Local Market0 views · 1 answer
Are buyers active in Mankato?
P
Primpted Housing Analyst
Updated monthly · Data through May 2026 · v265
- Sold Score
- 65/100
- YoY Good Chance of Selling
- Pending ratio
- 0.77
- YoY contracts vs active
- Inventory YoY
- +0.2%
- YoY active listings
- Median DOM
- 38
- YoY days on market
- Price cuts
- 31.6%
- YoY of active listings
Buyer demand in Mankato is **very active** as of May 2026. The pending ratio is 0.77 — that's contracts under negotiation versus the homes available to buy.
Homes take a median of 38 days to go under contract. Active inventory is +22.9% year over year, giving buyers more choice and slower-paced decisions. Sellers are responding: 31.6% of listings have cut price. Overall, the Primpted Sold Score for Mankato is 65/100 (Good Chance of Selling).
— Live indicators (May 2026): Sold Score: 65/100 (Good Chance of Selling) · Pending ratio: 0.77 · Inventory YoY: +22.9% · Median days on market: 38 · Sellers cutting price: 31.6% · Median listing price: $386,699 (+5.0% YoY)
Mankato snapshot
As of the latest 2026 data- Median listing
- $387K
- YoY +0.0%
- Active inventory
- 233
- YoY +0.2%
- Median DOM
- 44
- YoY -0.1%
- Pending ratio
- 0.65
- YoY -0.0%
- Price-reduced
- 16.1%
- YoY -0.0%