Madison Real Estate Market Conditions

  • Median sales price

    $119,000
    6.89% change since last quarter
  • # Active listings

    13
    30-day change

Madison Schools and Demographics

Education near Madison, MN

City County
High School Graduates 91.12 93.29
College Degree - 2 year 10.32 12.07
College Degree - 4 year 15.31 18.96
Graduate Degree 4.15 3.39
Expenditures per Student 12,521 12,638
Students per Teacher 13.5 13.8

Elementary Schools near Madison, MN

Grades Students P/T Ratio ZIP
Madison-Marietta-Nassau Elementary School PK - 04 146 10.8 56256
Stevens Elementary School PK - 06 263 13.2 56232

Middle Schools near Madison, MN

Grades Students P/T Ratio ZIP
LAC QUI Parle Valley Middle School 05 - 06 117 13.5 56256

High Schools near Madison, MN

Grades Students P/T Ratio ZIP
Dawson-Boyd Secondary School 07 - 12 254 13.8 56232
Lac Qui Parle Valley Secondary School 07 - 12 343 17.3 56256

Demographics near Madison, MN

City County
Neighborhood Type Small Town
Population 1,574 6,840
Population Density 1,501 9
Median Age 54.9 50
People per Household 1.9 2.1
Median Household Income 41,893 50,195
Average Income per Capita 28,858 31,427

Madison Real Estate

The median home value in Madison, MN is $119,000. This is higher than the county median home value of $97,200. The national median home value is $219,700. The average price of homes sold in Madison, MN is $119,000. Approximately 59.79% of Madison homes are owned, compared to 25.88% rented, while 14.33% are vacant. Madison real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Madison real estate agent to arrange a tour today!

Madison, Minnesota has a population of 1,574. Madison is less family-centric than the surrounding county with 19.62% of the households containing married families with children. The county average for households married with children is 26.75%.

The median household income in Madison, Minnesota is $41,893. The median household income for the surrounding county is $50,195 compared to the national median of $57,652. The median age of people living in Madison is 54.9 years.

Madison Weather

The average high temperature in July is 83.8 degrees, with an average low temperature in January of 2.4 degrees. The average rainfall is approximately 25.8 inches per year, with 43.1 inches of snow per year.