56001 — Mankato, MN Home Values
Typical home value $307,379 as of June 2026 · 6th of 22 in Mankato, MN
Blue: typical home value (Zillow ZHVI) in ZIP code 56001, June 2021 to June 2026. This page shows observed data only; no forecast.
How 56001 compares in the Mankato, MN area
ZIP code 56001 (Mankato, MN) has a typical home value of $307,379 as of June 2026, ranking 6th of 22 ZIP codes tracked in the Mankato, MN area, more expensive than about 77% of ZIP codes in the metro. Prices here have moved +2.5% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +26.2%, from $243,509 in June 2021 to $307,379 in June 2026. Against observed rent, the typical home here sells for 20.6× the annual rent ($1,241/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Mankato, MN forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Mankato.
Population and demographics
ZIP code 56001 has a population of 50,960, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 83.8% White, 6.1% Black or African American, 4.5% Hispanic or Latino, 3.3% Asian, 2% two or more races, 0.1% American Indian or Alaska Native, 0.1% Native Hawaiian or Pacific Islander, and 0.1% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Rosa Parks Elementary | 1001 HERON DR, MANKATO, MN | 0.6 mi |
| Mankato Schools Center for Learning | 15 MAP DR, MANKATO, MN | 1.2 mi |
| Prairie Winds Middle School | 1200 PRAIRIE WINDS DR, MANKATO, MN | 2.2 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 56001?
$307,379 as of June 2026, the latest month Zillow has published observed data for.
Is 56001 an expensive ZIP code in the Mankato, MN area?
56001 ranks 6th of 22 ZIP codes in the Mankato, MN area by typical home value, more expensive than about 77% of ZIP codes in the metro.
How much have home values in 56001 changed over the past year?
+2.5% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 56001?
The typical home price is 20.6× the observed annual rent in this ZIP code ($1,241/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 56001?
50,960, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 56001?
Rosa Parks Elementary (0.6 mi), Mankato Schools Center for Learning (1.2 mi), Prairie Winds Middle School (2.2 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 56001?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Mankato, MN forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.