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Cheap Homes for Sale in Mankato, MN

56 Homes for Sale

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HotHot
No HOANo HOA

$199,900

Views: 18

Bedrooms: 2Bds

Bathrooms: 1Ba

Area: 1,473sqft

Single family home for sale

401 Belle Ave, Mankato, MN 56001

MLS ID #7147731, Keller Williams Preferred Rlty

HotHot
No HOANo HOA

$149,900

Views: 17

Bedrooms: 4Bds

Bathrooms: 3Ba

Area: 1,935sqft

Single family home for sale

413 Glenwood Ave, Mankato, MN 56001

MLS ID #7095807, Weichert, Realtors- Heartland

No HOANo HOA

$214,900

Views: 11

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,901sqft

Single family home for sale

128 Rose St, Mankato, MN 56001

MLS ID #7107143, Keller Williams Premier Realty

Showing 43 - 56 of 56 homes for sale in Mankato, MN

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Mankato, MN Housing Market Overview

Mankato is a balanced market, giving buyers and sellers room to negotiate. With 5.2 months of supply and homes averaging 64 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

64

Inventory

92

Oct 2021Jul 2024Oct 2026

Median Home Price

$333,800Up 13.25%

In Oct 2026 · YoY

Oct 2021Jul 2024Oct 2026

Mortgage Rates 30-Yr Fixed

7.18%Down 0.06%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
92 Up 9100.00%
Newly Listed Homes
111 Up 26.14%
Months of Supply
5.2 Down 0.00%

Housing Demand

Homes Sold
53 Down 14.52%
Sale-to-List Ratio
99.2% Up 0.08%
Homes Sold Above List
32.1% Up 16.99%

30-yr fixed rate 7.18% · Data as of Oct 2026 · Source: Houzeo Research.

View Full Mankato Market Report
  • mls-img
    Based on information submitted to the MLS GRID from the REGIONAL MULTIPLE LISTING SERVICE OF MINNESOTA, INC through Nov 7, 2026, 8:30 AM. IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    Information deemed reliable but not guaranteed. The property data presented reflects information otherwise available from public records. The real estate broker participating in MLS and providing this information may not have represented the buyer or seller in some or all of the transactions. Listings courtesy of Northstar MLS as distributed by MLS GRID. © 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
    Advertising Broker: Moe Mossa (Savvy Avenue) (612) 490-1268 | Savvy Avenue, LLC
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Homes Available icon

56

Homes Available

Median List Price icon

$ 333,800

Median List Price

Avg on Market icon

64 Days

Avg on Market