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Madison Real Estate Market Facts

  • $59,800Median home price
    69% lower than Minnesota
  • $574Median rent asked
    34% lower than Minnesota
  • 71.1%Home owners
    equal to Minnesota
  • 2.0People per home
    18% lower than Minnesota

Madison Home Affordability

  • $59,800Median home price
    69% lower than Minnesota
  • $41,019Median home income
    35% lower than Minnesota
  • 1.5xHome price to income ratio
    52% lower than Minnesota

Madison Affordability Calculator

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Madison Mortgage Calculator

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Madison Demographics

  • 1,567Population
  • 1,494People / sq mile
  • 54.4Median age
  • 1.0:1Male/Female ratio

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Louisburg, MN33$23,80087%
Nassau, MN57$28,10085%
Marietta, MN153$37,00080%
Boyd, MN112$37,90079%
Milan, MN362$43,00077%
Madison, MN1,567$59,80068%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Nora Springs, IA1,567$92,90050%
Apollo, PA1,567$64,00065%
Gower, MO1,566$118,80036%
Battle Ground, IN1,568$155,90016%
Spencerville, NM1,568$129,80030%
Madison, MN1,567$59,80068%
Source: The Madison, MN housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).