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The median home value in North Mankato, MN is $318,596 as of 2026-07-31, up 3.99% from a year earlier.
Median Home Value
$318,596
Year-over-Year
+3.99%
Population
14,021
North Mankato ranks #76 of 112 Minnesota cities tracked here by median home value, and sits 10.5% below the state's city median of $355,920. It sits in Nicollet County, where the county-wide median is $320,010.
Median household income in North Mankato is $80,791, so the typical home value is about 3.9× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.
Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).
North Mankato police recorded a violent crime rate of 150 per 100,000 residents in 2024 — around the middle of the range for reporting cities. Property crime runs at 849 per 100,000.
Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).
People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In North Mankato, that value is $318,596. That's up 3.99% from a year earlier. It is about 10.5% below the typical Minnesota city tracked here.
Homes in North Mankato are cheaper than Nicollet County as a whole, where the median is $320,010 — a difference of about 0.4%.
Median household income here is $80,791, so the typical home value is about 3.9× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.
North Mankato police reported 150 violent crimes per 100,000 residents, covering a population of about 14,021. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.
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