration (county)
- -417 tax filers
Source: IRS county-to-county migration data (county-level, ~12-month lag)
Housing stock
- Median year housing built
- 1,981
- Housing built before 1970
- 36.0%
- Housing built 2000 or later
- 30.5%
- Median annual property tax
- $2,949
- Mean commute to work
- 13 min
- Households with broadband internet
- 76.4%
Source: Census ACS 5-year estimates (ZIP-level)
Employment & development
- Total county employment
- 36,497
- Average weekly wage
- $1,111
- Top industries (by employment)
- Health Care, Accommodation & Food, Construction
- Annual residential building permits (county)
- 274
Sources: BLS QCEW (county-level) · Census Building Permits (county-level)
How it compares
| Mankato | State median | US median | |
|---|---|---|---|
| Median home value | $312,694 | $300,176 | $288,527 |
| Median sale price | $330,500 | $315,500 | $325,000 |
| Median days on market | 30 days | 39 days | 51 days |
| Typical rent | $1,149/mo | $1,670/mo | $1,809/mo |
| Median annual property tax | $2,949 | $2,128 | $2,006 |
State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.
Area data compiled from public government, academic, and industry research feeds. Data sources →
Common questions
- What is the median home value in Mankato, MN?
- $312,694.
- What is the median sale price in Mankato, MN?
- $330,500.
- How long do homes take to sell in Mankato, MN?
- Median days on market: 30 days.
- What is typical rent in Mankato, MN?
- Typical rent: $1,149/month.
- What is the natural-hazard risk in Mankato, MN?
- Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: coldWave, strongWind, winterWeather, drought, hail.
- What is the wildfire risk in Mankato, MN?
- Risk to homes is higher than 21% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
- What is the radon potential in Mankato, MN?
- High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
- Are there Superfund sites near Mankato, MN?
- No current or proposed National Priorities List sites within 5 miles (EPA).
- How many schools serve Mankato, MN?
- 28 schools (9 elementary, 3 middle, 10 high) (NCES, 2022-23).
- What is the air quality in Mankato, MN?
- Good. Median AQI: 42. (EPA AQI).
- What is the cost of living in Mankato, MN?
- Regional Price Parity: 88.6 (100 = US average) (Low) (BEA RPP, metro/state-level).
ZIP codes in Mankato
Listing a home in Mankato, MN?
REAIGENT7 gives every listing its own AI assistant grounded in this same public data — it answers buyer and renter questions about the home and the area, around the clock, and sends every lead to the listing agent. Agents: it installs on your listing page, your website, or WordPress.
Data last updated
Most recent source refresh: Oct 2026. See all data sources →