Is Madison, MN 56256 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Madison is a buyer’s market. With about 10.9 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply10.9Under 4 months = seller’s market

Sold above original list0%Share of sales, last 3 months

Median sale-to-list95.6%Sold price ÷ list price

Median days on market17Listing to accepted offer

Median price per sq ft$119▲ +91.3% vs. last year

Run the numbers for 56256

Bellingham 56212Buyer’s market $72 /sq ft Boyd 56218Seller’s market $97 /sq ft Dawson 56232Buyer’s market $92 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology