4

The Prairie Homes for Sale

Section Image Section Image
  • 525 Harper St, Mankato, MN 56001
    525 Harper St, Mankato, MN 56001
    525 Harper St, Mankato, MN 56001
    /45

    $310,000

    • 4 Beds
    • 2 Baths
    • 1,441 Sq Ft

    525 Harper St, Mankato, MN 56001

    Meticulously maintained and move-in ready, this home is filled with thoughtful updates while still offering the warmth and character you love. The main level features a spacious kitchen and dining area, a bright living room with large windows, three bedrooms, and beautifully refinished original hardwood floors. The partially finished lower level offers additional living space with a newly

    Agent Photo

    Sara Stilson

    TRUE REAL ESTATE

    525 Harper St, Mankato, MN 56001
  • 129 W Ruth St, Mankato, MN 56001
    129 W Ruth St, Mankato, MN 56001
    129 W Ruth St, Mankato, MN 56001
    /24

    $158,900

    $41K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 2,114 Sq Ft

    129 W Ruth St, Mankato, MN 56001

    Calling all INVESTORS, DIYers, hobbyists, and buyers looking for a true fixer-upper with incredible potential! Situated on two in-town lots at the end of a quiet cul-de-sac, this home offers the opportunity to build equity while creating a space that's uniquely yours. The home is fully livable, allowing you to tackle projects over time rather than all at once. This property is ready to go as a

    Zoe Anderson TRUE REAL ESTATE

    129 W Ruth St, Mankato, MN 56001
  • 1518 4th Ave, Mankato, MN 56001
    1518 4th Ave, Mankato, MN 56001
    1518 4th Ave, Mankato, MN 56001
    /31

    $209,900

    • 3 Beds
    • 1.5 Baths
    • 1,404 Sq Ft

    1518 4th Ave, Mankato, MN 56001

    Fall in love with this adorable 3 bedroom, 2 bathroom home perfectly situated in the heart of Mankato, putting you just minutes from shopping, restaurants, parks, schools, and everything the city has to offer. From the inviting front porch to the spacious back deck, this home is full of charm inside and out. The functional floor plan features the convenience of main floor laundry, comfortable

    Zoe Anderson TRUE REAL ESTATE

    1518 4th Ave, Mankato, MN 56001
  • 2005 7th Ave, Mankato, MN 56001
    2005 7th Ave, Mankato, MN 56001
    2005 7th Ave, Mankato, MN 56001
    /6

    $182,500

    $17K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,714 Sq Ft

    2005 7th Ave, Mankato, MN 56001

    Investment opportunity in Mankato! This duplex offers strong income potential and endless possibilities for the right buyer. Whether you're looking to expand your rental portfolio, live in one unit while renting the other, or renovate and increase value, this property is full of opportunity. Each unit provides functional living space with the chance to add your own updates and improvements.

    Candee Deichman Century 21 Atwood

    2005 7th Ave, Mankato, MN 56001
Minnesota Blue Earth County Mankato

Real Estate & Homes for Sale in The Prairie, Mankato

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. 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 well-rated Franklin Elementary, Prairie Winds Middle and Mankato East High serve the neighborhood. 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 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 about 7 miles away, and more extensive flight options are available at Minneapolis-St. Paul International Airport, 78 miles from the neighborhood.
Learn more about living in The Prairie

The Prairie, Mankato, MN Home Prices vs. Nearby Neighborhoods

The Prairie Riverfront Park Five Corners Tourtellotte Park
Median Home Price
$201,950
$185,450
$227,000
$226,200
Median Sale Price
$182,450
-26% YoY
$198,900
-4% YoY
$240,000
+182% YoY
$223,700
+25% YoY
Median Single Family Price
$192,450
$198,900
$179,900
$220,000
Total Active Listings
6 listings
2 listings
1 listing
9 listings
Market Conditions
5 Months of Supply
Balanced Market
2 Months of Supply
Seller's Market
12 Months of Supply
Buyer's Market
5 Months of Supply
Balanced Market

Frequently Asked Questions

Is The Prairie a good place to live?
The Prairie is a good place to live. The Prairie is considered very car-dependent and bikeable with minimal transit options. The Prairie has 4 parks for recreational activities.It is sparse in population with 2.0 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.
How much do you need to make to afford a house in The Prairie?
The median home price in The Prairie is $201,950. If you put a 20% down payment of $40,400 and had a 30-year fixed mortgage with an interest rate of 6.71%, your estimated principal and interest payment would be $1,040 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $45K a year to afford the median home price in The Prairie. Learn how much home you can afford with our Home Affordability Calculator. 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?
The most popular zip codes in The Prairie, Mankato, MN include 56001, 56003, 56082, 56050 and 56024.
What are the most popular neighborhoods near The Prairie, Mankato, MN?
The most popular neighborhoods near The Prairie, Mankato, MN are Tourtellotte Park, Franklin Rogers Park, Washington Park, Country Club Estates and Alexander Park.
Are home prices dropping in The Prairie?
Yes, home prices in The Prairie are down 19% in the last 12 months.
How to Buy a Home How to Finance a Home How to Sell a Home

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage

Copyright © 2026 CoStar Group