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Rasmussen Park Homes for Sale

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  • TBD Saratoga, Mankato, MN 56001
    TBD Saratoga, Mankato, MN 56001
    TBD Saratoga, Mankato, MN 56001
    /6

    $168,000

    $17K PRICE DROP
    • Land
    • 5.8 Acres
    • $28,966 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
  • 1008 Applewood Ct, Mankato, MN 56001
    1008 Applewood Ct, Mankato, MN 56001
    1008 Applewood Ct, Mankato, MN 56001
    /11

    $1,274,800

    New Construction
    • 3 Beds
    • 3 Baths
    • 2,138 Sq Ft

    1008 Applewood Ct, Mankato, MN 56001

    Luxury to-be-built home by Deichman Construction on a premier 1.3 acre wooded lot with a walkout basement. This high-end build offers 3 bedrooms, 3 baths (2 full, 1 three-quarter) with 2,138 finished square feet and 4,576 total square feet. Quality features include Cambria countertops, handcrafted cabinetry, Bosch appliances, Andersen windows, and James Hardie siding. The walkout lower level

    Candee Deichman CENTURY 21 ATWOOD

    1008 Applewood Ct, Mankato, MN 56001
  • 75 Telemark Dr, Mankato, MN 56001
    75 Telemark Dr, Mankato, MN 56001
    75 Telemark Dr, Mankato, MN 56001
    /82

    $685,000

    • 4 Beds
    • 3.5 Baths
    • 4,728 Sq Ft

    75 Telemark Dr, Mankato, MN 56001

    This gorgeous two-story colonial-style home offers refined living on a private 1.1-acre wooded ravine lot. The heart of the residence is an expansive kitchen featuring high-end stainless steel appliances, crisp white cabinetry, a center island with seating, and elegant granite countertops. Adjacent to the kitchen, the stunning living room serves as a focal point with a brick fireplace and

    Jennifer Johnson TRUE REAL ESTATE

    75 Telemark Dr, Mankato, MN 56001
  • 27 Capri Dr, Mankato, MN 56001
    27 Capri Dr, Mankato, MN 56001
    27 Capri Dr, Mankato, MN 56001
    /57

    $579,900

    $19K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 3,544 Sq Ft

    27 Capri Dr, Mankato, MN 56001

    If you are looking for a spacious 4-bedroom, 3-bathroom rambler on a beautiful 1.8-acre lot, this is it. Offering over 3688 sq. ft., this walk-out rambler has some wonderful upgrades and has been well cared for by the same family since 1983. The main floor features 3 bedrooms and 2 baths, a wonderful living room and formal dining area that shows the beautiful private ravine lot. The kitchen area

    Jason Beal JBEAL REAL ESTATE GROUP

    27 Capri Dr, Mankato, MN 56001
Minnesota Blue Earth County Mankato

Real Estate & Homes for Sale in Rasmussen Park, Mankato

Why Live in Rasmussen Park
Rasmussen Park in Mankato is a vibrant neighborhood adjacent to the Minnesota State University, Mankato campus. The area features diverse housing options, including apartments, single-family homes and nursing homes. Properties date as far back as the 1960s. Homes feature bi-level and ranch architecture, and many exceed 2,000 square feet. Mankato Area Public Schools serve the neighborhood with well-rated institutions such as Jefferson Elementary, Dakota Meadows Middle and Mankato West High, which is noted for its high graduation rate and extracurricular offerings. Rasmussen Woods, a 150-acre nature preserve, is a key feature of the area, offering paths that connect to the Red Jacket Trail and unique floating paths through wetlands. Dining options abound, with both chain and local restaurants nearby, including Weggy’s on Campus and Mankato staples like Pub 500. Cub Foods is located less than 2 miles away for grocery needs. Public transportation is available via the Greater Mankato Transit System, with stops at Southwood Terrace and the university, facilitating easy travel throughout the city. Rasmussen Park is also among the safest neighborhoods in Mankato.
Learn more about living in Rasmussen Park

Rasmussen Park Home Prices vs. Nearby Mankato, MN Neighborhoods

Rasmussen Park Alexander Park White Oaks Park Erlandson Park
Median Home Price
$349,900
$292,450
$314,900
$289,900
Median Sale Price
$303,000
-16% YoY
$285,000
+27% YoY
$300,000
+18% YoY
$283,000
+1% YoY
Median Single Family Price
$342,500
$285,000
$319,900
$281,000
Total Active Listings
5
4
14
6
Market Conditions
3 Months of Supply
Seller's Market
2 Months of Supply
Seller's Market
3 Months of Supply
Seller's Market
2 Months of Supply
Seller's Market

Frequently Asked Questions

Is Rasmussen Park a good place to live?
Rasmussen Park is a good place to live. Rasmussen Park is considered car-dependent and somewhat bikeable with minimal transit options. Rasmussen Park is a neighborhood with a crime score of 2, making it safer than the average neighborhood in the U.S. Rasmussen Park has 7 parks for recreational activities. It is somewhat dense in population with 8.0 people per acre and a median age of 23. The average household income is $93,527 which is below the national average. College graduates make up 51.1% of residents. A majority of residents in Rasmussen Park are renters, with 57% of residents renting and 43% of residents owning their home. A local real estate agent serving Rasmussen Park can help you decide if this neighborhood is the right one for you. Learn more on our Rasmussen Park neighborhood guide.
Is Rasmussen Park, MN a safe neighborhood?
Rasmussen Park, MN is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.
How much do you need to make to afford a house in Rasmussen Park?
The median home price in Rasmussen Park is $349,900. If you put a 20% down payment of $70,000 and had a 30-year fixed mortgage with an interest rate of 6.66%, your estimated principal and interest payment would be $1,800 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $77K a year to afford the median home price in Rasmussen Park. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Rasmussen Park is $94K.
What are the best public schools in Rasmussen Park?
The best public schools that serve Rasmussen Park are:
What are the best private schools in Rasmussen Park?
The best private schools that serve Rasmussen Park are:
What are the most popular zip codes in Rasmussen Park, Mankato, MN?
The most popular zip codes in Rasmussen Park, Mankato, MN include 56001, 56003, 56037, 56024 and 56082.
What are the most popular neighborhoods near Rasmussen Park, Mankato, MN?
The most popular neighborhoods near Rasmussen Park, Mankato, MN are Buscher Park, Liberty Park, Lincoln Park, University Park and Highland Park.
Are home prices dropping in Rasmussen Park?
Yes, home prices in Rasmussen Park are down 32% in the last 12 months.
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