Why Live in Alexander Park
Alexander Park in Mankato, Minnesota, blends suburban charm with urban convenience. Located about a mile from Riverfront Drive's shops and restaurants, Alexander Park is known for its steep inclines, making driving preferable, especially during winters with around 40 inches of snowfall annually. The neighborhood features quarter-acre lots with homes mostly over 2,000 square feet, showcasing ranch-style architecture alongside some colonial and Cape Cod designs. The residential area is primarily owner-occupied, with homes dating back to the 1880s and mid-20th century. Alexander Park is near major job hubs like Bethany Lutheran College and the Mayo Clinic Health System.
Families in Alexander Park have access to highly rated schools in the Mankato Area district, including Washington Elementary, Prairie Winds Middle, and Mankato East High. For higher education, Bethany Lutheran College and Minnesota State University are nearby. Alexander Park, located on Main Street, provides recreational features such as a basketball court, playground, and tennis court. The neighborhood is also close to several trails and parks, including the Red Jacket Trail and Mount Kato, a popular skiing destination 9 miles away.
Residents enjoy dining options like Nolabelle Kitchen + Bar and Ummie’s, as well as grocery stores like Aldi and Target. The River Hills Mall, 3 miles away, offers additional shopping with national retailers. Local events and attractions, such as Ribfest at Vetter Stone Amphitheater and performances at the Mankato Civic Center Grand Hall, are within 2 miles. Public transit options include the Mankato Transit System’s 13 bus and the Kato Go Play service. Despite past flooding issues, floodwalls and the neighborhood's elevated position minimize flood risks.
Home Trends in Alexander Park, MN
On average, homes in Alexander Park, Mankato sell after 21 days on the market compared to the national average of 50 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.
Median Sale Price
$227,450
Median Single Family Sale Price
$242,450
Average Price Per Sq Ft
$111
Number of Homes for Sale
2
Last 12 months Home Sales
8
Median List Price
$239,950
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-23%