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

Schools
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

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

	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

	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

View Homes for Sale in Madison

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.