Madelia, MN housing market
The typical Madelia home is worth about $191,000, up 4.6% in a year, 46% below the Minnesota typical home.
Home values, sales, trends and how Madelia compares with the towns next door — updated as new data is published.
Madelia at a glance
Typical home value, 2016–2026
Show as a table
| January | Madelia | Minnesota |
|---|---|---|
| 2017 | $91,000 | $217,000 |
| 2018 | $95,000 | $232,000 |
| 2019 | $104,000 | $246,000 |
| 2020 | $98,000 | $259,000 |
| 2021 | $110,000 | $282,000 |
| 2022 | $142,000 | $313,000 |
| 2023 | $157,000 | $325,000 |
| 2024 | $161,000 | $331,000 |
| 2025 | $179,000 | $341,000 |
| 2026 | $191,000 | $349,000 |
| August 2026 | $191,000 | $351,000 |
Madelia and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Madelia | $191K | +4.6% | $1,060 | $98,750 |
| Lincoln | — | −0.5%† | $1,060 | $89,063 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,060
HUD's Fair Market Rent for a two-bedroom in Madelia is $1,060 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $870 · 4 bedrooms $1,780
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (56062; Mankato, MN MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Madelia
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.