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Mankato, MN Housing

 
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As of 2010-2014, median price of a house in Mankato is $151,100, which is lower than the state average of $185,200 and is lower than the national average of $175,700. The Mankato median house value has grown by 55.13% since 2000. The growth rate for the price of a house in Mankato is higher than the state average rate of 51.31% and is higher than the national average rate of 46.91%. The median year that a house in Mankato was built is 1973, which is older than the median year for a house built in the state which is 1975 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 8,312 Owner Occupied Houses in Mankato, MN, #243
Mankato, MN
151,100 USD
Minnesota
185,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #432
Mankato, MN
55.13%
Minnesota
51.31%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Mankato, MNMinnesotaU.S.
Total Housing Units16,368, see rank, 100%2,364,149132,741,033
Occupied Housing Units15,351, 93.79%, see rank89.48%87.55%
Owner Occupied8,312, 50.78%, see rank64.51%56.34%
Renter Occupied7,039, 43.00%, see rank24.96%31.21%
Vacant Housing Units1,017, 6.21%, see rank10.52%12.45%
For Rent484, 2.96%, see rank1.22%2.34%
For Sale Only23, 0.14%, see rank0.96%1.20%
Rented or Sold, Not Occupied184, 1.12%, see rank0.68%0.92%
For Seasonal, Recreational, or Occasional Use11, 0.07%, see rank5.29%3.97%
For Migrant Workers0, 0.00%, see rank0.01%0.03%
Other Vacant315, 1.92%, see rank2.36%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #303
Mankato, MNMinnesotaU.S.
197319751976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Mankato, MN%MinnesotaU.S.
Owner-Occupied Units8,312100%1,525,20174,787,460
With a Mortgage5,58167.14%, see rank68.78%65.58%
Without a Mortgage2,73132.86%, see rank31.22%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Mankato, MN
1,271 USD
Minnesota
1,526 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsMankato, MN%MinnesotaU.S.
$299 or Less00.00%, see rank0.18%0.20%
$300 to $499831.49%, see rank1.30%1.59%
$500 to $6992213.96%, see rank4.08%5.01%
$700 to $99997917.54%, see rank12.50%14.32%
$1,000 to $1,4992,55245.73%, see rank30.43%27.90%
$1,500 to $1,9991,25422.47%, see rank25.36%20.35%
$2,000 to $2,9994067.27%, see rank19.32%19.52%
$3,000 or More861.54%, see rank6.84%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Mankato, MN
22.10% of the Total Income
Minnesota
22.50% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Mankato, MN%MinnesotaU.S.
10% or Less2634.71%, see rank6.13%5.86%
10% to 20%2,05136.75%, see rank35.03%31.95%
20% to 30%1,81632.54%, see rank30.01%27.64%
30% to 40%78214.01%, see rank12.88%13.74%
40% or More66911.99%, see rank15.67%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Mankato, MN
389 USD
Minnesota
475 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsMankato, MN%MinnesotaU.S.
$199 or Less1485.42%, see rank4.45%7.76%
$200 to $29953019.41%, see rank10.96%14.70%
$300 to $4991,39050.90%, see rank39.99%34.63%
$500 to $69956420.65%, see rank27.38%21.16%
$700 or More993.63%, see rank17.23%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Mankato, MN
10.50% of the Total Income
Minnesota
11.50% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Mankato, MN%MinnesotaU.S.
10% or Less1,31348.08%, see rank43.57%40.19%
10% to 20%76427.98%, see rank31.28%31.47%
20% to 30%35713.07%, see rank11.58%12.24%
30% to 40%1455.31%, see rank5.05%5.64%
40% or More1425.20%, see rank7.69%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Mankato, MNMinnesotaU.S.
Total Housing Units16,368, 100%2,364,149132,741,033
1-unit, Detached8,098, 49.47%, see rank67.25%61.65%
1-unit, Attached987, 6.03%, see rank7.45%5.82%
2 Units663, 4.05%, see rank2.34%3.75%
3 or 4 Units865, 5.28%, see rank2.08%4.43%
5 to 9 Units1,389, 8.49%, see rank2.23%4.78%
10 or More Units3,491, 21.33%, see rank15.14%13.08%
Mobile Home, Boat, RV, Van, etc.875, 5.35%, see rank3.52%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Mankato, MNMinnesotaU.S.
Total Housing Units16,368, 100%2,364,149132,741,033
1 Room335, 2.05%, see rank1.54%1.95%
2 Rooms583, 3.56%, see rank2.83%2.48%
3 Rooms1,752, 10.70%, see rank9.20%9.13%
4 Rooms3,363, 20.55%, see rank14.05%16.60%
5 Rooms2,516, 15.37%, see rank15.52%20.41%
6 Rooms2,617, 15.99%, see rank14.98%18.06%
7 Rooms1,670, 10.20%, see rank12.86%12.27%
8 Rooms1,569, 9.59%, see rank11.01%8.48%
9 Rooms or More1,963, 11.99%, see rank18.01%10.60%
Median Rooms5.40, see rank6.005.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Mankato, MNMinnesotaU.S.
Total Housing Units16,368, 100%2,364,149132,741,033
No Bedroom374, 2.28%, see rank1.76%2.17%
1 Bedroom2,432, 14.86%, see rank11.71%11.16%
2 Bedrooms4,797, 29.31%, see rank26.64%26.69%
3 Bedrooms4,747, 29.00%, see rank34.15%39.70%
4 Bedrooms3,058, 18.68%, see rank19.81%16.05%
5 or More Bedrooms960, 5.87%, see rank5.94%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Mankato, MNMinnesotaU.S.
Total Housing Units15,351, 100%2,115,337116,211,092
Utility Gas12,255, 79.83%, see rank66.78%48.85%
Bottled, Tank, or LP Gas331, 2.16%, see rank10.05%4.86%
Electricity2,399, 15.63%, see rank16.13%36.68%
Fuel Oil, Kerosene, etc.51, 0.33%, see rank2.62%5.86%
Coal or Coke0, 0.00%, see rank0.03%0.12%
Wood27, 0.18%, see rank2.55%2.12%
Solar Energy20, 0.13%, see rank0.02%0.05%
Other Fuel203, 1.32%, see rank1.17%0.47%
No Fuel Used65, 0.42%, see rank0.65%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalMankato, MNMinnesotaU.S.
Occupied Units Paying Rent6,803, 100%562,19839,201,928
$199 or Less106, 1.56%, see rank2.46%1.50%
$200 to $299237, 3.48%, see rank4.66%3.18%
$300 to $499820, 12.05%, see rank9.32%7.37%
$500 to $6991,985, 29.18%, see rank17.06%16.01%
$700 to $9991,959, 28.80%, see rank33.30%29.17%
$1,000 to $1,4991,083, 15.92%, see rank23.49%26.88%
$1,500 to $1,999535, 7.86%, see rank7.02%9.79%
$2,000 or More78, 1.15%, see rank2.69%6.10%
Median$730, see rank$835$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Mankato, MNMinnesotaU.S.
Occupied Housing Units15,351, 100%2,115,337116,211,092
No Vehicles Available1,374, 8.95%, see rank7.25%9.12%
1 Vehicles Available5,058, 32.95%, see rank30.11%33.80%
2 Vehicles Available6,244, 40.67%, see rank40.67%37.48%
3 or More Vehicles Available2,675, 17.43%, see rank21.97%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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