Median home value in zip code 56063 (Madison Lake, MN) is $429,168, up 4.7% year over year. Part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area.

Home Value$429,168

YoY Change

+4.7%

Prices rising — worse for buyers.

Affordability

Enter your income for 56063 (Madison Lake).

Income (annual)

Down Payment

$85,834 on $429,168

Example: $75,000 household income. Change it above to see your own.

Out of reach43.9% of income

Need $117,514/yr to afford.

PITI$2,742

P/I43.9%

Afford$274K

Gap-$155K

P&I $2,170Tax $422Ins $150

6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

56063 is part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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