Housing Prices in Madison Lake, MN

How much do homes in Madison Lake, MN cost?

Median List Price

$345,950

$208/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

-$24,000(-6.5%)

Key Takeaway

The list price of homes in Madison Lake has decreased by 6.5% since last year.

Summary: The median home list price in Madison Lake was $345,950 in November 2024, down 6.5% from the previous year, and the median price per square foot was $208.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $191.5K$298K
+55.6%
2 $297.4K$329.9K
+10.9%
3 $342.4K$334.9K
-2.2%
4 $684.9K$719K
+5.0%
5+ $574.9K$671.9K
+16.9%

Summary: Madison Lake housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 55.6%, 2 bedroom homes increased by 10.9%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 16.9%.

Housing Supply in Madison Lake, MN

How many homes are available in Madison Lake, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1113+18.2%

Summary: The Madison Lake real estate market had 13 homes for sale in November 2024, a 18.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 67
+16.7%
4 12
+100.0%
5+ 00
0.0%

Summary: The Madison Lake housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Days on Market for Madison Lake, MN

How long does it take to sell a home in Madison Lake, MN?

Average Listing Age

Nov 2023Nov 2024CHANGE
244 Days190 Days-21.9%

Summary: Homes in Madison Lake had an average listing age of 190 days in Nov 2024, down by 21.9% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

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Newest Listings in Madison Lake, MN

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MLS Disclaimers and Copyright

Based on information from NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc. for the period 12/01/2022 - 12/01/2024

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 10:22:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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