Mankato, KS Foreclosures
How much do homes sell for in Mankato, KS?
The average home price is currently $130,425.
What’s the average rental cost in Mankato, KS?
The average rental price in Mankato is $1,161.
What is the most expensive home in Mankato?
The most expensive home sold in Mankato had a price of $1,395,734.
What is currently the cheapest priced home in Mankato, KS?
The cheapest home for sale in Mankato is priced at $19,700.
Living in Mankato, KS
Mankato, KS is a small yet vibrant community that beckons with its agricultural charm and friendly vibe. The town boasts beautiful landscapes and numerous outdoor activities for all ages, making it an ideal place for families and nature lovers alike. With excellent schools and essential amenities nearby, Mankato provides a pleasant living environment and strong community spirit.
Current Market Conditions in Mankato, KS
The real estate market in Mankato has been steady, with a modest increase in property values over the past year. As more people seek a quieter lifestyle away from urban centers, Mankato has seen a growing interest in its homes, especially among families and retirees looking for affordable housing options.
Despite being a small town, Mankato’s housing market presents a variety of options, from quaint single-family homes to larger properties with expansive farmland. The demand for homes has led to competitive pricing, yet Mankato remains affordable compared to larger cities.
Home Value Estimator For Mankato, KS
There are currently 625 real estate properties
in Mankato, KS,
with a median automated valuation model (AVM) price
of $92,700.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mankato, KS, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Mankato, KS,
is $130,425.00, with the most expensive house
in Mankato, KS, topping out
at $1,395,734.00 and the cheapest home
in Mankato, KS,
clocking in at $19,700.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mankato, KS!
Rent Prices
In Mankato, KS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mankato, KS, is on
a rollercoaster ride. The
average rent price in Mankato, KS,
is $1,161.00. Indeed, when looking to rent in
Mankato, KS, you can expect to pay as little
as $780.00 or as much
as $1,580.00,
with the average rent median estimated to
be $1,100.00. The good news is that finding
an affordable and desirable property to rent in Mankato, KS
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
