56062
Madelia, Minnesota.
Madelia, Watonwan County, MN · Mankato, MN metro · population 3,234
to buy the typical home at today's mortgage rate — +$683 (+173%) since Jan 2020.
- 1 year
- Up $7,302 +4%
- $198,286$205,588 since Sep 2025
- 5 years
- Up $57,276 +39%
- $148,312$205,588 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.
- 56062$1,079
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 11 years.
Typical home values in zip 56062 rose 3.7% over the past year — faster than the nation's +1.2%.
This zip spans 3 counties: Watonwan County, MN 64% · Blue Earth County, MN 29% · Brown County, MN 7%
Zillow also publishes an index for the city itself: Madelia, MN — measured over the city limits, which is a different area from this zip.
Typical home value — 56062
Mid-tier homes, smoothed and seasonally adjusted.
- 56062$205,588
- Mankato$305,707
- 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 |
|---|---|---|---|---|---|
| 8.1 | 56060 | Lewisville | 400 | — | $169,789 |
| 9.1 | 56041 | Hanska | 1,039 | — | $314,816 |
| 10.0 | 56055 | Lake Crystal | 3,898 | — | $285,955 |
| 11.0 | 56090 | Vernon Center | 596 | — | $231,393 |
| 11.4 | 56081 | Saint James | 6,172 | — | $169,938 |
| 11.6 | 56034 | Garden City | 393 | — | $296,483 |
| 15.4 | 56088 | Truman | 2,071 | — | $212,350 |
| 16.0 | 56010 | Amboy | 1,159 | — | $244,056 |
| 17.0 | 56021 | Courtland | 1,108 | — | $343,347 |
| 18.1 | 56073 | New Ulm | 17,339 | — | $250,639 |
| 18.4 | 56037 | Good Thunder | 1,374 | — | $325,578 |
| 19.1 | 56162 | Ormsby | 313 | — | $255,595 |
| 19.7 | 56120 | Butterfield | 983 | — | $193,343 |
| 19.8 | 56003 | Mankato | 15,258 | $1,150 | $320,069 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.