Why Live in North Mankato
North Mankato, a town of 14,000 residents, is known for its natural beauty and accessibility, situated on a bluff with stunning river views and sunsets. The neighborhood features a mix of home styles, from modern New Traditionals in the northern subdivisions to early 1900s bungalows and ranch-style homes near downtown and the southern areas. The Mankato Public School District serves the area, with highly rated schools such as Franklin Elementary School, Bridges Community Elementary School, and Jefferson Elementary School. Local parks are a major highlight, including Spring Lake Park with its lake, walking paths, and winter activities, and the Kiwanis Recreation Area, which offers mountain bike trails and kayak access to the Minnesota River. Caswell Park features the inclusive Fallenstein Playground and the Caswell Softball Complex. North Mankato hosts community events like Music in the Park and Blues on Belgrade, and the North Mankato Farmers' Market runs from June to October. Dining options are available along Commerce Drive, with additional shopping across the bridge in Mankato. The area is well-connected via U.S. Route 14 and U.S. Route 169, with the Minneapolis–Saint Paul International Airport 78 miles away. Public transportation is provided by the Mankato Transit System. Crime rates in North Mankato are lower than both the Minnesota and national averages, contributing to a safer living environment.
Home Trends in North Mankato, MN
On average, homes in North Mankato, MN sell after 35 days on the market compared to the national average of 50 days. The median sale price for homes in North Mankato, MN over the last 12 months is $320,000, up 8% from the median home sale price over the previous 12 months.
Median Sale Price
$320,000
Median Single Family Sale Price
$338,450
Median Townhouse Sale Price
$299,900
Median 2 Bedroom Sale Price
$309,000
Average Price Per Sq Ft
$151
Number of Homes for Sale
46
Last 12 months Home Sales
254
Median List Price
$340,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
8%