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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
  • /38

    $220,000

    • 3 Beds
    • 1 Bath
    • 1,840 Sq Ft

    307 Meadow Woods Dr, Mankato, MN 56001

    Situated on nearly a full acre, this property provides a peaceful, almost rural feel while still being just minutes from all that Mankato has to offer. Inside, you’ll find an abundance of natural light throughout the home. The upper level features three bedrooms on the same level, offering comfort and functionality. The kitchen offers an elongated layout with space for a dining table, or you may

    Laney Pope Weichert, REALTORS- Heartland

    307 Meadow Woods Dr, Mankato, MN 56001
  • /36

    $194,900

    • 3 Beds
    • 2 Baths
    • 2,090 Sq Ft

    1125 Warren St, Mankato, MN 56001

    Welcome to 1125 Warren Street. This 1880s charmer has over 2000 finished square feet - so come on in and spread out. Main floor has living room, kitchen open to dining space, den, large bedroom or office area, full bathroom, and laundry area. Basement has sump pump and two large rooms with for storage along with original log beams you don't see everyday.. Head upstairs to find two large bedrooms,

    Kellie Krumwiede Connect Real Estate Group

    1125 Warren St, Mankato, MN 56001
  • /24

    $199,900

    • 4 Beds
    • 2 Baths
    • 2,114 Sq Ft

    129 W Ruth St, Mankato, MN 56001

    Tucked away on a cul-de-sac in the heart of Mankato, this rare and versatile investment opportunity is packed with character, space, and endless potential! Situated on TWO parcels, this expansive 4 bedroom, 2 bathroom property offers an incredible blend of charm and functionality with soaring tall ceilings, spacious rooms, and abundant natural light throughout. The home features updated

    Zoe Anderson TRUE REAL ESTATE

    129 W Ruth St, Mankato, MN 56001
  • /28

    $219,000

    • 3 Beds
    • 1.5 Baths
    • 1,520 Sq Ft

    315 Center St, Mankato, MN 56001

    Located in central Mankato, this 3-bedroom, 2-bath, 2-story home offers a practical layout with a mix of original character and everyday functionality. The main level features hardwood floors and includes a living room, dining room, kitchen, and half bath. A front porch area adds flexible space that can be used as a home office, sitting area, or additional living space. Upstairs, you’ll find

    Sara Stilson TRUE REAL ESTATE

    315 Center St, Mankato, MN 56001
  • /20

    $179,900

    • 1 Bed
    • 1 Bath
    • 680 Sq Ft

    500 Brooks St, Mankato, MN 56001

    Cozy home on a large lot! The current owner recently remodeled the kitchen as well as the bedroom area, converting two smaller rooms into one large bedroom with walk-in closet. Basement is unfinished allowing room to grow or build instant equity or simply use for storage. Single attached garage and another rustic 12 x 50 building for misc storage. Nice sized "L" shaped lot! Roof was re-shingled

    Kenneth Lundberg RE/MAX DYNAMIC AGENTS ST. PETER

    500 Brooks St, Mankato, MN 56001
  • /26

    $239,900

    • 2 Beds
    • 1 Bath
    • 1,180 Sq Ft

    609 Dublin Ct, Mankato, MN 56001

    This well-maintained one-level townhome offers approximately 1,180 square feet with 2 bedrooms and 1 bathroom. The layout features a large foyer that opens to the kitchen, dining area, and living room. The kitchen includes oak cabinetry and a breakfast bar. A sunroom provides additional natural light and access to the backyard patio. The primary bedroom has a walk-in closet with pass-through

    Alexander Phippen TRUE REAL ESTATE

    609 Dublin Ct, Mankato, MN 56001
  • /25

    $169,000

    • 3 Beds
    • 1 Bath
    • 1,008 Sq Ft

    605 Le Hillier St, Mankato, MN 56001

    Completely updated 3 bedroom, 1 bathroom home. The interior features a clean, modern layout with updated flooring, fresh finishes, and an open kitchen with bar seating, stainless appliances, and ample cabinet space. The living room provides a comfortable central space, with three bedrooms and a full bath nearby. Separate laundry area adds everyday convenience. Situated on a large lot with room

    Alexander Phippen True Real Estate

    605 Le Hillier St, Mankato, MN 56001
  • /27

    $209,900

    • 3 Beds
    • 1 Bath
    • 1,569 Sq Ft

    109 S 4th St, Mankato, MN 56001

    This versatile three-bedroom single-family home comes with a rental license and no occupancy limit, making it an excellent investment opportunity. The property features a spacious lot that extends to the alley, complete with a 29x22 parking pad. The main floor boasts beautiful original oak flooring and woodwork throughout the enclosed front entry, living room, dining room, and sunroom with

    Karla Van Eman AMERICAN WAY REALTY

    109 S 4th St, Mankato, MN 56001
  • /3

    $244,000

    • Land
    • 14,374 Sq Ft
    • $739,394 per Acre

    1036 S Victory Dr, Mankato, MN 56001

    Great opportunity to own a unit or building in the Victory Drive Business Park Association! Price shown is for one 1,560 SF unit, to be built by Skorr Construction, or the builder of your choice.

    Jon Kietzer Landmark Realtors, LLC

    1036 S Victory Dr, Mankato, MN 56001
  • /2

    $77,000

    • Land
    • 8,276 Sq Ft
    • $405,263 per Acre

    0 Aveyda Bend Trail Unit 7039701, 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 Mankato

    0 Aveyda Bend Trail Unit 7039701, Mankato, MN 56001
  • /5

    $59,900 New Construction

    • 2 Beds
    • 1 Bath
    • 672 Sq Ft

    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
    • 7,840 Sq Ft
    • $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
    • 9,583 Sq Ft
    • $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
    • 9,583 Sq Ft
    • $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
    • 8,276 Sq Ft
    • $457,895 per Acre

    Lot 10 Aveyda 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 Aveyda Bend Trail, Mankato, MN 56001
  • /36

    $104,900

    • 3 Beds
    • 2 Baths
    • 1,920 Sq Ft

    111 Monet Place, Mankato, MN 56001

    Spacious Schult manufactured home with 1,920 sq. ft. of one-level living! Features 3 bedrooms, 2 full baths, and 2 family rooms (one could be a 4th bedroom). The kitchen offers ample cabinetry, counter space, and breakfast bar seating. Updates include roof, leveling, and front deck (last 4 yrs), new windows (2025), and new carpet (2026). Located on a cul-de-sac near a park with a playground and

    Beth Leonard True Real Estate

    111 Monet Place, Mankato, MN 56001
  • /2

    $87,000

    • Land
    • 8,276 Sq Ft
    • $457,895 per Acre

    Lot 24 Aveyda 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 Aveyda Bend Trail, Mankato, MN 56001
  • /15

    $65,000

    • 3 Beds
    • 2 Baths
    • 1,344 Sq Ft

    103 Hilton Ct, Mankato, MN 56001

    Check out this charming 1999 double-wide mobile home situated within Eastwood Manor Mobile Home Park. This property features three bedrooms and two bathrooms and is conveniently located in close proximity to schools, shopping centers, entertainment venues, medical clinics, and all the amenities that Mankato has to offer.

    Trang Nguyen Edina Realty, Inc.

    103 Hilton Ct, Mankato, MN 56001
  • /2

    $77,000

    • Land
    • 8,276 Sq Ft
    • $405,263 per Acre

    Lot 3 Aveyda 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 Aveyda Bend Trail, Mankato, MN 56001
  • /2

    $130,000

    • Land
    • 9,583 Sq Ft
    • $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
    • 17,859 Sq Ft
    • $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
  • /5

    $82,900 New Construction

    • 2 Beds
    • 2 Baths
    • 1,056 Sq Ft

    121 Maple Dr Unit 53, Mankato, MN 56001

    Tori Coil Knollwood

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

    $84,000

    • Land
    • 18,730 Sq Ft
    • $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
    • 9,147 Sq Ft
    • $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
    • 8,276 Sq Ft
    • $457,895 per Acre

    Lot 22 Aveyda 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 Aveyda Bend Trail, Mankato, MN 56001
  • /2

    $130,000

    • Land
    • 9,583 Sq Ft
    • $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
    • 10,018 Sq Ft
    • $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
  • /2

    $87,000

    • Land
    • 8,276 Sq Ft
    • $457,895 per Acre

    0 Aveyda Bend Trail Unit 7039721, 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 Mankato

    0 Aveyda Bend Trail Unit 7039721, Mankato, MN 56001
  • /5

    $86,900

    • 3 Beds
    • 2 Baths
    • 1,056 Sq Ft

    24 Wood Dr Unit 33, Mankato, MN 56001

    Tori Coil Knollwood

    24 Wood Dr Unit 33, Mankato, MN 56001
  • /17

    $142,000

    • Land
    • 18,295 Sq Ft
    • $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
    • 17,424 Sq Ft
    • $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
    • 8,276 Sq Ft
    • $457,895 per Acre

    Lot 9 Aveyda 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 Aveyda Bend Trail, 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
    • 8,276 Sq Ft
    • $405,263 per Acre

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

    $87,000

    • Land
    • 8,276 Sq Ft
    • $457,895 per Acre

    0 Aveyda Bend Trail Unit 7039731, 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 Mankato

    0 Aveyda Bend Trail Unit 7039731, Mankato, MN 56001
  • /2

    $77,000

    • Land
    • 8,276 Sq Ft
    • $405,263 per Acre

    0 Aveyda Bend Trail Unit 7039714, 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 Mankato

    0 Aveyda Bend Trail Unit 7039714, Mankato, MN 56001
  • /2

    $77,000

    • Land
    • 8,276 Sq Ft
    • $405,263 per Acre

    Lot 7 Aveyda 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 Aveyda 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
$305,000
Median Townhouse Sale Price
$300,000
Median 2 Bedroom Sale Price
$390,000
Average Price Per Sq Ft
$153
Number of Homes for Sale
116
Last 12 months Home Sales
557
Months of Supply
2.50
Median List Price
$314,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-2%
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