Madison Lake, MN Real Estate & Homes For Sale

40 homes

Real Estate & Homes For Sale Near Madison Lake, MN

We found 30 more homes matching your filters just outside Madison Lake

Madison Lake, MN Real Estate Trends

Learn about the Madison Lake, MN housing market through trends and averages.

Affordability of Living in Madison Lake, MN

The median home value is $438,948
MonthMedian home value
May 2025$416k
June 2025$418k
July 2025$420k
August 2025$422k
September 2025$424k
October 2025$425k
November 2025$427k
December 2025$429k
January 2026$432k
February 2026$435k
March 2026$437k
April 2026$439k
View as a graph
Trends and affordability stats are provided by third party data sources.

Average Home Value in Madison Lake, MN, by Home Size

Currently, there are 2 new listings in Madison Lake, MN and 40 homes for sale.
Home SizeHome Value*
2 bedrooms (2 homes)$343,349
3 bedrooms (11 homes)$458,196
4 bedrooms (8 homes)$594,781
*Home value over the past month

What Locals Say about Madison Lake

  • ninarenee13
    "Great neighbors. Love the trees in the back, lots of privacy. The home seems to be built pretty well. There are some negatives, but overall very nice. Garage came sheet rocked but no insulation."
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  • Ninarenee13
    "Places to walk, open areas. There’s a walking path and many lakes in the close vicinity as well in the city itself. "
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  • Ninarenee13
    "Super great! To get to Hwy 14 is an easy 3 miles. Traffic can get annoying at times but seriously nothing like the Twin Cities"
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  • Homebody b.
    "I live by a lake and even though we are in city limits, it feels like the country . people are friendly and we are close to a larger city with many amenities. "
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Based on information submitted to the MLS GRID as of 2026-06-04 16:08:11 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
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Last Updated: 2026-06-04 17:36:40 PDT