Data as of July 2026. Source: Realtor.com.
The MADISON, MN real estate market (56256) currently shows 15 active listings, with 1 pending sales. Homes are averaging 48 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are selling faster, averaging 48 days on market compared to 56 days last year.
The median listing price has risen 30.5% year-over-year, from $139,900 to $182,500.
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 July 2026, there are 15 active listings in MADISON, MN (zip code 56256), compared to 15 the prior year.
The median listing price in MADISON, MN 56256 is $182,500 as of July 2026, a 30.5% increase from $139,900 the prior year.
Homes in MADISON, MN 56256 spend an average of 48 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 July 2026, MADISON, MN 56256 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 48 days on market compared to 56 days last year.
With SELL123.com's maximum 3% commission, sellers in MADISON, MN 56256 save an estimated $3,650 compared to a typical 5% commission on the median listing price of $182,500. 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.