Is parking easy in Madison, MN?

As of early 2026, 100% of users say parking is easy

Are yards well-kept in Madison, MN?

As of early 2026, 100% of users say yards are well-kept

Is Madison, MN quiet?

As of early 2026, 100% of users say it's quiet

Do kids play outside in Madison, MN?

As of early 2026, 83% of users say kids play outside

Are there community events in Madison, MN?

As of early 2026, 80% of users say there are community events

Is Madison, MN dog-friendly?

As of early 2026, 80% of users say it's dog friendly

Are the streets well-lit in Madison, MN?

As of early 2026, 75% of users say streets are well-lit

Does Madison, MN have sidewalks?

As of early 2026, 75% of users say there are sidewalks

Does Madison, MN show holiday spirit?

As of early 2026, 75% of users say there's holiday spirit

Is Madison, MN walkable to grocery stores?

As of early 2026, 71% of users say it's walkable to grocery stores

Are neighbors friendly in Madison, MN?

As of early 2026, 70% of users say neighbors are friendly

Would people walk alone at night in Madison, MN?

As of early 2026, 67% of users say people would walk alone at night

Is Madison, MN walkable to restaurants?

As of early 2026, 67% of users say it's walkable to restaurants

Is a car needed in Madison, MN?

As of early 2026, 33% of users say car is needed

Do residents of Madison, MN plan to stay at least 5 years?

As of early 2026, 25% of users say they plan to stay for at least 5 years

Is there wildlife in Madison, MN?

As of early 2026, 20% of users say there's wildlife

What is 316 E 5th St estimated to be worth?

Trulia's estimated value for 316 E 5th St in Madison, MN is $109,600 .

What is the price history for 316 E 5th St?

316 E 5th St in Madison, MN last sold for $46,000 in November 2016.

Is Madison a buyer's or seller's market?

Madison is currently a buyer's market, based on recent for-sale activity.

What are the closest schools to 316 E 5th St?

The closest schools to 316 E 5th St in Madison, MN are Appleton Elementary School (Pre-K, rated 3/10), Lac Qui Parle Valley Middle School (Elementary, rated 4/10), Lac Qui Parle Valley Secondary (Middle/High, rated 6/10).

How big is the lot at 316 E 5th St?

The lot at 316 E 5th St in Madison, MN is about 0.24 acres (10,454 sq ft).

OFF MARKET

316 E 5th St
Madison, MN 56256

4 Beds
1.5 Baths
1,297 sqft

$109,600

Trulia Estimate

as of Aug 20, 2026

Est. Refi. Payment $723/mo*

Refinance Your Home

$109,600

Trulia Estimate

as of Aug 20, 2026

Est. Refi. Payment $723/mo*

Refinance Your Home

4 Beds

1.5 Baths

1,297 sqft

Home Value

Trulia Estimate

$110K

Since last month

$500 (+0.5%)

Since last year

$200 (+0.2%)

Since last sale

$64K (+139.1%)

Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +182% in the last 10 years

Month	Estimated value
2026
August 2026	$110K
July 2026	$110K
June 2026	$112K
May 2026	$110K
April 2026	$106K
March 2026	$109K
February 2026	$107K
January 2026	$107K
2025
December 2025	$107K
November 2025	$108K
October 2025	$109K
September 2025	$110K
August 2025	$110K
July 2025	$113K
June 2025	$113K
May 2025	$110K
April 2025	$108K
March 2025	$103K
February 2025	$105K
January 2025	$105K
2024
December 2024	$110K
November 2024	$111K
October 2024	$105K
September 2024	$106K
August 2024	$108K
July 2024	$107K
June 2024	$108K
May 2024	$105K
April 2024	$102K
March 2024	$98K
February 2024	$93K
January 2024	$94K
2023
December 2023	$94K
November 2023	$95K
October 2023	$94K
September 2023	$97K
August 2023	$96K
July 2023	$95K
June 2023	$99K
May 2023	$91K
April 2023	$88K
March 2023	$87K
February 2023	$86K
January 2023	$89K
2022
December 2022	$89K
November 2022	$88K
October 2022	$93K
September 2022	$94K
August 2022	$94K
July 2022	$93K
June 2022	$92K
May 2022	$89K
April 2022	$86K
March 2022	$84K
February 2022	$84K
January 2022	$85K
2021
December 2021	$84K
November 2021	$84K
October 2021	$84K
September 2021	$81K
August 2021	$81K
July 2021	$81K
June 2021	$73K
May 2021	$65K
April 2021	$66K
March 2021	$63K
February 2021	$63K
January 2021	$61K
2020
December 2020	$56K
November 2020	$55K
October 2020	$55K
September 2020	$54K
August 2020	$54K
July 2020	$54K
June 2020	$54K
May 2020	$54K
April 2020	$52K
March 2020	$52K
February 2020	$52K
January 2020	$53K
2019
December 2019	$54K
November 2019	$54K
October 2019	$54K
September 2019	$54K
August 2019	$54K
July 2019	$54K
June 2019	$54K
May 2019	$53K
April 2019	$53K
March 2019	$53K
February 2019	$53K
January 2019	$52K
2018
December 2018	$52K
November 2018	$52K
October 2018	$52K
September 2018	$51K
August 2018	$51K
July 2018	$51K
June 2018	$51K
May 2018	$51K
April 2018	$50K
March 2018	$50K
February 2018	$50K
January 2018	$50K
2017
December 2017	$49K
November 2017	$49K
October 2017	$49K
September 2017	$48K
August 2017	$48K
July 2017	$48K
June 2017	$48K
May 2017	$48K
April 2017	$47K
March 2017	$47K
February 2017	$47K
January 2017	$47K
2016
December 2016	$46K
November 2016	$38K
October 2016	$37K
September 2016	$37K
August 2016	$39K

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.

Address	Distance	Property Type	Sold Price	Sold Date	Bed	Bath	Sqft
415 Central Ave, Madison, MN	0.08	Single-Family Home	$45,000	04/20/26	3	2	1,646
315 Central Ave, Madison, MN	0.14	Single-Family Home	$62,050	04/30/26	3	2	1,186
316 Central Ave, Madison, MN	0.12	Single-Family Home	$32,500	06/08/26	2	1	991
712 3rd Ave, Madison, MN	0.34	Single-Family Home	$78,000	05/04/26	4	2	2,130
708 5th Ave, Madison, MN	0.47	Single-Family Home	$34,500	11/13/25	2	1	1,100
616 W 5th St, Madison, MN	0.58	Single-Family Home	$72,500	10/30/25	4	1.5	1,640
413 5th Ave, Madison, MN	0.49	Single-Family Home	$75,000	02/02/26	3	1	1,152
207 Western Ave, Madison, MN	0.24	Single-Family Home	$170,000	05/22/26	2	2	2,072
522 5th Ave, Madison, MN	0.44	Single-Family Home	$140,500	01/09/26	3	2	1,950
620 5th Ave, Madison, MN	0.46	Single-Family Home	$189,000	10/03/25	4	2	1,776

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.

Address	Distance	Price	Bed	Bath	Sqft	Status
321 E 6th St, Madison, MN 56256	0.04	$162,100	5	2.5	2,250	Off Market
310 E 4th St, Madison, MN 56256	0.07	$12,000	-	-	-	Recently Sold
415 Central Ave, Madison, MN 56256	0.08	$45,000	3	2	1,646	Recently Sold
304 E 4th St, Madison, MN 56256	0.08	$82,500	3	1	1,236	For Sale
510 Western Ave, Madison, MN 56256	0.10	$121,400	3	2.5	1,670	Off Market
403 Central Ave, Madison, MN 56256	0.09	$142,400	5	1.5	2,240	Off Market
503 Western Ave, Madison, MN 56256	0.13	$50,200	3	2	1,752	Off Market
316 Central Ave, Madison, MN 56256	0.12	$32,500	2	1	991	Recently Sold
311 Park Ave, Madison, MN 56256	0.14	$94,800	3	1	1,170	Off Market
322 Western Ave, Madison, MN 56256	0.14	$114,000	3	2	1,662	Off Market
309 Central Ave, Madison, MN 56256	0.14	$120,100	3	1	1,516	Off Market
404 E 3rd St, Madison, MN 56256	0.15	$159,000	4	2	1,806	For Sale

Local Information

Map ViewExplore the area around 316 E 5th St.
Schools2 Preschool Schools3 Elementary Schools1 Middle School1 High School
Shop & Eat

-- mins to

Commute Destination

Home Highlights

Property Type

Single-Family Home

Year Built

1915

Living Area

1,297 sqft

Price/Sqft

$85

About this House

This single-family home is located at 316 E 5th St, Madison, MN. 316 E 5th St is in Madison, MN and in ZIP code 56256. This property has 4 bedrooms, 2 bathrooms and approximately 1,297 sqft of floor space. This property has a lot size of 10454 sqft and was built in 1915.

316 E 5th St, Madison, MN 56256 is a 4 bedroom, 2 bathroom, 1,297 sqft single-family home built in 1915. It last sold for $46,000 on Nov 30, 2016. It is currently off market. The Trulia Estimate is $109,600, with a rent estimate of $1,581/month.

Home Details for 316 E 5th St

Property Information
Year Built Year Built: 1915
Property Type / Style Property Type: Single Family Home

Lot Information
Lot Area: 10454 sqft

Price and Tax history

Date	Event	Price
Nov 30, 2016 Source: NorthstarMLS as distributed by MLS GRID #5187773	Sold	$46,000
Jul 27, 2016 Source: Agent Provided	Listed For Sale	$52,500

Year	Property tax	Tax assessment
2024	$1,218	$86,700

Additional Cost

Market trends in Madison

Last updated July 2026

Avg. sale price

—

Sale-to-List Price

—

Price per sq ft

—

Available listings

2MoM

Around this home

View nearby schools on GreatSchools

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Madison

At least 3 Trulia users voted on each feature.

100 % Say parking is easy
100 % Say yards are well-kept
100 % Say it's quiet
83 % Say kids play outside
80 % Say there are community events
80 % Say it's dog friendly
75 % Say streets are well-lit
75 % Say there are sidewalks
75 % Say there's holiday spirit
71 % Say it's walkable to grocery stores
70 % Say neighbors are friendly
67 % Say people would walk alone at night
67 % Say it's walkable to restaurants
33 % Say car is needed
25 % Say they plan to stay for at least 5 years
20 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.

Becky P.
Resident
8y ago
"My neighbors are mean. We didn't talk to any of the neighbors before buying the house. We want to move"
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Frequently asked questions about 316 E 5th St

What is 316 E 5th St estimated to be worth?
Trulia's estimated value for 316 E 5th St in Madison, MN is $109,600.
What is the price history for 316 E 5th St?
316 E 5th St in Madison, MN last sold for $46,000 in November 2016.
Is Madison a buyer's or seller's market?
Madison is currently a buyer's market, based on recent for-sale activity.
What are the closest schools to 316 E 5th St?
The closest schools to 316 E 5th St in Madison, MN are Appleton Elementary School (Pre-K, rated 3/10), Lac Qui Parle Valley Middle School (Elementary, rated 4/10), Lac Qui Parle Valley Secondary (Middle/High, rated 6/10).
How big is the lot at 316 E 5th St?
The lot at 316 E 5th St in Madison, MN is about 0.24 acres (10,454 sq ft).

Apartments for Rent

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PET FRIENDLY
$600 - $650/mo
1-2 bd
1 ba
The Pines | 408 Park Ave,
Madison, MN 56256
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Madison
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Off Market Homes Near 316 E 5th St

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SOLD
MAY 4, 2026
$78,000
4 bd
2 ba
2,130 sqft
712 3rd Ave,
Madison, MN 56256
Weichert REALTORS Tower Properties
SOLD
APR 30, 2026
$62,050
3 bd
2 ba
1,186 sqft
315 Central Ave,
Madison, MN 56256
SOLD
APR 20, 2026
$110,000
4 bd
1.5 ba
1,881 sqft
504 9th Ave,
Madison, MN 56256
SOLD
FEB 12, 2026
$77,500
2 bd
1 ba
926 sqft
409 W 3rd St,
Madison, MN 56256
Weichert REALTORS Tower Properties
SOLD
FEB 2, 2026
$75,000
3 bd
1 ba
1,152 sqft
413 5th Ave,
Madison, MN 56256
Dahle and Olson Realty Company
SOLD
JAN 9, 2026
$140,500
3 bd
2 ba
1,950 sqft
522 5th Ave,
Madison, MN 56256
Weichert REALTORS Tower Properties
SOLD
DEC 19, 2025
$157,500
4 bd
2 ba
3,061 sqft
910 4th Ave,
Madison, MN 56256
eXp Realty
SOLD
OCT 30, 2025
$72,500
4 bd
1.5 ba
1,640 sqft
616 W 5th St,
Madison, MN 56256
Weichert REALTORS Tower Properties
OFF MARKET
Est. $151,400
2 bd
1.5 ba
1,650 sqft
122 E 10th St,
Madison, MN 56256
Dahle and Olson Realty Company
See more homes for sale in
Madison
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Homes for sale near 316 E 5th St

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$82,500
3 bd
1 ba
1,236 sqft
304 E 4th St,
Madison, MN 56256
Peterson Team Realty
$159,000
4 bd
2 ba
1,806 sqft
404 E 3rd St,
Madison, MN 56256
Peterson Team Realty
AUCTION
Est. $85,300
3 bd
2 ba
1,186 sqft
315 Central Ave,
Madison, MN 56256
$270,000
4 bd
2 ba
1,872 sqft
842 Western Ave,
Madison, MN 56256
Dahle and Olson Realty Company
$229,900
4 bd
2.5 ba
2,998 sqft
403 1st Ave,
Madison, MN 56256
Kuhlmann Real Estate, Inc.
0.26 ACRES
$199,000
3 bd
2.5 ba
1,766 sqft
806 1st Ave,
Madison, MN 56256
Peterson Team Realty
0.32 ACRES
$249,000
4 bd
2 ba
1,808 sqft
829 3rd Ave,
Madison, MN 56256
Weichert REALTORS Tower Properties
$109,900
3 bd
1 ba
1,141 sqft
821 3rd Ave,
Madison, MN 56256
Peterson Team Realty
$168,500
2 bd
2 ba
1,476 sqft
209 3rd Ave,
Madison, MN 56256
Dahle and Olson Realty Company
0.98 ACRES
$269,500
4 bd
1.5 ba
1,723 sqft
204 Wildwood Ave,
Madison, MN 56256
Dahle and Olson Realty Company
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Madison
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316 E 5th St
Madison, MN 56256

$109,600

$109,600