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Mankato, North Mankato Metro Area Housing

 

As of 2010-2014, median price of a house in Mankato, North Mankato Area is $163,300, which is lower than the state average of $185,200 and is lower than the national average of $175,700. The median year that a house in Mankato, North Mankato Area 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 25,346 Owner Occupied Houses in Mankato, North Mankato Area, #221
Mankato, North Mankato Area
163,300 USD
Minnesota
185,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2005-2009, see rank
Mankato, North Mankato Area
-0.49%
Minnesota
51.31%
U.S.
46.91%

*The Mankato, North Mankato Area median house price growth rate is since 2005-2009. The Minnesota and U.S population growth rate is since 2000.
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, North Mankato AreaMinnesotaU.S.
Total Housing Units39,652, see rank, 100%2,364,149132,741,033
Occupied Housing Units37,129, 93.64%, see rank89.48%87.55%
Owner Occupied25,346, 63.92%, see rank64.51%56.34%
Renter Occupied11,783, 29.72%, see rank24.96%31.21%
Vacant Housing Units2,523, 6.36%, see rank10.52%12.45%
For Rent691, 1.74%, see rank1.22%2.34%
For Sale Only195, 0.49%, see rank0.96%1.20%
Rented or Sold, Not Occupied228, 0.58%, see rank0.68%0.92%
For Seasonal, Recreational, or Occasional Use382, 0.96%, see rank5.29%3.97%
For Migrant Workers0, 0.00%, see rank0.01%0.03%
Other Vacant1,027, 2.59%, see rank2.36%4.00%

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

Year Structure Built

Median Built Year, #525
Mankato, North Mankato AreaMinnesotaU.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, North Mankato Area%MinnesotaU.S.
Owner-Occupied Units25,346100%1,525,20174,787,460
With a Mortgage16,67965.81%, see rank68.78%65.58%
Without a Mortgage8,66734.19%, 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, North Mankato Area
1,337 USD
Minnesota
1,526 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsMankato, North Mankato Area%MinnesotaU.S.
$299 or Less130.08%, see rank0.18%0.20%
$300 to $4992051.23%, see rank1.30%1.59%
$500 to $6996744.04%, see rank4.08%5.01%
$700 to $9992,82216.92%, see rank12.50%14.32%
$1,000 to $1,4996,77340.61%, see rank30.43%27.90%
$1,500 to $1,9993,97523.83%, see rank25.36%20.35%
$2,000 to $2,9991,77410.64%, see rank19.32%19.52%
$3,000 or More4432.66%, see rank6.84%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Mankato, North Mankato Area
22.00% 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, North Mankato Area%MinnesotaU.S.
10% or Less9635.77%, see rank6.13%5.86%
10% to 20%6,16636.97%, see rank35.03%31.95%
20% to 30%5,11430.66%, see rank30.01%27.64%
30% to 40%2,34514.06%, see rank12.88%13.74%
40% or More2,04512.26%, 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, North Mankato Area
432 USD
Minnesota
475 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsMankato, North Mankato Area%MinnesotaU.S.
$199 or Less4495.18%, see rank4.45%7.76%
$200 to $2991,19913.83%, see rank10.96%14.70%
$300 to $4994,06446.89%, see rank39.99%34.63%
$500 to $6992,08524.06%, see rank27.38%21.16%
$700 or More87010.04%, see rank17.23%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Mankato, North Mankato Area
10.10% 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, North Mankato Area%MinnesotaU.S.
10% or Less4,28349.42%, see rank43.57%40.19%
10% to 20%2,59429.93%, see rank31.28%31.47%
20% to 30%8409.69%, see rank11.58%12.24%
30% to 40%4585.28%, see rank5.05%5.64%
40% or More4565.26%, 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, North Mankato AreaMinnesotaU.S.
Total Housing Units39,652, 100%2,364,149132,741,033
1-unit, Detached26,025, 65.63%, see rank67.25%61.65%
1-unit, Attached1,999, 5.04%, see rank7.45%5.82%
2 Units1,160, 2.93%, see rank2.34%3.75%
3 or 4 Units1,606, 4.05%, see rank2.08%4.43%
5 to 9 Units1,996, 5.03%, see rank2.23%4.78%
10 or More Units4,862, 12.26%, see rank15.14%13.08%
Mobile Home, Boat, RV, Van, etc.2,004, 5.05%, see rank3.52%6.49%

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

Rooms

 Mankato, North Mankato AreaMinnesotaU.S.
Total Housing Units39,652, 100%2,364,149132,741,033
1 Room415, 1.05%, see rank1.54%1.95%
2 Rooms978, 2.47%, see rank2.83%2.48%
3 Rooms2,779, 7.01%, see rank9.20%9.13%
4 Rooms6,220, 15.69%, see rank14.05%16.60%
5 Rooms6,002, 15.14%, see rank15.52%20.41%
6 Rooms6,205, 15.65%, see rank14.98%18.06%
7 Rooms5,147, 12.98%, see rank12.86%12.27%
8 Rooms4,634, 11.69%, see rank11.01%8.48%
9 Rooms or More7,272, 18.34%, see rank18.01%10.60%
Median Rooms6.10, see rank6.005.50

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

Bedrooms

 Mankato, North Mankato AreaMinnesotaU.S.
Total Housing Units39,652, 100%2,364,149132,741,033
No Bedroom483, 1.22%, see rank1.76%2.17%
1 Bedroom3,977, 10.03%, see rank11.71%11.16%
2 Bedrooms10,455, 26.37%, see rank26.64%26.69%
3 Bedrooms13,540, 34.15%, see rank34.15%39.70%
4 Bedrooms8,546, 21.55%, see rank19.81%16.05%
5 or More Bedrooms2,651, 6.69%, see rank5.94%4.22%

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

House Heating Fuel

 Mankato, North Mankato AreaMinnesotaU.S.
Total Housing Units37,129, 100%2,115,337116,211,092
Utility Gas25,495, 68.67%, see rank66.78%48.85%
Bottled, Tank, or LP Gas5,004, 13.48%, see rank10.05%4.86%
Electricity4,705, 12.67%, see rank16.13%36.68%
Fuel Oil, Kerosene, etc.672, 1.81%, see rank2.62%5.86%
Coal or Coke0, 0.00%, see rank0.03%0.12%
Wood654, 1.76%, see rank2.55%2.12%
Solar Energy25, 0.07%, see rank0.02%0.05%
Other Fuel430, 1.16%, see rank1.17%0.47%
No Fuel Used144, 0.39%, see rank0.65%1.00%

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

Gross Rent

Monthly RentalMankato, North Mankato AreaMinnesotaU.S.
Occupied Units Paying Rent11,231, 100%562,19839,201,928
$199 or Less307, 2.73%, see rank2.46%1.50%
$200 to $299407, 3.62%, see rank4.66%3.18%
$300 to $4991,345, 11.98%, see rank9.32%7.37%
$500 to $6993,061, 27.25%, see rank17.06%16.01%
$700 to $9993,402, 30.29%, see rank33.30%29.17%
$1,000 to $1,4991,735, 15.45%, see rank23.49%26.88%
$1,500 to $1,999720, 6.41%, see rank7.02%9.79%
$2,000 or More254, 2.26%, see rank2.69%6.10%
Median$736, see rank$835$920

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

Vehicle Available

 Mankato, North Mankato AreaMinnesotaU.S.
Occupied Housing Units37,129, 100%2,115,337116,211,092
No Vehicles Available2,164, 5.83%, see rank7.25%9.12%
1 Vehicles Available10,790, 29.06%, see rank30.11%33.80%
2 Vehicles Available15,581, 41.96%, see rank40.67%37.48%
3 or More Vehicles Available8,594, 23.15%, see rank21.97%19.61%

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


 
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