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Home values, rents and more in ZIP code 56063 (Madison Lake, MN)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$453,000
Metro: $306,000 · U.S.: $366,000
Home values, past year
+4.7%
Metro: +2.5% · U.S.: +1.2%
Population
3,221
ACS 2020–24
Median household income
$102,391
Metro: $75,808 · U.S.: $80,734
ZIP codes around 56063, shaded by typical home value56063560015608256017560505602856024
  • Under $300k
  • $300k–$320k
  • $320k–$380k
  • $380k+
  • No data
ZIP codes around 56063, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 56063 is outlined.

How 56063 compares

The typical home in ZIP code 56063 (Madison Lake, MN) is worth about $453,000, according to the Zillow Home Value Index for September 2026. Home values in 56063 are 48% above the typical value in the Mankato metro area ($306,000) and 24% above the U.S. typical value ($366,000).

Over the past year, home values in 56063 rose 4.7%, compared with +2.5% in the Mankato metro area and +1.2% nationally.

The median household income is $102,391, against $75,808 in the Mankato metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 3,221 people live in 56063 (American Community Survey 2020–24).

56063 has the highest typical home value of the 17 ZIP codes in the Mankato metro area and the 65th-highest of 716 in Minnesota with Zillow figures.

Part of: Madison Lake, MN · Blue Earth County, MN · Mankato metro area · Minnesota

More for 56063 in ProMap Plus

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby ZIP codes

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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