Alexander Park
Neighborhood in Mankato, Minnesota
Blue Earth County 56001
Carefully maintained properties near Main Street
The residential part of Alexander Park is concentrated south of the Bethany Lutheran College and Mayo Clinic Health System campuses. Most homes exceed 2,000 square feet and sit on quarter-acre lots with diligently landscaped properties. Some homes date back to the 1880s, while others are from the mid-20th century. For the most part, prices range from $230,000 to $370,000, but there are a few exceptions. Architecture is dominantly ranch-style, with a few colonial and Cape Cod homes sprinkled in. Bethany has student residence halls throughout its campus, but the homes surrounding the college are primarily owner-occupied.
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Tennis matches at Alexander Park and hiking near Mount Kato
Alexander Park borders Main Street, bringing a basketball court, playground and tennis court right to the neighborhood. “Mankato is right by the river, which is pretty, and we’re super close to a bunch of lakes. We have a lot of trails that are nice, too. I like the Red Jacket Trail,” VanEman says. The Red Jacket Trail is one of several options with waterside views near Mount Kato, a popular skiing spot about 9 miles from the neighborhood. Areas like Eagle Lake Park are about 10 miles away, but other options like Spring Lake Park are about 3 miles away. In the winter, it’s common to see ice rinks at local parks, including Alexander Park, Thomas Park and Dotson Park, all of which are east of the Minnesota River.
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From a top-rated district in Blue Earth County to Bethany Lutheran College
Students can attend schools in the Mankato Area district that receive a B-plus from Niche, including Washington Elementary, Prairie Winds Middle and Mankato East High. Mankato East High has a 93% graduation rate and offers after-school programs like Planetarium Production Club, Link Crew Leaders and Vex Robotics. Overall, the district ranks as the best in Blue Earth County on Niche. For postsecondary options, Bethany Lutheran College serves about 670 students each year, more than 20% of whom study business. Minnesota State University’s Mankato campus is also only 2 miles away.
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Catching a show at Vetter Stone or the Civic Center
Mankato’s population hovers around 45,000, but that doesn’t stop events from coming to the area. Alexander Park keeps most of the top attractions within 2 miles. “There is Vetter Stone, where they do Ribfest, but then if you need an indoor concert, there’s the Civic Center,” says Amber Bruender of True Real Estate, a Realtor with several sales in the area. Vetter Stone Amphitheater, which is against the Minnesota River, is about 2 miles away, as is the Mankato Civic Center Grand Hall on Riverfront Drive. For plays and musicals, Mankato Playhouse is only a mile away, just off Entertainment Alley.
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Sidewalks to Mayo Clinic and highways to Minneapolis
Sidewalks run throughout Mankato, but they are mainly used for walking around the community and to nearby employers like the Mayo Clinic Health System rather than for exploring the city's amenities. The Mankato Transit System’s 13 bus stops at Bethany Lutheran College and runs during standard work hours Monday through Friday, so students primarily use it. Kato Go Play is a public transit option offered throughout Mankato that allows residents to get picked up at their front door and taken to popular destinations like Blue Earth County Library or Wow! Zone — Mankato’s well-loved entertainment center. Main Street provides the most direct route to the shops and restaurants by the river. Mulberry Street and Riverfront Drive connects to Highway 169.
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Brunch at Nolabelle and burgers at Ummie’s
Alexander Park is only a mile from Mankato’s top restaurants along Riverfront Drive, but most people prefer to drive down Main Street to reach upscale brunch spots like Nolabelle Kitchen + Bar, American restaurants with a sports bar vibe like Ummie’s, or local chains like Giliberto’s Mexican Taco Shop. For grocery needs, the Aldi 2 miles away on Madison Avenue remains the closest option, but there is also a Target with a grocery department in River Hills Mall. The mall is a 3-mile ride down Madison Avenue and includes national retailers like Barnes & Noble and JCPenney.
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Minimal flood risk despite proximity to the River
Mankato has faced flooding issues in the past but added floodwalls and other measures in the 1980s to lessen the Minnesota River's impact. Because most of the homes in the area are on or atop an incline, homeowners' concerns about flooding are minimal.
Written By
Brad Wilson
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Agents Specializing in this Area
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Christine Thomas
Christine Thomas
LAKE SHORES & MORE REALTY
(507) 575-4664
76 Total Sales
1 in Alexander Park
$260,000 Price
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Erik Jensen
Erik Jensen
AMERICAN WAY REALTY
(507) 448-5701
106 Total Sales
1 in Alexander Park
$252,112 Price
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Zoe Anderson
Zoe Anderson
Responds QuicklyTrue Real Estate
(507) 528-7932
214 Total Sales
1 in Alexander Park
$245,000 Price
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Kris Lindahl
Kris Lindahl
Responds Quickly(612) 260-4292
5,546 Total Sales
1 in Alexander Park
$190,000 Price
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Karry Meyer
Karry Meyer
Responds QuicklyREALTY EXECUTIVES ASSOCIATES
(507) 615-3387
102 Total Sales
2 in Alexander Park
$230,000 Price Range
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Samantha Kaul
Samantha Kaul
Responds QuicklyCENTURY 21 ATWOOD
(952) 900-2504
174 Total Sales
2 in Alexander Park
$165K - $210K Price Range
Schools
Source:
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
- 9th to 12th
- Public
- 6th to 8th
- Public
- K to 5th
- Public
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Parks in this Area
Alexander Park
Emerson Park
- Baseball/Softball
- Picnic Area
- Soccer
Crime and Safety
| 1 - Low Crime, 10 - High Crime | Alexander Park | US |
|---|---|---|
| Homicide | 3 | 4 |
| Sexual Assault | 5 | 4 |
| Assault with Weapon | 4 | 4 |
| Robbery | 5 | 4 |
| Burglary | 5 | 4 |
| Motor Vehicle Theft | 5 | 4 |
| Larceny | 6 | 4 |
| Crime Score | 5 | 4 |
Source: WhatIsMyCrimeRisk.com
Alexander Park Demographics and Home Trends
On average, homes in Alexander Park, Mankato sell after 22 days on the market compared to the national average of 49 days. The median sale price for homes in Alexander Park, Mankato over the last 12 months is $227,450, down 23% from the median home sale price over the previous 12 months.
Housing Trends
Median List Price
$239,950
Median Sale Price
$227,450
Median Single Family Sale Price
$242,450
Median Change From 1st List Price
0%
Last 12 months Home Sales
8
Median Home Sale Price YoY Change
-23%
Average Price Per Sq Ft
$111
Neighborhood Facts
Number of Homes in Neighborhood
250
Number of Homes for Sale
2
Median Year Built
1950
Months of Supply
3.00
Average Single Family Home Size Sq Ft
1,999
On par with the national average
1,933
Median Lot Size Sq Ft
12,632
Distribution of Home Values
Homes for Sale
Homes for Rent
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Average Home Value
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
1,020
Median Age
33
Population Density
4 ppl/acre
Population under 18
21.9%
On par with the national average
23.8%
Population over 65
18.2%
On par with the national average
19.1%
Finances
Median Household Income
$64,539
Below the national average
$71,702
Average Household Income
$85,045
Education and Workforce
High School Graduates
95.8%
Above the national average
89.1%
College Graduates
41%
Above the national average
34.1%
Advanced Degrees
14.7%
% Population in Labor Force
64.2%
Weather
Annual Precipitation
34''
Average Winter Low Temperature
6°F
Average Summer High Temperature
82°F
Annual Snowfall
43''
Area Factors
Bikeable
Bike Score®
54
/ 100
Somewhat Walkable
Walk Score®
51
/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Nearby Neighborhoods
Erlandson Park
Convenient community close to restaurants and major employers of Mankato
Five Corners
Downtown Mankato neighborhood with offices and restaurants close at hand
Highland Park
20th-century homes north of MSU and central to Mankato attractions
Jaycee Park
Mix of apartments and single-family homes close to MSU and the Mayo Clinic
Lincoln Park
Ornate architecture and historic homes a mile from downtown Mankato
Riverfront Park
A classic American neighborhood at the heart of Mankato
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