Data as of June 2026. Source: Realtor.com.
The MADISON, MN real estate market (56256) currently shows 14 active listings, with 4 pending sales. Homes are averaging 70 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 70 days on market compared to 37 days last year.
The median listing price has risen 19.1% year-over-year, from $161,225 to $192,000.
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.
Population: 2,358 · Density: 3.9/mi² · Median household income: $56,728
Typical home value: $109,713 · Homeownership: 78.6%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56256 | Madison, MN 56256 | 0.0 mi | 9 | $1,794,285 | $194,925 | $199,365 |
| 56232 | Dawson, MN 56232 | 10.2 mi | 15 | $2,542,890 | $157,450 | $169,526 |
| 56262 | Milan, MN 56262 | 17.6 mi | 1 | $40,000 | $40,000 | $40,000 |
| 57259 | Revillo, SD 57259 | 18.0 mi | 1 | $183,900 | $183,900 | $183,900 |
| 56220 | Canby, MN 56220 | 20.7 mi | 9 | $1,651,500 | $152,500 | $183,500 |
| 57252 | Milbank, SD 57252 | 23.6 mi | 8 | $2,387,264 | $295,725 | $298,408 |
| 56265 | Montevideo, MN 56265 | 24.4 mi | 53 | $13,621,530 | $248,200 | $257,010 |
| 56223 | Clarkfield, MN 56223 | 26.0 mi | 6 | $701,760 | $80,000 | $116,960 |
| 56231 | Danvers, MN 56231 | 27.6 mi | 1 | $86,500 | $86,500 | $86,500 |
| 57265 | Strandburg, SD 57265 | 29.2 mi | 0 | $0 | $325,000 | $325,000 |
| 57218 | Brandt, SD 57218 | 31.9 mi | 1 | $480,000 | $480,000 | $480,000 |
| 56264 | Minneota, MN 56264 | 32.8 mi | 2 | $124,500 | $62,250 | $62,250 |
| 57238 | Goodwin, SD 57238 | 34.1 mi | 1 | $434,900 | $434,900 | $434,900 |
As of June 2026, there are 14 active listings in MADISON, MN (zip code 56256), compared to 16 the prior year.
The median listing price in MADISON, MN 56256 is $192,000 as of June 2026, a 19.1% increase from $161,225 the prior year.
Homes in MADISON, MN 56256 spend an average of 70 days on the market before going under contract, compared to 37 days the prior year.
Based on current inventory and days-on-market data as of June 2026, MADISON, MN 56256 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 70 days on market compared to 37 days last year.
With SELL123.com's maximum 3% commission, sellers in MADISON, MN 56256 save an estimated $3,840 compared to a typical 5% commission on the median listing price of $192,000. 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.