Active Listings
31
⇩ 20.5% vs 39 last year
Data as of February 2026. Source: Realtor.com.
The MANKATO, MN real estate market (56003) currently shows 31 active listings, with 14 pending sales. Homes are averaging 70 days on the market before going under contract.
Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 70 days on market compared to 86 days last year.
The median listing price has fallen 18.2% year-over-year, from $421,900 to $344,925.
Whether you are buying or selling in MANKATO, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 15,360 · Density: 134.8/mi² · Median household income: $77,290
Typical home value: $241,513 · Homeownership: 76.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56003 | Mankato, MN 56003 | 0.0 mi | 27 | $11,610,000 | $359,900 | $430,000 |
| 56001 | Mankato, MN 56001 | 7.8 mi | 108 | $42,899,976 | $319,900 | $397,222 |
| 56055 | Lake Crystal, MN 56055 | 9.8 mi | 17 | $4,326,194 | $219,900 | $254,482 |
| 56021 | Courtland, MN 56021 | 12.2 mi | 1 | $339,900 | $339,900 | $339,900 |
| 56063 | Madison Lake, MN 56063 | 13.4 mi | 16 | $7,140,656 | $286,950 | $446,291 |
| 56080 | Saint Clair, MN 56080 | 14.6 mi | 2 | $454,800 | $227,400 | $227,400 |
| 56058 | Le Sueur, MN 56058 | 18.2 mi | 16 | $6,688,800 | $400,000 | $418,050 |
| 56090 | Vernon Center, MN 56090 | 19.0 mi | 3 | $675,000 | $225,000 | $225,000 |
| 56073 | New Ulm, MN 56073 | 19.9 mi | 33 | $10,718,895 | $299,900 | $324,815 |
| 56054 | Lafayette, MN 56054 | 20.7 mi | 4 | $872,000 | $220,000 | $218,000 |
| 56078 | Pemberton, MN 56078 | 21.5 mi | 1 | $190,000 | $190,000 | $190,000 |
| 56010 | Amboy, MN 56010 | 22.7 mi | 1 | $209,900 | $209,900 | $209,900 |
| 56096 | Waterville, MN 56096 | 24.2 mi | 13 | $4,285,099 | $267,450 | $329,623 |
As of February 2026, there are 31 active listings in MANKATO, MN (zip code 56003), compared to 39 the prior year.
The median listing price in MANKATO, MN 56003 is $344,925 as of February 2026, a 18.2% decrease from $421,900 the prior year.
Homes in MANKATO, MN 56003 spend an average of 70 days on the market before going under contract, compared to 86 days the prior year.
Based on current inventory and days-on-market data as of February 2026, MANKATO, MN 56003 is currently a Seller's Market. Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 70 days on market compared to 86 days last year.
With SELL123.com's maximum 3% commission, sellers in MANKATO, MN 56003 save an estimated $6,899 compared to a typical 5% commission on the median listing price of $344,925. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.