County market report · FIPS 27103
Nicollet County, MN
Mankato, MN · Population 34,482 (Census V2020 est.)
Typical value
$312,313
Sep 2026
1M
-0.1%
3M
-0.2%
12M
+3.0%
5Y
+25.1%
10Y
+68.8%
From peak
-0.2%
Peak $312,843 · Jun 2026
Rank US / state
1491 / 53
by 12M change
Zillow Home Value Index
Source: Zillow Home Value Index (ZHVI), all homes, smoothed & seasonally adjusted · data through Sep 2026.
Inflection signal
Price-OnlyB · Early Warning
r3-0.17%p3+0.44%Acceleration-0.61ppMonths persisting1Evidence (Price-Only)48/100
Inventory, sales & days on market — Phase 2
Supply and demand confirmation is not yet available.
Yearly values (December)
| Year | ZHVI (Dec) | YoY change |
|---|---|---|
| 2025 | $308,124 | +6.2% |
| 2024 | $290,246 | +3.2% |
| 2023 | $281,265 | +3.6% |
| 2022 | $271,424 | +7.4% |
| 2021 | $252,839 | +9.0% |
| 2020 | $232,042 | +6.8% |
| 2019 | $217,310 | +5.6% |
| 2018 | $205,778 | +4.0% |
| 2017 | $197,939 | +5.0% |
| 2016 | $188,505 | +6.6% |
| 2015 | $176,754 | +4.0% |
| 2014 | $169,913 | +1.1% |
| 2013 | $168,127 | +3.9% |
| 2012 | $161,817 | +1.8% |
| 2011 | $159,004 | -3.3% |
| 2010 | $164,369 | -1.2% |
| 2009 | $166,284 | -6.2% |
| 2008 | $177,216 | -3.1% |
| 2007 | $182,973 | -2.9% |
| 2006 | $188,382 | +0.0% |
| 2005 | $188,346 | +5.5% |
| 2004 | $178,549 | +5.3% |
| 2003 | $169,593 | — |