Median home value in zip code 56003 (North Mankato, MN) is $314,225, up 5.5% year over year. Part of the Mankato, MN metropolitan area.

Home Value$314,225

YoY Change

+5.5%

Prices rising — worse for buyers.

Affordability

Enter your income for 56003 (North Mankato).

Income (annual)

Down Payment

$62,845 on $314,225

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

Stretch32.5% of income

Above 28% but manageable with cuts.

PITI$2,032

P/I32.5%

Afford$271K

Gap-$44K

P&I $1,589Tax $293Ins $150

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

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

Metro Analysis

56003 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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