Why Live in Liberty Park
Liberty Park in Mankato, part of the Lincoln Park Historic District, exudes a historic charm with its well-preserved architecture and strong sense of community. Homes here, dating back to post-Civil War times, include two-story cottages, Four Squares, Craftsmans, and Victorian styles, each with unique historical abstracts. The neighborhood's tree-lined streets and shaded sidewalks create a picturesque setting where children play and neighbors converse on front porches. Residents benefit from highly rated schools, including Jefferson Elementary, Dakota Meadows Middle, and Mankato West High, with Minnesota State University Mankato just a mile south for higher education. Local amenities are abundant, with Front Street offering a variety of dining options like Fillin’ Station Coffeehouse, Pagliai’s Pizza, and Nolabelle. Downtown Mankato, a block away, provides additional recreational opportunities, from antique shopping to gaming at PULP Comics and Games and Atlantis Hobby. Stoltzman Park, with its playground and ice rink, and the Rasmussen Woods Trail offer outdoor activities, while the Mayo Clinic Health System Event Center hosts concerts and sporting events nearby. Liberty Park's proximity to downtown and pedestrian-friendly layout make it convenient for accessing shops, restaurants, and entertainment, with River Hills Mall just 4 miles away for more extensive shopping. The neighborhood's crime rate is lower than the national average, contributing to its appeal as a safe and welcoming community.
Frequently Asked Questions
Is Liberty Park a good place to live?
Liberty Park is a good place to live. Liberty Park is considered fairly walkable and bikeable. Liberty Park has 2 parks for recreational activities. It is somewhat dense in population with 10.2 people per acre and a median age of 32. The average household income is $73,939 which is below the national average. College graduates make up 51% of residents. A majority of residents in Liberty Park are home owners, with 49.4% of residents renting and 50.6% of residents owning their home. A
local real estate agent serving Liberty Park can help you decide if this neighborhood is the right one for you. Learn more on our
Liberty Park neighborhood guide.
How much do you need to make to afford a house in Liberty Park?
The median home price in Liberty Park is $209,900. If you put a 20% down payment of $42,000 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $1,070 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $46K a year to afford the median home price in Liberty Park. The average household income in Liberty Park is $74K.
What are the best public schools in Liberty Park?
The best public schools that serve Liberty Park are:
What are the best private schools in Liberty Park?
The best private schools that serve Liberty Park are:
What are the most popular zip codes in Liberty Park, Mankato, MN?
What are the most popular neighborhoods near Liberty Park, Mankato, MN?
Home Trends in Liberty Park, MN
On average, homes in Liberty Park, Mankato sell after 56 days on the market compared to the national average of 52 days. The median sale price for homes in Liberty Park, Mankato over the last 12 months is $209,900, up 2% from the median home sale price over the previous 12 months.
Median Sale Price
$209,900
Median Single Family Sale Price
$209,900
Median Townhouse Sale Price
$229,900
Average Price Per Sq Ft
$126
Number of Homes for Sale
2
Last 12 months Home Sales
20
Median List Price
$209,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
2%