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Nicollet County Home Values and Market Report

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LakeMinnetonkaRealEstate.com
Report prepared by LakeMinnetonkaRealEstate.com
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Market at a glance

Over the last 12 months, homes sold for 98.4% of list price in 80 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $363K Sold · $338K
$410K$350K$290K$230K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 25 sales in May. Last month: 17.

Where the market stands

All homes in this report, by status.

277homes
Active73 · 26%
Under contract16 · 6%
Sold (12 mo)188 · 68%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

3.6months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$494K
Under contract$271K
Sold$322K

Average days on market

Active145 days
Under contract71 days
Sold80 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 73
Average list price $493,615
Avg. days on market 145 days
Avg. price per ft² $181 Based on 50 of 73 homes
Avg. living area 2,248 ft² Based on 50 of 73 homes
Avg. beds / baths 4.0 / 2.8

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

23 homes didn’t report living area and aren’t shown.

1 home is larger or pricier than this chart’s scale and isn’t shown.

$900K$600K$300K$0

Price vs. living area: 49 homes plotted, up to $900K and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

20 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

52621 Valley View Circle$714
11 South Pointe Court$425
42335 541st Avenue$289
39243 561st Avenue$286
2156 Deerwood Drive$274
10 Sunset Court$271
1088 Cullen Street$230

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
426 Forest Heights DriveNorth Mankato, MN 56003 341,589$350,000$2201 day
822 Wall StreetNorth Mankato, MN 56003 321,789$249,000$1392 days
706 Ash StreetNicollet, MN 56074 433,233$479,900$1485 days
40499 520th StreetNorth Mankato, MN 56003 321,760$345,000$1964 days
2121 Red Tail LaneNorth Mankato, MN 56003 331,732$374,000$2158 days
532 Range StreetNorth Mankato, MN 56003 532,214$249,900$1128 days
331 Stone RoadCourtland, MN 56021 ———$270,000—11 days
343 Tumbler StreetCourtland, MN 56021 ———$197,500—11 days
26 Shannon CourtNorth Mankato, MN 56003 633,494$509,900$14512 days
480 11th StreetLafayette, MN 56054 411,523$219,000$14316 days
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These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.