Madison Lake, MN is a great place to live due to its affordable housing prices. The median value for houses in Madison Lake is $375,400, which is higher than the US house median value of $338,100. On top of that, the 1 year house appreciation rate in Madison Lake has also been impressive at 11.33%, which is much higher than the US average of 8.27%. This makes investing in property in Madison Lake an attractive option for potential buyers and investors alike.
The median home cost in Madison Lake is $375,400. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Madison Lake is up 11.6%.
Average Age of Homes
- The median age of Madison Lake real estate is 28 years old
The Rental Market in Madison Lake
- Renters make up 37.4% of the Madison Lake population
- 0.0% of houses and apartments in Madison Lake, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.