Why Live in The Prairie
The Prairie neighborhood in Mankato is a triangular area bordered by the Minnesota River, U.S. Route 14, and North River Front Drive, offering a blend of suburban-rural charm with downtown proximity. The community features spacious lawns, quiet streets, and a mix of industrial, commercial, and residential buildings. Homes in The Prairie include red brick colonials, ranch-style homes, new traditional houses, and cottages, typically situated on larger properties than those found downtown. The neighborhood is served by the highly rated Franklin Elementary School, Prairie Winds Middle School, and Mankato East High School. Residents enjoy local attractions such as River Front Park, which offers views of the Minnesota River, a canoe launch, playgrounds, hiking trails, and the Vetter Stone Amphitheater, known for its summer live music performances and events like RibFest. Columbia Park provides a smaller community space with playground equipment and picnic tables. The Mankato Makerspace, located centrally, offers adult education classes in various crafts. Dining options include Pappageorge Restaurant & Bar and Mom and Pop’s ice cream shop, while Lakota Made LLC and Hy-Vee Grocery Store cater to shopping needs. Though public transportation is limited, the Mankato Transit System has bus stops nearby, and the Minnesota River Trail offers a scenic route for cyclists. The Mankato Regional Airport is 6.5 miles away, with more extensive flight options available in Minneapolis-St. Paul, 78 miles from the neighborhood.
Frequently Asked Questions
Is The Prairie a good place to live?
The Prairie is a good place to live. The Prairie is considered car-dependent and bikeable. The Prairie is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. The Prairie has 4 parks for recreational activities. It is sparse in population with 1.2 people per acre and a median age of 36. The average household income is $87,132 which is below the national average. College graduates make up 32.7% of residents. A majority of residents in The Prairie are home owners, with 43% of residents renting and 57% of residents owning their home. A
local real estate agent serving The Prairie can help you decide if this neighborhood is the right one for you. Learn more on our
The Prairie neighborhood guide.
Is The Prairie, MN a safe neighborhood?
The Prairie, MN is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in The Prairie?
The median home price in The Prairie is $595,000. If you put a 20% down payment of $119,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $3,080 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $132K a year to afford the median home price in The Prairie. The average household income in The Prairie is $87K.
What are the best public schools in The Prairie?
The best public schools that serve The Prairie are:
What are the best private schools in The Prairie?
The best private schools that serve The Prairie are:
What are the most popular zip codes in The Prairie, Mankato, MN?
What are the most popular neighborhoods near The Prairie, Mankato, MN?
Are home prices dropping in The Prairie?
Yes, home prices in The Prairie are down 26% in the last 12 months.
Home Trends in The Prairie, MN
On average, homes in The Prairie, Mankato sell after 13 days on the market compared to the national average of 70 days. The median sale price for homes in The Prairie, Mankato over the last 12 months is $415,000, down 30% from the median home sale price over the previous 12 months.
Median Sale Price
$415,000
Median Single Family Sale Price
$2,000,000
Median 2 Bedroom Sale Price
$415,000
Average Price Per Sq Ft
$383
Number of Homes for Sale
2
Last 12 months Home Sales
5
Median List Price
$595,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-30%