Data as of June 2026. Source: Realtor.com.
The MADISON LAKE, MN real estate market (56063) currently shows 38 active listings, with 14 pending sales. Homes are averaging 52 days on the market before going under contract.
Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice.
Homes are selling faster, averaging 52 days on market compared to 56 days last year.
The median listing price has risen 40.1% year-over-year, from $485,400 to $679,950.
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.
Population: 3,062 · Density: 29.5/mi² · Median household income: $109,139
Typical home value: $376,580 · Homeownership: 84.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56063 | Madison Lake, MN 56063 | 0.0 mi | 17 | $7,771,125 | $393,750 | $457,125 |
| 56028 | Elysian, MN 56028 | 5.3 mi | 4 | $2,978,768 | $777,175 | $744,692 |
| 56050 | Kasota, MN 56050 | 7.0 mi | 5 | $2,024,500 | $384,900 | $404,900 |
| 56048 | Janesville, MN 56048 | 9.9 mi | 7 | $2,631,356 | $321,975 | $375,908 |
| 56096 | Waterville, MN 56096 | 10.9 mi | 14 | $5,362,000 | $297,500 | $383,000 |
| 56003 | Mankato, MN 56003 | 13.4 mi | 31 | $12,272,714 | $344,925 | $395,894 |
| 56052 | Kilkenny, MN 56052 | 14.7 mi | 2 | $838,450 | $419,225 | $419,225 |
| 56058 | Le Sueur, MN 56058 | 16.3 mi | 18 | $7,287,516 | $394,925 | $404,862 |
| 56093 | Waseca, MN 56093 | 18.4 mi | 27 | $7,458,804 | $309,625 | $276,252 |
| 56069 | Montgomery, MN 56069 | 19.1 mi | 30 | $11,591,070 | $376,100 | $386,369 |
| 56074 | Nicollet, MN 56074 | 20.3 mi | 5 | $1,839,875 | $381,950 | $367,975 |
| 56055 | Lake Crystal, MN 56055 | 22.1 mi | 15 | $3,924,390 | $229,900 | $261,626 |
| 56068 | Minnesota Lake, MN 56068 | 24.5 mi | 3 | $737,100 | $245,700 | $245,700 |
As of June 2026, there are 38 active listings in MADISON LAKE, MN (zip code 56063), compared to 27 the prior year.
The median listing price in MADISON LAKE, MN 56063 is $679,950 as of June 2026, a 40.1% increase from $485,400 the prior year.
Homes in MADISON LAKE, MN 56063 spend an average of 52 days on the market before going under contract, compared to 56 days the prior year.
Based on current inventory and days-on-market data as of June 2026, MADISON LAKE, MN 56063 is currently a Balanced Market. Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice. Homes are selling faster, averaging 52 days on market compared to 56 days last year.
With SELL123.com's maximum 3% commission, sellers in MADISON LAKE, MN 56063 save an estimated $13,599 compared to a typical 5% commission on the median listing price of $679,950. 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.