Madison Lake, MN Housing Market

The Madison Lake housing market is somewhat competitive. The median sale price of a home in Madison Lake was $79.5K last month, down 72.6% since last year. The median sale price per square foot in Madison Lake is $138, down 35.2% since last year.

Trends
Demand
Migration
Schools
Climate

Madison Lake Housing Market Trends

What is the housing market like in Madison Lake today?

$79.5K

Sale Price

-72.6%
since last year

$138

Sale $/Sq. Ft.

-35.2%
since last year

Under List Price

0.8%

Days on Market

63.5

Down Payment

—

Total Homes Sold

To compare other locations to the Madison Lake and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Madison Lake add value to a home.

How hot is the Madison Lake housing market?

Madison Lake is somewhat competitive. Homes sell in 63.5 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 64 days.
Hot homes
can sell for around list price and go pending in around 11 days.

Compare With Nearby Cities

Mankato

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 45 days.
Hot homes
can sell for around list price and go pending in around 13 days.

North Mankato

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for around list price and go pending in around 35 days.
Hot homes
can sell for about 3% above list price and go pending in around 9 days.

See more nearby cities and neighborhoods

Madison Lake Migration & Relocation Trends

No data on migration and relocation available in this area right now

Learn about migration trends in nearby cities

View houses in Madison Lake that sold recently

Recently sold homes

SOLD JAN 14, 2025
$656,000 Last Sold Price
2 beds
3 baths
—sq ft
61630 Nutmeg Rd, Madison Lake, MN 56063
List Price
$650,000
Sale to List
1% over list
Days on Market
214 days
61630 Nutmeg Rd, Madison Lake, MN 56063
SOLD DEC 20, 2024
$79,500 Last Sold Price
1 bed
1 bath
576 sq ft
212 Clydette Dr, Madison Lake, MN 56063
List Price
$79,500
Sale to List
0% over list
Days on Market
67 days
212 Clydette Dr, Madison Lake, MN 56063
SOLD DEC 19, 2024
$330,000 Last Sold Price
2 beds
1 bath
—sq ft
26904 Sioux Trl, Madison Lake, MN 56063
List Price
$329,900
Sale to List
0% over list
Days on Market
140 days
26904 Sioux Trl, Madison Lake, MN 56063
SOLD DEC 10, 2024
$353,000 Last Sold Price
3 beds
1 bath
—sq ft
47383 Ridgetop Rd, Washington Twp, MN 56063
List Price
$349,900
Sale to List
1% over list
Days on Market
32 days
47383 Ridgetop Rd, Washington Twp, MN 56063
SOLD DEC 6, 2024
$821,500 Last Sold Price
4 beds
2.5 baths
3,080 sq ft
102 East Bay Dr, Madison Lake, MN 56063
List Price
$849,900
Sale to List
3% under list
Days on Market
126 days
102 East Bay Dr, Madison Lake, MN 56063
SOLD DEC 4, 2024
$735,000
4 beds
1 bath
2,941 sq ft
141 N Duck Lake Ave, Madison Lake, MN 56063
List Price
—
Sale to List
—
Days on Market
—
141 N Duck Lake Ave, Madison Lake, MN 56063
SOLD NOV 27, 2024
$625,000
5 beds
2 baths
1,040 sq ft
4532 Washington Blvd, Madison Lake, MN 56063
List Price
—
Sale to List
—
Days on Market
—
4532 Washington Blvd, Madison Lake, MN 56063
SOLD NOV 25, 2024
$279,900 Last Sold Price
2 beds
2 baths
—sq ft
1109 Sakatah Ct, Madison Lake, MN 56063
List Price
$282,900
Sale to List
1% under list
Days on Market
420 days
1109 Sakatah Ct, Madison Lake, MN 56063
See all recently sold homes in Madison Lake.
See listings

Schools in Madison Lake

Learn about schools in the Madison Lake area

Elementary
Middle
High

GreatSchools Rating

No elementary schools in this region.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Madison Lake housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Madison Lake.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Minor

88% of properties are at minor risk of heat over the next 30 years

Provided by First Street Foundation

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Madison Lake, MN Housing Market

Madison Lake Housing Market Trends

How hot is the Madison Lake housing market?

Madison Lake Migration & Relocation Trends

View houses in Madison Lake that sold recently

Recently sold homes

Schools in Madison Lake

GreatSchools Rating

No elementary schools in this region.

Climate's impact on Madison Lake housing

Flood Factor - Minor

Flood Factor

Fire Factor - Minor

Fire Factor

Wind Factor - Minor

Wind Factor

Heat Factor - Minor

Heat Factor

More real estate resources for Madison Lake

Zip Code Housing Markets

Nearby City Housing Markets

Zip Code Listings

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Rentals