Madelia, MN Housing Market

Homes for sale

The Madelia housing market is somewhat competitive. The median sale price of a home in Madelia was $168K last month, up 23.1% since last year. The median sale price per square foot in Madelia is $122, down 18.7% since last year.

Trends
Demand
Migration
Schools
Climate

Madelia Housing Market Trends

What is the housing market like in Madelia today?

$168K

Sale Price

+23.1%
since last year

$122

Sale $/Sq. Ft.

-18.7%
since last year

Under List Price

5.2%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Madelia and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Madelia add value to a home.

How hot is the Madelia housing market?

Madelia is somewhat competitive. Homes sell in 53 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 5% below list price and go pending in around 53 days.
Hot homes
can sell for around list price and go pending in around 15 days.

Compare With Nearby Cities

New Ulm

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 23 days.
Hot homes
can sell for about 3% above list price and go pending in around 8 days.

Lake Crystal

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 14 days.
Hot homes
can sell for about 3% above list price and go pending in around 6 days.

See more nearby cities and neighborhoods

Madelia Migration & Relocation Trends

No data on migration and relocation available in this area right now

Learn about migration trends in nearby cities

View houses in Madelia that sold recently

Recently sold homes

SOLD APR 10, 2025
$83,000 Last Sold Price
2 beds
1.5 baths
1,010 sq ft
607 SW Second St, Madelia, MN 56062
List Price
$120,000
Sale to List
31% under list
Days on Market
56 days
607 SW Second St, Madelia, MN 56062
SOLD APR 4, 2025
$219,000 Last Sold Price
4 beds
2 baths
1,548 sq ft
225 SE Adams Ave, Madelia, MN 56062
List Price
$219,000
Sale to List
0% over list
Days on Market
84 days
225 SE Adams Ave, Madelia, MN 56062
SOLD APR 3, 2025
$139,500 Last Sold Price
2 beds
1 bath
768 sq ft
220 SE Adams Ave, Madelia, MN 56062
List Price
$144,900
Sale to List
4% under list
Days on Market
204 days
220 SE Adams Ave, Madelia, MN 56062
SOLD MAR 19, 2025
$268,000 Last Sold Price
3 beds
2 baths
2,456 sq ft
409 W Main St, Madelia, MN 56062
List Price
$279,000
Sale to List
4% under list
Days on Market
183 days
409 W Main St, Madelia, MN 56062
SOLD MAR 19, 2025
$156,000 Last Sold Price
2 beds
1 bath
—sq ft
30 Estes Ave NW, Madelia, MN 56062
List Price
$159,000
Sale to List
2% under list
Days on Market
123 days
30 Estes Ave NW, Madelia, MN 56062
SOLD MAR 13, 2025
$178,000 Last Sold Price
3 beds
1.5 baths
1,559 sq ft
601 SW 1st St, Madelia, MN 56062
List Price
$189,000
Sale to List
6% under list
Days on Market
42 days
601 SW 1st St, Madelia, MN 56062
SOLD MAR 7, 2025
$146,000 Last Sold Price
2 beds
2 baths
1,128 sq ft
233 NE Buck Ave, Madelia, MN 56062
List Price
$149,500
Sale to List
2% under list
Days on Market
78 days
233 NE Buck Ave, Madelia, MN 56062
SOLD FEB 14, 2025
$185,000 Last Sold Price
4 beds
2 baths
2,488 sq ft
430 NE 2nd St, Madelia, MN 56062
List Price
$230,000
Sale to List
20% under list
Days on Market
39 days
430 NE 2nd St, Madelia, MN 56062
See all recently sold homes in Madelia.
See listings

Schools in Madelia

Learn about schools in the Madelia area

Elementary
Middle
High

GreatSchools Rating

3/10

Madelia Elementary School

Public • PreK-6

348

Students

2 reviews

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Madelia housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Madelia.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Minor

100% of properties are at minor risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Madelia

New Listings in Madelia

Nearby City Housing Markets

Zip Code Housing Markets

56062 Housing Market

Nearby City Listings

Zip Code Listings

56062 Real Estate

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