Madison, MN Home Values & Market Trends
Real estate market trends reflect that there have been 5 transactions over the past year in Madison. The median value for residential home transactions that occurred over the previous year is $124,630. The number of current listings in Madison is 7, and the percentage of properties for sale in the city is 7.00%. Madison, MN currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 7 properties for sale.
Madison, MN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 56256 | $ 109,500 $ 61/sqft |
Housing Market Summary for Madison, MN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $89,900 | $104K | 15.65% |
| Median Sold Price | $88,062.5 | $104K | 18.07% |
| Homes For Sale | 3 | 5 | 66.67% |
| Homes Sold | 22 | 2 | -90.91% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Madison, MN
Browse Homes in Madison, MN
Madison home values range from $28,622 to $707,180. The median estimated value of a home in Madison is $124,630. The median list price of a home is 124,900, and the total count of properties in the city is 832.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Madison, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Madison, MN; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Madison, MN ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Madison, MN. There is 1 zips within Madison, MN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Madison, MN. Auction homes and other auction properties account for 0% of all properties in Madison, MN. There is 1 zips within Madison, MN; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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More Real Estate Resources for Madison, MN
Guide for Madison, MN
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