Active Listings
16
⇧ 6.7% vs 15 last year
Population: 3,062 · Density: 29.5/mi² · Median household income: $109,139
Typical home value: $376,580 · Homeownership: 84.8%
Data as of January 2026. Source: Realtor.com.
The MADISON LAKE, MN real estate market (56063) currently shows 16 active listings, with 4 pending sales. Homes are averaging 114 days on the market before going under contract.
Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 114 days on market compared to 79 days last year.
The median listing price has fallen 30.4% year-over-year, from $412,400 to $286,950.
Whether you are buying or selling in MADISON LAKE, 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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56063 | Madison Lake, MN 56063 | 0.0 mi | 16 | $7,140,656 | $286,950 | $446,291 |
| 56028 | Elysian, MN 56028 | 5.3 mi | 3 | $1,739,700 | $579,900 | $579,900 |
| 56050 | Kasota, MN 56050 | 7.0 mi | 3 | $1,192,200 | $397,400 | $397,400 |
| 56048 | Janesville, MN 56048 | 9.9 mi | 6 | $2,123,226 | $297,450 | $353,871 |
| 56096 | Waterville, MN 56096 | 10.9 mi | 13 | $4,285,099 | $267,450 | $329,623 |
| 56003 | Mankato, MN 56003 | 13.4 mi | 27 | $11,610,000 | $359,900 | $430,000 |
| 56052 | Kilkenny, MN 56052 | 14.7 mi | 3 | $1,138,350 | $379,450 | $379,450 |
| 56058 | Le Sueur, MN 56058 | 16.3 mi | 16 | $6,688,800 | $400,000 | $418,050 |
| 56093 | Waseca, MN 56093 | 18.4 mi | 23 | $5,717,271 | $219,900 | $248,577 |
| 56069 | Montgomery, MN 56069 | 19.1 mi | 30 | $10,583,850 | $345,400 | $352,795 |
| 56074 | Nicollet, MN 56074 | 20.3 mi | 5 | $1,839,875 | $381,950 | $367,975 |
| 56055 | Lake Crystal, MN 56055 | 22.1 mi | 17 | $4,326,194 | $219,900 | $254,482 |
| 56068 | Minnesota Lake, MN 56068 | 24.5 mi | 3 | $452,250 | $150,750 | $150,750 |
As of January 2026, there are 16 active listings in MADISON LAKE, MN (zip code 56063), compared to 15 the prior year.
The median listing price in MADISON LAKE, MN 56063 is $286,950 as of January 2026, a 30.4% decrease from $412,400 the prior year.
Homes in MADISON LAKE, MN 56063 spend an average of 114 days on the market before going under contract, compared to 79 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MADISON LAKE, MN 56063 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 114 days on market compared to 79 days last year.
With SELL123.com's maximum 3% commission, sellers in MADISON LAKE, MN 56063 save an estimated $5,739 compared to a typical 5% commission on the median listing price of $286,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.