Median home value in zip code 56001 (Mankato, MN) is $294,965, up 4.1% year over year. Part of the Mankato, MN metropolitan area.

Home Value$294,965

YoY Change

+4.1%

Prices rising — worse for buyers.

Affordability

Enter your income for 56001 (Mankato).

Income (annual)

Down Payment

$58,993 on $294,965

Example: $75,000 household income. Change it above to see your own.

Stretch30.7% of income

Above 28% but manageable with cuts.

PITI$1,917

P/I30.7%

Afford$269K

Gap-$26K

P&I $1,492Tax $275Ins $150

6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

56001 is part of the Mankato, MN metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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