Zip 56256 (Madison, MN) Housing

Madison, MN is a great place to buy housing. The median value of homes in the area is $122,600, which is significantly lower than the national median home value of $338,100. Additionally, Madison has experienced a higher rate of home appreciation over the past year at 13.39%, compared to the national rate of 8.27%. This makes it an ideal location for someone looking to invest in real estate or purchase a home at an affordable price and with potential for significant growth.

The median home cost in Madison (zip 56256) is $122,600. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Madison (zip 56256) is up 12.6%.

Average Age of Homes

- The median age of Madison (zip 56256) real estate is 68 years old

The Rental Market in Madison (zip 56256)

- Renters make up 18.1% of the Madison (zip 56256) population
- 4.6% of houses and apartments in Madison (zip 56256), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Madison, Minnesota	United States
	1,364.0	139,647,020.0
	66	42
	$122,600	$338,100
	12.6%	16.6%
	42.7%	57.0%
	60.2%	101.1%
	$11.37	$10.98
	$1,079	$2,690
	65.1%	57.4%
	20.5%	11.2%
	14.4%	31.4%
Vacant Housing
	4.6%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	1.0%	0.4%
	4.3%	3.6%
	10.6%	4.1%
Value of Owner-Occupied Housing
	5.1%	2.6%
	10.8%	2.4%
	11.3%	2.8%
	13.2%	3.9%
	13.9%	4.5%
	18.6%	11.3%
	9.2%	13.0%
	12.5%	20.1%
	2.4%	13.6%
	1.7%	8.3%
	0.7%	9.7%
	0.5%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.1%	13.6%
	4.1%	13.6%
	6.0%	13.6%
	8.8%	13.2%
	14.8%	14.8%
	6.0%	13.6%
	10.6%	10.0%
	10.3%	4.7%
	34.2%	12.2%

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