Madison Lake, MN Real Estate & Homes For Sale

38 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 $438,146
MonthMedian home value
April 2025$416k
May 2025$417k
June 2025$418k
July 2025$421k
August 2025$423k
September 2025$425k
October 2025$426k
November 2025$428k
December 2025$430k
January 2026$432k
February 2026$435k
March 2026$438k
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 3 new listings in Madison Lake, MN and 38 homes for sale.
Home SizeHome Value*
2 bedroomsĀ (3 homes)$330,036
3 bedroomsĀ (9 homes)$428,701
4 bedroomsĀ (8 homes)$569,555
*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."
  • Ninarenee13
    "Places to walk, open areas. There’s a walking path and many lakes in the close vicinity as well in the city itself. "
  • 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"
  • 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. "
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Copyright 2026, REALTORĀ® Association of Southern MN. All Rights Reserved.
Last Updated: 2026-05-06 00:20:15 PDT