Madge Housing Market Report February 2025Washburn County, Wisconsin

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Housing Prices in Madge, WI

How much do homes in Madge, WI cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$445,000$242/SqFt
-$204,900
-31.5%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Madge has decreased by 31.5% since last year.

Summary: The median home list price in Madge was $445,000 in February 2025, down 31.5% from the previous year, and the median price per square foot was $242.

Median List Price By Cities

Median List Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Stone Lake
+14.7%
Long Lake
-16.2%
Madge
-31.5%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$147.4K$192.4K
+30.5%
2$575K$266.9K
-53.6%
3$699.9K$509.9K
-27.1%
4$789.9K$450K
-43.0%
5-$2.2M
N/A

Summary: Madge housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +30.5%. The home price for 2 bedroom homes decreased by -53.6%. The home price for 3 bedroom homes decreased by -27.1%. The home price for 4 bedroom homes decreased by -43.0%. The home price for 5 bedroom homes did not change.

Housing supply in Madge, WI

How many homes are available in Madge, WI?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
5Last MonthFeb 2025
22 months agoJan 2025
+150.0 %
Change MoMJan – Feb

Summary: The Madge real estate market had 5 homes for sale in Feb 2025, a 150.0 % increase compared to Jan 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
100
0.0%
201
+100.0%
301
+100.0%
401
+100.0%
522
0.0%

Summary: Madge housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes increased by +100.0%. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes remained the same.

Days on Market for Madge, WI

How long does it take to sell a home in Madge, WI?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
139 DaysThis YearFeb 2025
110 Days1 year agoFeb 2024
+26.4 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Madge had an average listing age of 139 days in Feb 2025, up by 26.4% compared to the previous year.

Newest Listings in Madge, WI

What homes are available in Madge, WI?

Nearby markets

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Based on information from NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc., and Wisconsin Real Estate Exchange for the period 03/01/2023 - 03/01/2025

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DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/10/2025, 12:52:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/10/2025, 8:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.