Madison Lake, MN Real Estate & Homes For Sale

36 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 $455,719
MonthMedian home value
July 2025$437k
August 2025$439k
September 2025$441k
October 2025$442k
November 2025$444k
December 2025$446k
January 2026$449k
February 2026$452k
March 2026$455k
April 2026$456k
May 2026$456k
June 2026$456k
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 36 homes for sale.
Home SizeHome Value*
2 bedrooms (3 homes)$356,289
3 bedrooms (10 homes)$473,142
4 bedrooms (6 homes)$618,347
*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 2026-08-07 12:33:17 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: 2026-08-07 12:35:34 PDT