164

Affordable Homes for Sale in Mankato, MN under $248,000

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  • /9

    $198,500

    • 3 Beds
    • 2.5 Baths
    • 1,200 Sq Ft

    1128 N 5th St, Mankato, MN 56001

    Agent Photo

    John Clay

    Associated, REALTORS

    (507) 967-3319

    1128 N 5th St, Mankato, MN 56001
  • /2

    $130,000

    • Land
    • 0.19 Acre
    • $684,211 per Acre

    1010 Mahoe Way, Mankato, MN 56001

    Enjoy an active living lifestyle in this community with many amenities including 1.5 miles of walking paths, a clubhouse with an indoor and outdoor pool.

    Green Estate Green Solutions Real Estate

    1010 Mahoe Way, Mankato, MN 56001
  • /3

    $70,000

    • Land
    • 0.17 Acre
    • $411,765 per Acre

    3201 Bassett Dr, Mankato, MN 56001

    Terrific single family building lot in the popular Groh Farm Subdivision. Lot is build ready now. Bring your plan, dreams and vision, or we have several beautiful plans choose from, schedule your build consultation with our experts. Zoned R2. No builder restrictions. Remaining lots are few, do not delay, call today.

    Rebecca Thate RE/MAX Advantage Plus

    3201 Bassett Dr, Mankato, MN 56001
  • /10

    $59,900 New Construction

    • 2 Beds
    • 1 Bath

    121 Lynn Ln Unit 15, Mankato, MN 56001

    Own your own home in a quiet, well-maintained neighborhood! This 2 bed/1 bath home has plenty of living space. Every day could feel like a vacation! Call us today to schedule a showing and see all the benefits of living in Eastwood MN, a professionally managed community. Ask about our special incentive programs! This one won't last long! Total $499 site rent/Month + $499 Security Deposit+ $25

    Tori Coil Eastwood MN

    121 Lynn Ln Unit 15, Mankato, MN 56001
  • /17

    $68,000

    • Land
    • 0.18 Acre
    • $377,778 per Acre

    0 Pine Creek Rd, Mankato, MN 56001

    Build your dream home on this beautiful lot in one of Mankato's premier neighborhoods. This lot would be a great for a patio home! Close to trails and conveniently located with easy access to Highway 14 and 22.

    Jen True TRUE REAL ESTATE

    0 Pine Creek Rd, Mankato, MN 56001
  • /2

    $130,000

    • Land
    • 0.22 Acre
    • $590,909 per Acre

    0 Luma Cir Unit 7039675, Mankato, MN 56001

    Imagine peaceful views of native grasses, tranquil ponding, and beautiful natural light in a home designed entirely around you. This exceptional homesite in Mankato’s newest community, Aveyda Preserve, offers the perfect balance of privacy, beauty, and convenience—keeping you close to everything that matters. Designed for luxury patio homes ranging from 2,100 to 3,700+ sq ft, with optional

    Rebecca Thate Re/Max Advantage Plus Mankato

    0 Luma Cir Unit 7039675, Mankato, MN 56001
  • /2

    $99,000

    • Land
    • 0.22 Acre
    • $450,000 per Acre

    0 Luma Cir Unit 7039689, Mankato, MN 56001

    Imagine peaceful views of native grasses, tranquil ponding, and beautiful natural light in a home designed entirely around you. This exceptional homesite in Mankato’s newest community, Aveyda Preserve, offers the perfect balance of privacy, beauty, and convenience—keeping you close to everything that matters. Designed for luxury patio homes ranging from 2,100 to 3,700+ sq ft, with optional

    Rebecca Thate Re/Max Advantage Plus Mankato

    0 Luma Cir Unit 7039689, Mankato, MN 56001
  • /3

    $4,000

    • 3 Beds
    • 2 Baths

    215 Spruce Ln Unit 79, Mankato, MN 56001

    Tori Coil Knollwood

    215 Spruce Ln Unit 79, Mankato, MN 56001
  • /2

    $87,000

    • Land
    • 0.19 Acre
    • $457,895 per Acre

    Lot 10 Meadow Bend Trail, Mankato, MN 56001

    This beautiful homesite in Mankato’s newest community, Aveyda Preserve, offers the ideal setting to create the lifestyle you’ve been looking for—combining space, convenience, and everyday ease. Designed for twin homes at approximately 1,800 sq ft per unit with double garages. Zoned R-2—well-suited for investment or efficient, low-maintenance living. Now reserving for July 2026 builds.

    Rebecca Thate RE/MAX Advantage Plus

    Lot 10 Meadow Bend Trail, Mankato, MN 56001
  • /2

    $87,000

    • Land
    • 0.19 Acre
    • $457,895 per Acre

    Lot 24 Meadow Bend Trail, Mankato, MN 56001

    This beautiful homesite in Mankato’s newest community, Aveyda Preserve, offers the ideal setting to create the lifestyle you’ve been looking for—combining space, convenience, and everyday ease. Designed for twin homes at approximately 1,800 sq ft per unit with double garages. Zoned R-2—well-suited for investment or efficient, low-maintenance living. Now reserving for July 2026 builds.

    Rebecca Thate RE/MAX Advantage Plus

    Lot 24 Meadow Bend Trail, Mankato, MN 56001
  • /2

    $77,000

    • Land
    • 0.19 Acre
    • $405,263 per Acre

    Lot 3 Meadow Bend Trail, Mankato, MN 56001

    This beautiful building site in Mankato’s newest Subdivision, Aveyda Preserve, offers the space and setting to create a lifestyle you’ve been looking for, all in a location that keeps you close to everything that matters. Suitable for patio homes at 1700 SF with an optional second story with oversized double garages. Reserve your lot today for your July 2026 build.

    Rebecca Thate RE/MAX Advantage Plus

    Lot 3 Meadow Bend Trail, Mankato, MN 56001
  • /12

    $57,000

    • 3 Beds
    • 2 Baths
    • 1,280 Sq Ft

    112 Saint Ann St, Mankato, MN 56001

    Well-maintained 3 bedroom, 2 bathroom mobile home offering a comfortable and functional layout. This home features a spacious living area and an open kitchen with ample cabinet space. The primary bedroom includes a private en-suite bathroom, while two additional bedrooms provide flexibility for family, guests, or a home office. A dedicated laundry area, generous storage throughout, and a

    Darcy Weinandt RE/MAX Dynamic Agents

    112 Saint Ann St, Mankato, MN 56001
  • /2

    $130,000

    • Land
    • 0.22 Acre
    • $590,909 per Acre

    Lot 3 Luma Cir, Mankato, MN 56001

    Imagine peaceful views of native grasses, tranquil ponding, and beautiful natural light in a home designed entirely around you. This exceptional homesite in Mankato’s newest community, Aveyda Preserve, offers the perfect balance of privacy, beauty, and convenience—keeping you close to everything that matters. Designed for luxury patio homes ranging from 2,100 to 3,700+ sq ft, with optional

    Rebecca Thate RE/MAX Advantage Plus

    Lot 3 Luma Cir, Mankato, MN 56001
  • /17

    $158,000

    • Land
    • 0.41 Acre
    • $385,366 per Acre

    0 Pine Creek Rd, Mankato, MN 56001

    Build your dream home on this beautiful lot in one of Mankato's premier neighborhoods. This lot would be a great for a patio home! Close to trails and conveniently located with easy access to Highway 14 and 22.

    Jen True TRUE REAL ESTATE

    0 Pine Creek Rd, Mankato, MN 56001
  • /6

    $82,900 New Construction

    • 2 Beds
    • 2 Baths

    121 Maple Dr Unit 53, Mankato, MN 56001

    Tori Coil Knollwood

    121 Maple Dr Unit 53, Mankato, MN 56001
  • /17

    $84,000

    • Land
    • 0.43 Acre
    • $195,349 per Acre

    0 Pine Creek Rd, Mankato, MN 56001

    Build your dream home on this beautiful lot in one of Mankato's premier neighborhoods. This lot would be a great for a patio home! Close to trails and conveniently located with easy access to Highway 14 and 22.

    Jen True TRUE REAL ESTATE

    0 Pine Creek Rd, Mankato, MN 56001
  • /6

    $90,000

    • Land
    • 0.21 Acre
    • $428,571 per Acre

    0 Indigo Trail, Mankato, MN 56001

    Take a look at the the stunning new lot in Hilltop Mankato. This is a brand new development so please call with questions.

    Chris Cousins Viking Real Estate

    0 Indigo Trail, Mankato, MN 56001
  • /2

    $87,000

    • Land
    • 0.19 Acre
    • $457,895 per Acre

    Lot 22 Meadow Bend Trail, Mankato, MN 56001

    This beautiful homesite in Mankato’s newest community, Aveyda Preserve, offers the ideal setting to create the lifestyle you’ve been looking for—combining space, convenience, and everyday ease. Designed for twin homes at approximately 1,800 sq ft per unit with double garages. Zoned R-2—well-suited for investment or efficient, low-maintenance living. Now reserving for July 2026 builds.

    Rebecca Thate RE/MAX Advantage Plus

    Lot 22 Meadow Bend Trail, Mankato, MN 56001
  • /29

    $195,000

    • 3 Beds
    • 1 Bath
    • 1,477 Sq Ft

    322 E Vine St, Mankato, MN 56001

    Welcome to 322 E Vine St — a beautifully refreshed 3-bedroom, 1-bath home blending classic charm with thoughtful modern updates throughout. The fully remodeled kitchen is a standout feature, complete with brand-new stove, refrigerator, dishwasher, updated flooring, and a new window that brings in great natural light. The bathroom has also been completely renovated with stylish finishes and new

    Kyle Furniss Edina Realty- Faribault

    322 E Vine St, Mankato, MN 56001
  • /40

    $194,900

    • 4 Beds
    • 1 Bath
    • 1,344 Sq Ft

    1519 N 4th St, Mankato, MN 56001

    Newly Renovated 4-Bedroom HomeThis beautifully refreshed 4-bedroom, 1-bath home offers a great blend of comfort and updates. The main floor features a convenient bedroom and laundry area, with three additional bedrooms located upstairs. Inside, you’ll find new paint and flooring throughout, giving the home a clean, modern feel. The kitchen stands out with granite countertops, new stainless

    Dillon Dale eXp Realty

    1519 N 4th St, Mankato, MN 56001
  • /2

    $130,000

    • Land
    • 0.22 Acre
    • $590,909 per Acre

    Lot 6 Luma Cir, Mankato, MN 56001

    Imagine peaceful views of native grasses, tranquil ponding, and beautiful natural light in a home designed entirely around you. This exceptional homesite in Mankato’s newest community, Aveyda Preserve, offers the perfect balance of privacy, beauty, and convenience—keeping you close to everything that matters. Designed for luxury patio homes ranging from 2,100 to 3,700+ sq ft, with optional

    Rebecca Thate RE/MAX Advantage Plus

    Lot 6 Luma Cir, Mankato, MN 56001
  • /2

    $150,000

    • Land
    • 0.23 Acre
    • $652,174 per Acre

    1022 Bitterend Cir, Mankato, MN 56001

    Welcome to the future site of your dream home in Mankato's Siesta Hills Subdivision! This expansive 0.24-acre lot, spanning 10,380 sq. ft., sets the stage for a lifestyle of luxury and leisure within this exclusive community. Nestled among rolling hills, Siesta Hills promises a unique living experience. Anticipate the completion of a cutting-edge clubhouse by Summer 2024, serving as the

    Candee Deichman Century 21 Atwood

    1022 Bitterend Cir, Mankato, MN 56001
  • /17

    $142,000

    • Land
    • 0.42 Acre
    • $338,095 per Acre

    0 Double Eagle Dr, Mankato, MN 56001

    Build the home of your dreams! Nice lot in newer neighborhood. Quick access to Highway 22, shopping, restaurants and schools.

    Jen True TRUE REAL ESTATE

    0 Double Eagle Dr, Mankato, MN 56001
  • /6

    $185,000

    • Land
    • 5.8 Acres
    • $31,897 per Acre

    TBD Saratoga, Mankato, MN 56001

    Currently zoned R3, ready for new owner with visions for development or home construction. Wooded and scenic property is ideal and convenient location to the campus and surrounding businesses.

    James Martini National Realty Guild

    TBD Saratoga, Mankato, MN 56001
  • /10

    $150,000

    • Land
    • 0.4 Acre
    • $375,000 per Acre

    0 Indigo Trail, Mankato, MN 56001

    Take a look at the the stunning new lot in Hilltop Mankato. This is a brand new development so please call with questions.

    Chris Cousins Viking Real Estate

    0 Indigo Trail, Mankato, MN 56001
  • /2

    $87,000

    • Land
    • 0.19 Acre
    • $457,895 per Acre

    Lot 9 Meadow Bend Trail, Mankato, MN 56001

    This beautiful homesite in Mankato’s newest community, Aveyda Preserve, offers the ideal setting to create the lifestyle you’ve been looking for—combining space, convenience, and everyday ease. Designed for twin homes at approximately 1,800 sq ft per unit with double garages. Zoned R-2—well-suited for investment or efficient, low-maintenance living. Now reserving for July 2026 builds.

    Rebecca Thate RE/MAX Advantage Plus

    Lot 9 Meadow Bend Trail, Mankato, MN 56001
  • /5

    $26,000

    • 3 Beds
    • 2 Baths

    307 Louva Ln Unit 232, Mankato, MN 56001

    This 3 bed/2 bath handyman special has great potential! The unbelievable price reflects the fact that this home needs some work, but with a little elbow grease, it can be a great starter home. Do not miss the opportunity to make this home your own! Call today and speak with one of our representatives to schedule a private tour. This one won't be on the market long!

    Tori Coil Eastwood MN

    307 Louva Ln Unit 232, Mankato, MN 56001
  • /7

    $165,000

    • Land
    • 1.08 Acres
    • $152,778 per Acre

    0 Bassett Dr, Mankato, MN 56001

    Great accessible location that benefits from the Madison Avenue and Bassett Drive business traffic. Private lot backs up to trees. Build to suit. Large 1.083 acre lot allows for ample parking and customized structure planning. Would be a perfect location for medical, mechanical, production or service-type business. Survey is available up request.

    Nancy Rossbach-Drummer BRIDGE REALTY

    0 Bassett Dr, Mankato, MN 56001
  • /2

    $77,000

    • Land
    • 0.19 Acre
    • $405,263 per Acre

    Lot 33 Meadow Bend Trail, Mankato, MN 56001

    This beautiful building site in Mankato’s newest Subdivision, Aveyda Preserve, offers the space and setting to create a lifestyle you’ve been looking for, all in a location that keeps you close to everything that matters. Suitable for patio homes at 1700 SF with an optional second story with oversized double garages. Reserve your lot today for your July 2026 build.

    Rebecca Thate RE/MAX Advantage Plus

    Lot 33 Meadow Bend Trail, Mankato, MN 56001
  • /2

    $77,000

    • Land
    • 0.19 Acre
    • $405,263 per Acre

    Lot 7 Meadow Bend Trail, Mankato, MN 56001

    This beautiful building site in Mankato’s newest Subdivision, Aveyda Preserve, offers the space and setting to create a lifestyle you’ve been looking for, all in a location that keeps you close to everything that matters. Suitable for patio homes at 1700 SF with an optional second story with oversized double garages. Reserve your lot today for your July 2026 build.

    Rebecca Thate RE/MAX Advantage Plus

    Lot 7 Meadow Bend Trail, Mankato, MN 56001
  • /2

    $87,000

    • Land
    • 0.19 Acre
    • $457,895 per Acre

    Lot 23 Meadow Bend Trail, Mankato, MN 56001

    This beautiful homesite in Mankato’s newest community, Aveyda Preserve, offers the ideal setting to create the lifestyle you’ve been looking for—combining space, convenience, and everyday ease. Designed for twin homes at approximately 1,800 sq ft per unit with double garages. Zoned R-2—well-suited for investment or efficient, low-maintenance living. Now reserving for July 2026 builds.

    Rebecca Thate RE/MAX Advantage Plus

    Lot 23 Meadow Bend Trail, Mankato, MN 56001
  • /17

    $58,000

    • Land
    • 0.24 Acre
    • $241,667 per Acre

    0 Pine Creek Rd, Mankato, MN 56001

    Build your dream home on this beautiful lot in one of Mankato's premier neighborhoods. This lot would be a great for a patio home! Close to trails and conveniently located with easy access to Highway 14 and 22.

    Jen True TRUE REAL ESTATE

    0 Pine Creek Rd, Mankato, MN 56001
  • /2

    $77,000

    • Land
    • 0.19 Acre
    • $405,263 per Acre

    Lot 27 Meadow Bend Trail, Mankato, MN 56001

    This beautiful building site in Mankato’s newest Subdivision, Aveyda Preserve, offers the space and setting to create a lifestyle you’ve been looking for, all in a location that keeps you close to everything that matters. Suitable for patio homes at 1700 SF with an optional second story with oversized double garages. Reserve your lot today for your July 2026 build.

    Rebecca Thate RE/MAX Advantage Plus

    Lot 27 Meadow Bend Trail, Mankato, MN 56001
  • /13

    $75,000

    • 3 Beds
    • 2 Baths
    • 1,280 Sq Ft

    621 E Shakespeare Ave, Mankato, MN 56001

    Well-maintained 3-bed, 2-bath manufactured home located in University Park. This home offers a practical and comfortable layout with an open living area, a functional kitchen, and ample storage throughout. A detached single-car garage provides added convenience and utility. Situated in a community setting with access to local services and amenities, this property is a strong option for those

    Jeremy Tubbs True Real Estate

    621 E Shakespeare Ave, Mankato, MN 56001
  • /2

    $99,000

    • Land
    • 0.22 Acre
    • $450,000 per Acre

    Lot 17 Luma Cir, Mankato, MN 56001

    Imagine peaceful views of native grasses, tranquil ponding, and beautiful natural light in a home designed entirely around you. This exceptional homesite in Mankato’s newest community, Aveyda Preserve, offers the perfect balance of privacy, beauty, and convenience—keeping you close to everything that matters. Designed for luxury patio homes ranging from 2,100 to 3,700+ sq ft, with optional

    Rebecca Thate RE/MAX Advantage Plus

    Lot 17 Luma Cir, Mankato, MN 56001
  • /6

    $82,900 New Construction

    • 3 Beds
    • 2 Baths

    106 Bardin Dr Unit 107, Mankato, MN 56001

    Looking for space, comfort, and a place to call your own? This beautiful 3 bedroom / 2 bath home at Eastwood MN. Enjoy an open layout, modern features, and a family-friendly community you'll love. Resident pays electric, gas, and water. Call today to schedule a tour-this one won't last long!

    Tori Coil Eastwood MN

    106 Bardin Dr Unit 107, Mankato, MN 56001
  • /9

    $87,900 New Construction

    • 3 Beds
    • 2 Baths

    128 Maple Dr Unit 63, Mankato, MN 56001

    Tori Coil Knollwood

    128 Maple Dr Unit 63, Mankato, MN 56001
  • /2

    $130,000

    • Land
    • 0.22 Acre
    • $590,909 per Acre

    0 Luma Cir Unit 7039676, Mankato, MN 56001

    Imagine peaceful views of native grasses, tranquil ponding, and beautiful natural light in a home designed entirely around you. This exceptional homesite in Mankato’s newest community, Aveyda Preserve, offers the perfect balance of privacy, beauty, and convenience—keeping you close to everything that matters. Designed for luxury patio homes ranging from 2,100 to 3,700+ sq ft, with optional

    Rebecca Thate Re/Max Advantage Plus Mankato

    0 Luma Cir Unit 7039676, Mankato, MN 56001
  • /18

    $130,000

    • Land
    • 0.21 Acre
    • $619,048 per Acre

    1011 Saba Blvd, Mankato, MN 56001

    Welcome to the future site of your dream home in Mankato's Siesta Hills Subdivision! This expansive 0.21 -acre lot, spanning 9,004 SF, sets the stage for a lifestyle of luxury and leisure within this exclusive community. Nestled among rolling hills, Siesta Hills promises a unique living experience. Anticipate thecompletion of a cutting-edge clubhouse by Summer 2024, serving as the centerpiece

    Candee Deichman Century 21 Atwood

    1011 Saba Blvd, Mankato, MN 56001
  • /2

    $77,000

    • Land
    • 0.19 Acre
    • $405,263 per Acre

    Lot 34 Meadow Bend Trail, Mankato, MN 56001

    This beautiful building site in Mankato’s newest Subdivision, Aveyda Preserve, offers the space and setting to create a lifestyle you’ve been looking for, all in a location that keeps you close to everything that matters. Suitable for patio homes at 1700 SF with an optional second story with oversized double garages. Reserve your lot today for your July 2026 build.

    Rebecca Thate RE/MAX Advantage Plus

    Lot 34 Meadow Bend Trail, Mankato, MN 56001

Showing Results 1 - 40, Page 1 of 5

Home Trends in Mankato, MN

Housing Trends

Median Sale Price
$300,000
Median Single Family Sale Price
$300,000
Median Townhouse Sale Price
$310,000
Median 2 Bedroom Sale Price
$397,500
Average Price Per Sq Ft
$153
Number of Homes for Sale
85
Last 12 months Home Sales
560
Months of Supply
1.80
Median List Price
$303,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-3%
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