North Mankato

North Mankato

Located in Nicollet County

$340,920 Average Value
$151 Average Price per Sq Ft
48 Homes For Sale

Laid-back life on the bluff

North Mankato is a town of 14,000, linked to Mankato by bridge over the Minnesota River. Primarily a bedroom community, the major draw here is accessibility and natural beauty. “You’re on a bluff, so there’s some beautiful scenery— the sunsets are amazing. Some of the properties have a view of the river as well,” says Candee Deichman, a Realtor with Century 21 Atwood Realty Inc. Deichman also mentions ease of travel with access to U.S. Route 14, which is necessary for most shopping and dining. The area also supports a highly rated school district and an array of parks.

North Mankato residence have access to their own library.
North Mankato residence have access to their own library.
Belgrade Avenue is just across the bridge from Mankato and has shops and restaurants.
Belgrade Avenue is just across the bridge from Mankato and has shops and restaurants.
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Everything from modern New Traditionals to turn-of-the-century bungalows

The median home sale price is $320,000, about $100,000 below the national median. Townhouses are clustered in some of the newer subdivisions to the north, along with New Traditionals, built since 2000. Homes near downtown and in the city's southern half are older, from the early 1900s to the mid-20th century. Cottages, bungalows and ranch-style homes are among the most common types.

The most prominent industries include manufacturing and health care. Major area employers include the Mayo Clinic Health System and Taylor Corporation, a global print provider owned by Glen Taylor, a former member of the Minnesota State Senate. “The Taylor Corporation is what North Mankato is built around,” says Deichman.

New traditional style housing is abundant up the hill in North Mankato.
New traditional style housing is abundant up the hill in North Mankato.
Classic bungalows and other historic homes styles are available in North Mankato down by the river.
Classic bungalows and other historic homes styles are available in North Mankato down by the river.
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A vast array of parks

Spring Lake Park, which attracts ducks and residents alike, revolves around a lake and lighted walking path. Surrounded by hills covered in deciduous trees, the 52-acre space also includes a swimming pool, playgrounds, volleyball courts and winter activities such as skating and sledding. The park has five picnic shelters, two of which can be reserved. Fallenstein Playground in Caswell Park offers an inclusive and accessible experience. The Kiwanis Recreation Area is a vast park with five miles of mountain bike trails, a dog park and kayak access to the Minnesota River. The Caswell Softball Complex offers six ball fields, a splash pad and a playground.

Caswell Park has a large playground for families to enjoy with their kids.
Caswell Park has a large playground for families to enjoy with their kids.
Spring Lake Park in North Mankato has a pool that is a fun summer option for residents.
Spring Lake Park in North Mankato has a pool that is a fun summer option for residents.
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The Mankato Public School District

The Mankato Public School District serves North Mankato, scoring an A-minus on Niche. The district supports 15 elementary, six middle, and seven high schools. Franklin Elementary School, Bridges Community Elementary School and Jefferson Elementary School rank exceptionally high, with all three earning an A. The city is also home to South Central College-North Mankato Campus, which serves about 2,000 undergraduate students.

Dakota Meadows Middle School enrolls 25% economically disadvantaged students.
Dakota Meadows Middle School enrolls 25% economically disadvantaged students.
South Central College is part of the Minnesota state system.
South Central College is part of the Minnesota state system.
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Music in the Park and Blues on Belgrade

Wheeler Park hosts Music in the Park on Thursdays in July and September. Locals can lounge on lawn chairs, check out the food stands and listen to live music. “They do have some fun festivities that are well-attended,” says Deichman, adding the Fun Days parade and celebration follows the observance of Independence Day, featuring a carnival, food and shows. Blues on Belgrade follows later in July, near the river on the east end of Belgrade Avenue.

Dinning in the business district and shopping at the farmers' market

A cluster of chains and a handful of independent restaurants line Commerce Drive within the city’s business district. For most shopping, locals can head across the bridge to Mankato.

From June to October, the North Mankato Farmers' Market provides produce and baked goods a little closer to home.

Commerce strive is the main business district in North Mankato.
Commerce strive is the main business district in North Mankato.
During the warmer months, North Mankato hosts, a farmers market on the campus of South Central College.
During the warmer months, North Mankato hosts, a farmers market on the campus of South Central College.
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Commutes out of the city

U.S. Route 14 bisects the city, while U.S. Route 169 borders the east, providing routes to neighboring Mankato to the south and Minneapolis 80 miles north. Cyclists can ride several bike lanes throughout downtown. The Mankato Transit System provides fixed-route service to the city and paratransit service seven days a week. The Mankato Clinic North Mankato is located within the city, while the Minneapolis–Saint Paul International Airport is about 78 miles northeast.

Crime and climate

Snow in North Mankato is common, but the city diverts public works staff from all departments to clearing its 540 lane-miles of main and secondary streets. July is the hottest month of a four-month warm season that begins tapering off into cool weather by mid-September.

According to FBI data, the rates of reported violent crime and property crime in North Mankato are lower than the Minnesota average and national average.



Stephanie Davison
Written By
Stephanie Davison
Joshua Kassabian
Video By
Joshua Kassabian

Interested in learning more about homes in this area? Reach out to Patrick Sullivan, an experienced agent in this area.

Agents Specializing in this Area

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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

North Mankato Housing Trends

Housing Trends

Median List Price
$340,000
Median Sale Price
$320,000
Median Single Family Sale Price
$339,950
Median Townhouse Sale Price
$289,950
Median 2 Bedroom Sale Price
$309,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
256
Median Home Sale Price YoY Change
$10
Average Price Per Sq Ft
$151

Neighborhood Facts

Number of Homes for Sale
48
Months of Supply
2.30

Open Houses

  • Wednesday, Jun 18
    4 - 6pm

    500 Sherman St, North Mankato, MN 56003

    $199,900

    • 2 Beds
    • 1.5 Baths
    • 1,020 Sq Ft
    • 500 Sherman St
    • New 1 day ago

    Charming Two-Story on a Corner Lot in Lower North Mankato! Welcome home to this delightful two-story nestled on a corner lot in the highly sought-after Lower North Mankato neighborhood! Step through the enclosed front porch and into a bright, open-concept living and dining space, complete with classic arched detailing that adds timeless character. The eat-in kitchen offers ample cabinetry and a

    ZAC MURRA American Way Realty

  • Wednesday, Jun 18
    4 - 6pm

    500 500 Sherman St, North Mankato, MN 56003

    $199,900

    • 2 Beds
    • 1.5 Baths
    • 1,020 Sq Ft
    • 500 500 Sherman St
    • New 1 day ago

    Charming Two-Story on a Corner Lot in Lower North Mankato! Welcome home to this delightful two-story nestled on a corner lot in the highly sought-after Lower North Mankato neighborhood! Step through the enclosed front porch and into a bright, open-concept living and dining space, complete with classic arched detailing that adds timeless character. The eat-in kitchen offers ample cabinetry and a

    ZAC MURRA AMERICAN WAY REALTY

  • Saturday, Jun 21
    11am - 1pm

    509 Nicollet Ave, North Mankato, MN 56003

    $260,000

    • 3 Beds
    • 1.5 Baths
    • 1,148 Sq Ft
    • 509 Nicollet Ave
    • New 15 days ago

    Charming North Mankato Gem with Classic Character and Modern Updates!Step into this beautifully maintained 1.5-story home in the heart of North Mankato, where timeless charm meets thoughtful updates. Enjoy your morning coffee or evening sunsets on the spacious front porch, perfectly perched to overlook scenic Nicollet Avenue. Inside, you’ll find a warm and inviting living room and formal dining

    Dirk Holman Edina Realty, Inc.

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value



Source: Public Records

Property Mix - Square Feet

North Mankato Has More Owners

Demographics

Total Population
13,966
Median Age
39
Population under 18
26%
On par with the national average
23.8%
Population over 65
18.6%
On par with the national average
19.1%

Finances

Median Household Income
$76,694
Above the national average
$71,702
Average Household Income
$102,174

Education and Workforce

High School Graduates
97.8%
College Graduates
43.5%
Above the national average
34.1%
Advanced Degrees
12.8%
% Population in Labor Force
74.9%
Above the national average
65.1%

Weather

Annual Precipitation
35''
Average Winter Low Temperature
6°F
Average Summer High Temperature
82°F
Annual Snowfall
21''
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
North Mankato