
North Mankato, MN Housing Market
$313,736
3.2% 1-yrThe average North Mankato, MN home value is $313,736, up 3.2% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
North Mankato Key Takeaways
Typical Home Values: $313,736
1-Year Value Change: +3.2%
(Data through August 31, 2026)
North Mankato Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in North Mankato
- NameMedian ZHVI
- Searles--
- Essig--
- Old Town$359,640
- Redwood$360,174
- Galaxie Commons$278,579
- Downtown$369,321
- Alimagnet$430,500
- Industrial District$527,003
- Johnny Cake$377,181
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
North Mankato Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in North Mankato, MN?
The median home value in North Mankato, MN is $313,736 as of August 2026. This represents a 0.2% decrease compared to last month and a 3.2% increase year-over-year.
How have home values changed in North Mankato, MN?
Home values in North Mankato, MN have decreased by 0.2% month-over-month and 3.2% year-over-year.
How do home values in North Mankato, MN compare to Nicollet County, Minnesota, and the national average?
The median home value in North Mankato, MN ($313,736) compares to: Nicollet County ($315,897), Minnesota ($350,752), and the U.S. national median ($368,697).

