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University Park Homes for Sale

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  • /32

    $699,900

    • 4 Beds
    • 3.5 Baths
    • 1,793 Sq Ft

    317 Oak Marsh Dr, Mankato, MN 56001

    Beautifully crafted 2-story home featuring 4 bedrooms, 3 full baths, front porch, back yard patio and a heated, insulated 3-stall garage. The inviting open floor plan with vaulted ceilings, hardwood floors and abundant natural light creates a bright, welcoming atmosphere throughout. The gourmet kitchen is complete with granite countertops, a large center island, custom tile backsplash, and a

    Shawna Wolfe Keller Williams Premier Realty

    317 Oak Marsh Dr, Mankato, MN 56001
  • /5

    $265,000

    • Land
    • 6.9 Acres
    • $38,406 per Acre

    TBD Woodridge, Mankato, MN 56001

    Welcome to Woodridge. A Picturesque single-family development opportunity nestled in Mankato Hilltop, amidst beautiful trees. The site provides a perfect blend of convenience and privacy, making it an ideal location. Seven spacious building sites offer ample room for customization and expansion, allowing you to design and craft dream homes. While in the heart of Mankato, only moments from the

    Rebecca Thate RE/MAX Advantage Plus

    TBD Woodridge, Mankato, MN 56001
  • /38

    $99,000

    • 4 Beds
    • 2 Baths
    • 1,584 Sq Ft

    436 W Hudson Ave, Mankato, MN 56001

    Schult 4 bedroom and 2 bathroom with attached 2 car garage. Well kept and very clean.

    Beth Leonard True Real Estate

    436 W Hudson Ave, Mankato, MN 56001
  • /23

    $79,900

    • 3 Beds
    • 2 Baths
    • 1,280 Sq Ft

    111 Newton St, Mankato, MN 56001

    This well-maintained 3-bedroom, 2-full-bath single-wide home is located in University Park Mobil Home Community. The layout features a split-bedroom design for added privacy, with an open-concept living area that connects the kitchen and dining space. Ideal for everyday living and entertaining. Interior highlights include updated flooring, ample cabinet storage, and a dedicated laundry area. The

    Jeremy Tubbs True Real Estate

    111 Newton St, Mankato, MN 56001

Why Live in University Park

University Park in Mankato is a diverse neighborhood with a variety of housing options, including rental cottages in College Town for undergraduates, apartments in Rosa Place and mobile homes in the University Park Mobile Home Community. Single-family homes, built mainly in the early to mid-2000s, come with ranch-style and Craftsman architecture. The area is home to several green spaces, such as the Community Athletic Fields, which offer baseball diamonds, softball fields and a paved trail, and Lion’s Park, ideal for playground visits and fishing. Minneopa State Park, less than 10 miles away, provides hiking trails and opportunities to observe bison in their natural habitat. University Park is conveniently located half a mile from the MSU campus, where residents can enjoy dining options like Shawarmania Mediterranean Grill and Weggy’s on Campus. Aldi and Walmart are about 3 miles away for grocery shopping. The area is primarily car-dependent, with major employers like Mayo Clinic Health Systems and Old Town Mankato less than 3 miles away. Traffic can increase during the fall and spring semesters due to the influx of students. Mankato Area Public Schools serve the neighborhood, with highly rated institutions such as Prairie Winds Middle and Mankato East High, which boasts a 93% graduation rate and various after-school activities. MSU enrolls around 14,000 students annually and offers the state's only four-year aviation program.

Frequently Asked Questions

Is University Park a good place to live?
University Park is a good place to live. University Park is considered very car-dependent and somewhat bikeable. University Park is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. University Park has 3 parks for recreational activities. It is somewhat dense in population with 10.7 people per acre and a median age of 26. The average household income is $74,549 which is below the national average. College graduates make up 39.1% of residents. A majority of residents in University Park are home owners, with 49.2% of residents renting and 50.8% of residents owning their home. A local real estate agent serving University Park can help you decide if this neighborhood is the right one for you. Learn more on our University Park neighborhood guide.
Is University Park, MN a safe neighborhood?
University Park, 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 University Park?
The median home price in University Park is $313,000. If you put a 20% down payment of $62,600 and had a 30-year fixed mortgage with an interest rate of 6.21%, your estimated principal and interest payment would be $1,540 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $66K a year to afford the median home price in University Park. Learn how much home you can afford with our Home Affordability Calculator. The average household income in University Park is $75K.
What are the best public schools in University Park?
The best public schools that serve University Park are:
What are the most popular zip codes in University Park, Mankato, MN?
The most popular zip codes in University Park, Mankato, MN include 56001, 56003, 56037, 56024 and 56063.
What are the most popular neighborhoods near University Park, Mankato, MN?
The most popular neighborhoods near University Park, Mankato, MN are Buscher Park, White Oaks Park, Highland Park, Thomas Park and Erlandson Park.
Are home prices dropping in University Park?
Yes, home prices in University Park are down 25% in the last 12 months.

Home Trends in University Park, MN

Housing Trends

Median Sale Price
$302,000
Median Single Family Sale Price
$300,000
Median Townhouse Sale Price
$313,000
Average Price Per Sq Ft
$136
Number of Homes for Sale
2
Last 12 months Home Sales
14
Months of Supply
1.70
Median List Price
$313,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-8%
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