Madelia Real Estate

Madelia, Minnesota, is a vibrant community that perfectly balances small-town charm with modern amenities, making it an attractive location for homebuyers and real estate investors. Located in Watonwan County, residents benefit from an exceptionally low cost of living and affordable housing options, from single-family homes to properties ideal for retirees. The thriving Main Street area features unique local businesses, popular restaurants like La Plaza Fiesta, a brewery, and the historic Madelia Theater, fostering a strong sense of community. Madelia boasts a resilient local economy rooted in manufacturing, healthcare (including the independent Madelia Health hospital), and retail, and is considered a bedroom community for nearby Mankato, offering easy access to larger city amenities within a short drive. Outdoor enthusiasts will appreciate the abundant recreational opportunities at Watona City Park and the Watonwan River, including fishing, camping, and access to the Minnesota DNR canoe trails information. With excellent local schools and a safe, friendly atmosphere, Madelia is an ideal place to put down roots.
Miller Real Estate
True Real Estate

Madelia - Town vs. County Stats

Avg Price in Madelia: $301,700 / County Avg $257,800

117%

Avg Taxes in Madelia: $3,000 / County Avg $2,600

118%

Avg Sq. Ft. in Madelia: 2,065 / County Avg 1,940

106%

Avg Price per/sqft in Madelia:$146 / County Avg $133

110%

Avg Year Built in Madelia: 1979 / County Avg 1958

101%

Avg Days on Website in Madelia: 52 / County Avg 44

118%

Madelia Real Estate Market Health

New Listings
Reductions
Foreclosures
Short Sales