The median home value in Madison Lake, MN is $274,000. This is higher than the county median home value of $267,500. The national median home value is $338,100. The average price of homes sold in Madison Lake, MN is $274,000. Approximately 50.53% of Madison Lake homes are owned, compared to 17.4% rented, while 32.07% are vacant. Madison Lake real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Madison Lake real estate agent to arrange a tour today!
Madison Lake, Minnesota has a population of 1,092. Madison Lake is more family-centric than the surrounding county with 33.77% of the households containing married families with children. The county average for households married with children is 30.05%.
The median household income in Madison Lake, Minnesota is $96,563. The median household income for the surrounding county is $65,000 compared to the national median of $69,021. The median age of people living in Madison Lake is 39.9 years.
The average high temperature in July is 83 degrees, with an average low temperature in January of 4.5 degrees. The average rainfall is approximately 32.4 inches per year, with 44.5 inches of snow per year.