Active Listings
31
⇧ 19.2% vs 26 last year
Data as of September 2026. Source: Realtor.com.
The MADISON LAKE, MN real estate market (56063) currently shows 31 active listings, with 6 pending sales. Homes are averaging 58 days on the market before going under contract.
Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.
Homes are selling faster, averaging 58 days on market compared to 78 days last year.
The median listing price has fallen 10.1% year-over-year, from $480,900 to $432,450.
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 September 2026, there are 31 active listings in MADISON LAKE, MN (zip code 56063), compared to 26 the prior year.
The median listing price in MADISON LAKE, MN 56063 is $432,450 as of September 2026, a 10.1% decrease from $480,900 the prior year.
Homes in MADISON LAKE, MN 56063 spend an average of 58 days on the market before going under contract, compared to 78 days the prior year.
Based on current inventory and days-on-market data as of September 2026, MADISON LAKE, MN 56063 is currently a Balanced Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are selling faster, averaging 58 days on market compared to 78 days last year.
With SELL123.com's maximum 3% commission, sellers in MADISON LAKE, MN 56063 save an estimated $8,649 compared to a typical 5% commission on the median listing price of $432,450. 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.