The housing market in Mankato township, MN is exceptionally strong compared to the US average. The median house value in Mankato township is $489,100, which is significantly higher than the US median house value of $338,100. Additionally, the one year average appreciation rate for houses in Mankato township is 11.33%, much higher than the 8.27% appreciation rate seen nationally. This suggests that the housing market in Mankato township has been booming over the past year and could continue to remain strong moving forward.
The median home cost in Mankato township is $489,100. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Mankato township is up 11.6%.
Average Age of Homes
- The median age of Mankato township real estate is 36 years old
The Rental Market in Mankato township
- Renters make up 3.1% of the Mankato township population
- 0.0% of houses and apartments in Mankato township, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.