Madelia, MN—56062
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Madelia, MN
Madelia, MN lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $205,000 | 7.4% |
| Single Family | $204,000 | 6.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $161,000 | 5.9% |
3 Bed | $201,000 | 6.3% |
4 Bed | $228,000 | 6.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Madelia, MN
As of July '25, Rentcast reports the average rent in Madelia, MN is $805, with a year-over-year rent change of 2.2%. Per bedroom, the median rent as of July '25 in Madelia, MN is studios: $800, 1-bedrooms: $700, 2-bedrooms: $915. The most common rental property sizes in Madelia, MN are 2-bedroom and 1-bedroom, accounting for 39.5% and 20.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $800 | $805 |
| Studio Rent | $800 | $800 |
| 1 Bed Rent | $700 | $700 |
| 2 Bed Rent | $915 | $915 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Madelia, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Madelia, MN is 33. This is a decrease of -12.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $212,000 | 21.0% |
Listing Count | 7 | -20.0% |
| Listings as % of Homes | 0.7% | -20.0% |
Days on Market | 33 | -12.0% |
Demographics — Madelia, MN
As of the latest ACS Survey released in 2023, Madelia, MN has a population of 3,250, which has decreased by -8.4% over the past 5 years. Madelia, MN is a popular place for families, as children make up 25.7% of the population. The area has a poorly educated workforce, with 22.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,250 | -8.4% |
% Under 18 | 25.7% | -3.4% |
% Seniors | 19.7% | 15.9% |
% WFH | 5.0% | -26.5% |
% w/ College Degree | 22.0% | 16.4% |
As of the latest ACS Survey released in 2023, Madelia, MN is a predominantly white area, with 72.6% of the population identifying as white. The white population has shrunk by 1.1% in the last 5 years. The second most common race or ethnicity in Madelia, MN is hispanic, making up 26.3% of the population. Foreign-born residents account for 9.8% of the population in Madelia, MN, and this percentage has decreased by 11.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 72.6% | -1.1% |
% Black | 0.1% | -96.4% |
% Hispanic | 26.3% | 21.2% |
% Asian | 0.1% | -87.5% |
% Foreign Born | 9.8% | -11.7% |
Mortgage and Risk — Madelia, MN
According to HUD data as of 2023, there were 40 mortgage originations in Madelia, MN, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Madelia, MN. Investor activity is low, as 5.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 40 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Madelia, MN
Madelia, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 49 |
Total Units Section 8 | 49 |
% Rentals under Section 8 | 18.2% |
% Occupied Section 8 | 91.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $120 | $700 | $820 |
| 2 Bedroom | $85 | $915 | $1,000 |
| 3 Bedroom | N/A | N/A | $1,400 |
| 4 Bedroom | N/A | N/A | $1,690 |
Affordability — Madelia, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $205,000 |
| Median Household Income | $76,500 |