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City / Town Overview

Madison, MN

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
April 2026  ·  Source: Realtor.com

Market Analysis

Data as of April 2026. Source: Realtor.com.

The Madison, MN real estate market currently shows 13 active listings, with 6 pending sales. Homes are averaging 120 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 120 days on market compared to 16 days last year.

The median listing price has fallen 9.8% year-over-year, from $193,625 to $174,725.

Whether you are buying or selling in Madison, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 2,358  ·  Density: 3.9/mi²  ·  Median household income: $56,728

Typical home value: $109,713  ·  Homeownership: 78.6%

Included Areas

Madison: 56256

Area Map

Market Overview

Active Listings
13
⇧ 160% vs 5 last year
Pending
6
46% pending ratio
Median Price
$174,725
⇩ 9.8% vs $193,625 last year
Average Price
$201,046
⇧ 1.2% vs $198,645 last year
Days on Market
120
⇧ 650% vs 16 days last year

Price Per Square Foot

Median $/sqft
$116
⇧ 45% vs $80/sqft last year
Median Home Size
1,766 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %