Mankato, MN Condo for Sale

Outdoor recreation defines daily life in Mankato, with Minneopa State Park's majestic waterfalls and roaming bison herd drawing nature lovers year-round. Mount Kato provides skiing and snowboarding in winter, while transforming into mountain biking trails during summer months. The Minnesota and Blue Earth Rivers create endless possibilities for kayaking, canoeing, and fishing, complemented by the paved Red Jacket Trail system. Cultural attractions include live performances at Minnesota State University's Performing Arts Center and summer concerts at Vetter Stone Amphitheater. The dining scene features local favorites like El Mazatlan Mexican Restaurant, known for their Mazatan Cheese Steak, and Pagliai's Pizza's renowned pies and craft beer selection.

The median sale price for homes in Mankato is $310,000, with single-family homes ranging from $167,000 in Five Corners to $375,000 in Country Club Estates. Highland Park's median single-family home price sits at $264,000, while Sibley Park homes typically sell for $209,500. Townhomes have a median price of $299,900, and two-bedroom condos average $200,400.

Living costs run 5.2% below the national average. A family with school-age children needs approximately $100,000 annually to live comfortably, while renters should aim for $53,000. Property taxes in Blue Earth County stand at 0.98%, lower than neighboring Waseca at 1.19%. The public school system includes highly rated Franklin and Jefferson Elementary Schools. Minnesota State University Mankato serves as a major employer alongside Mayo Clinic Health System and Taylor Corporation. The Mankato Transit System connects residents throughout the city, while Minneapolis-St. Paul International Airport lies 75 miles away, typically a 1.5-hour drive.