Madison Lake, MN Housing Market
The Madison Lake housing market is somewhat competitive. The median sale price of a home in Madison Lake was $280K last month, up 0.9% since last year. The median sale price per square foot in Madison Lake is $154, up 30.5% since last year.
Madison Lake Housing Market Trends
since last year
since last year
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How hot is the Madison Lake housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
- Some homes get multiple offers.
- The average homes sell for about 3% below list price and go pending in around 56 days.
- Hot homescan sell for about 1% above list price and go pending in around 15 days.
Madison Lake Migration & Relocation Trends
Home offer insights for Madison Lake
Recent offers
View houses in Madison Lake that sold recently
Recently sold homes
- $320,500 Last Sold Price3 beds2 baths—sq ft63 Balsam Ln, Madison Lake, MN 56063List Price$315,900Sale to List1% over listDays on Market67 days63 Balsam Ln, Madison Lake, MN 56063
- $440,000 Last Sold Price3 beds1 bath—sq ft46 Lake Ave, Madison Lake, MN 56063List Price$449,950Sale to List2% under listDays on Market86 days46 Lake Ave, Madison Lake, MN 56063
- $385,000 Last Sold Price—beds—baths—sq ft5502 N Shore Ct, Madison Lake, MN 56063List Price$399,900Sale to List4% under listDays on Market80 days5502 N Shore Ct, Madison Lake, MN 56063
- $351,500 Last Sold Price3 beds3 baths—sq ft664 Tomahawk Ct, Madison Lake, MN 56063List Price$349,900Sale to List0% over listDays on Market318 days664 Tomahawk Ct, Madison Lake, MN 56063
- $225,000 Last Sold Price3 beds3 baths—sq ft1051 Sakatah Ct, Madison Lake, MN 56063List Price$230,000Sale to List2% under listDays on Market146 days1051 Sakatah Ct, Madison Lake, MN 56063
- $280,000 Last Sold Price3 beds3 baths—sq ft610 Tomahawk Ct, Madison Lake, MN 56063List Price$294,700Sale to List5% under listDays on Market155 days610 Tomahawk Ct, Madison Lake, MN 56063
- $459,000 Last Sold Price5 beds3 baths—sq ft55 Balsam Cir, Madison Lake, MN 56063List Price$459,000Sale to List0% over listDays on Market188 days55 Balsam Cir, Madison Lake, MN 56063
- $166,6661 bed1 bath648 sq ft26722 Sioux Trl, Madison Lake, MN 56063Days on Market—26722 Sioux Trl, Madison Lake, MN 56063
See all recently sold homes in Madison Lake.
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Schools in Madison Lake
- Elementary
- Middle
- High
GreatSchools Rating
No elementary schools in this region.
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.
Flood Factor - Minor
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Minimal
Wind Factor
Heat Factor - Minor
Heat Factor
Transportation in Madison Lake
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