56063
Madison Lake, Minnesota.
Madison Lake, Le Sueur County, MN · Minneapolis-St. Paul-Bloomington, MN-WI metro · population 3,221
to buy the typical home at today's mortgage rate — +$1,289 (+118%) since Jan 2020.
- 1 year
- Up $20,156 +5%
- $433,256$453,412 since Sep 2025
- 5 years
- Up $102,851 +29%
- $350,561$453,412 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 56063$2,380
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 13 years.
Typical home values in zip 56063 rose 4.7% over the past year — faster than the nation's +1.2%.
This zip spans 3 counties: Blue Earth County, MN 60% · Le Sueur County, MN 34% · Waseca County, MN 6%
Zillow also publishes an index for the city itself: Madison Lake, MN — measured over the city limits, which is a different area from this zip.
Typical home value — 56063
Mid-tier homes, smoothed and seasonally adjusted.
- 56063$453,412
- Minneapolis$387,807
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 5.0 | 56024 | Eagle Lake | 3,647 | $1,495 | $338,676 |
| 5.3 | 56028 | Elysian | 1,018 | — | $419,314 |
| 6.0 | 56017 | Cleveland | 1,763 | — | $383,798 |
| 7.0 | 56050 | Kasota | 1,306 | — | $351,777 |
| 9.6 | 56080 | Saint Clair | 672 | — | $245,516 |
| 9.9 | 56048 | Janesville | 4,025 | — | $293,333 |
| 9.9 | 56001 | Mankato | 51,585 | $1,259 | $300,215 |
| 10.9 | 56096 | Waterville | 2,953 | — | $320,782 |
| 13.2 | 56057 | Le Center | 3,919 | — | $316,429 |
| 13.4 | 56003 | Mankato | 15,258 | $1,150 | $320,069 |
| 14.1 | 56082 | Saint Peter | 14,606 | $1,166 | $298,355 |
| 14.7 | 56052 | Kilkenny | 747 | — | $394,703 |
| 14.9 | 56078 | Pemberton | 451 | — | $249,690 |
| 16.3 | 56058 | Le Sueur | 6,067 | — | $305,926 |
| 17.9 | 56037 | Good Thunder | 1,374 | — | $325,578 |
| 18.4 | 56093 | Waseca | 12,672 | — | $250,149 |
| 18.8 | 55052 | Morristown | 2,114 | — | $326,948 |
| 19.1 | 56069 | Montgomery | 4,991 | — | $321,724 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.