Skyline, MN housing market
The typical Skyline home is worth about $353,000, up 1.9% in a year, close to the Minnesota typical home.
Home values, sales, trends and how Skyline compares with the towns next door — updated as new data is published.
Skyline at a glance
Typical home value, 2016–2026
Show as a table
| January | Skyline | Minnesota |
|---|---|---|
| 2017 | $202,000 | $217,000 |
| 2018 | $212,000 | $232,000 |
| 2019 | $228,000 | $246,000 |
| 2020 | $252,000 | $259,000 |
| 2021 | $264,000 | $282,000 |
| 2022 | $299,000 | $313,000 |
| 2023 | $322,000 | $325,000 |
| 2024 | $326,000 | $331,000 |
| 2025 | $341,000 | $341,000 |
| 2026 | $352,000 | $349,000 |
| August 2026 | $353,000 | $351,000 |
Skyline and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Skyline | $353K | +1.9% | $1,290 | — | $71,875 |
| Mankato | — | +3.5%† | $1,280 | 181 | $66,873 |
| Mankato | $305K | +1.6% | $1,300 | 0 | $113,269 |
| South Bend | — | +3%† | $1,260 | — | $87,500 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,290
HUD's Fair Market Rent for a two-bedroom in Skyline is $1,290 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $1,070 · 4 bedrooms $2,110
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (56001; Mankato, MN MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.