The median home value in Mankato, MN is $297,500. This is higher than the county median home value of $198,700. The national median home value is $219,700. The average price of homes sold in Mankato, MN is $297,500. Approximately 46.92% of Mankato homes are owned, compared to 46.01% rented, while 7.07% are vacant. Mankato real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Mankato real estate agent to arrange a tour today!
Mankato, Minnesota has a population of 41,241. Mankato is more family-centric than the surrounding county with 31.95% of the households containing married families with children. The county average for households married with children is 30.95%.
The median household income in Mankato, Minnesota is $45,035. The median household income for the surrounding county is $53,752 compared to the national median of $57,652. The median age of people living in Mankato is 25.5 years.
The average high temperature in July is 82.8 degrees, with an average low temperature in January of 4.7 degrees. The average rainfall is approximately 32.2 inches per year, with 38.6 inches of snow per year.