Median price for residential in as of Apr, 2022.
Take into account that the price depends on the location and condition of the . The size and amenities might have a large influence on the asking price as well.
12 Madison, MN 56256, USA apartments for sale
Madison
According to statistics, the population in Madison, MN amounts to 1,574, which shows decline 0% compared to the previous year. The median age of the city’s residents is 55. The average household income is $41,893, shifting growth 2% from the past year, and the average property value in Madison, MN growth 2% to $61,200 throughout the year.
| Population | 1,574 |
| Median Age | 54.9 |
| Poverty Rate | 13% |
| Household Income | $41,893 |
| Number Of Employees | 708 |
| Median Property Value | $61,200 |
Household Income
The average household income in Madison, MN grew from $41,019 to $41,893 in the past year. This data is an estimate based upon 801 households in Madison, MN . The chart below presents how household income is distributed in Madison, MN in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Madison, MN shifted from $59,800 to $61,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Madison, MN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Madison, MN properties falls in the '$40,000 to $49,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Madison, MN compared to median property taxes around the country. The prevalent amount of property taxes in Madison, MN equals $800, which is less than the national average.
Housing Trends
How much does an apartment cost in Madison, MN 56256, USA
Average sale in Madison: undefined (-0%)
| Apartment Size | Apr | vs Last Month |
|---|---|---|
| 2 bed for sale | $97,500 | N/A |
| 3 bed for sale | $97,857 | N/A |
During May 2022, the average price for an apartment in/near Madison, MN decreased by 100% to $0.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $97,500. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $97,857.
| Listing Type | Apr | vs Last Month |
|---|---|---|
| Houses for sale | $97,777 | N/A |
According to statistics, average house is still $97,777 with no significant changes this month.
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