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Mankato, MN housing market

Housing market indicators

Indicator 2022202320242025* Change202220232024YTD
Median Listing Price per Square Feet $157 $146 $153 $151 18% -7% 4.8% -1.3%
Active Listing Count 123 154 182 237 8.8% 25.2% 18.2% 30.2%
Median Days on Market 77 65 69 43 16.7% -15.6% 6.2% -37.7%
Share of listings with price increase 0.1% 0.1% 0.2% 0%
Share of listings with price decrease 11.9% 12.2% 14.3% 14.5%

* last available value

Home prices

Short term housing supply drivers

Long term housing demand drivers

Long term housing supply drivers




Note: 12M MA - 12 months moving average, Permits - New Private Housing Structures Authorized by Building Permits. Source: FRED


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