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Just Sold: Madison Park Home Prices

See recently sold MLS® listings in Madison Park. Browse sold prices and find out how much homes actually sell for.

Homes sold in the last 30 days

2

Typical sale price

$441,750

Average time to sell

9 days

Data last updated: 2 hours ago

How much did that Madison Park house sell for? We track every MLS® sale so you know the true market value of homes in this area. No guessing — just real sold prices from the MLS®.

Use this sold real estate data to understand property values, find comparable sales, and estimate your own home's value. Browse 2 years of Madison Park sales at your fingertips.

Madison Park Sold Data Overview

Over the past 2 years, 15 homes have sold in Madison Park, Innisfail, with a median sold price of $440K. Sale prices have ranged from $350K to $577K. The typical home sells in 18 days, showing a balanced market. Homes are selling at 98.5% of their list price — very close to asking price. Median property taxes in the area run approximately $3,688 annually. The most common property types sold include Detached Single Family (14), Half Duplex (1).

Recently Sold in Madison Park

2 homes sold in the last 30 days. Showing 2 of 2 • Updated April 10, 2026 at 9:12 PM

View all 15 on the map
Tap any blurred sale to unlock the final sold price, full address, and sold date.

Madison Park Market Insights

See how the market is performing — prices, how fast homes are selling, and whether buyers or sellers have the advantage.

Median Sold Pricen=15

$440,000

Avg: $449,340

Range: $350,000$577,000

Sold % of Askingn=15

98.5%

Homes selling near asking

Avg Time to Selln=5(3-mo avg)

46 days

Balanced Market
3-mo avg
Avg $/Sqftn=15

$358

15 homes sold

Click a property type to view its trends in the chart below:

All Property Types

(click to filter chart)

2-Year Market Trends: All Property Types

(11 months)
$530k$462k$395k
M
J
J
N
D
M
J
J
O
D
M
May 2024: $459,900-3.9% changeMar 2026: $441,750

Negotiation & Cost Insights

Sold Above Asking

0%

67% sold below

Median Property Tax

$3,688/yr

Avg: $3,808

Home Size Range

1,0861,673

sq ft

Price Spread

±$52,148

standard deviation

15

Homes sold (last 2 years)

7

Currently for sale

3.5

Months of Inventory (MOI)

28.6%

Absorption Rate (30d)

2

New in April 2026

2 vs 0

Sold count (last 30 vs prior 30): 0.0%

Median price: $441,750 vs $0 (0.0%)

How does Madison Park compare to Innisfail?

Madison Park typical sale price

$441,750

2 sold in last 30 days

Innisfail typical sale price

$410,000

11 sold in last 30 days

Neighbourhood Guide: Madison Park, Innisfail

Neighbourhood Overview

Madison Park is a premium residential neighbourhood in the town of Innisfail, Alberta. Known for its quiet, family-friendly atmosphere, the community features spacious homes, mature landscaping, and easy access to local amenities and natural spaces.

Location

Located within Innisfail, Madison Park offers a peaceful suburban environment while remaining just a short drive from the downtown core. Its positioning provides convenient access to the Queen Elizabeth II Highway for regional commutes to Red Deer or Calgary.

Housing Character

The neighbourhood is characterized primarily by spacious, single-family detached homes on large, often pie-shaped lots. Many properties were built in the late 2000s and feature multi-car garages and private yards, reflecting a premium price positioning with an average sold price of $449,340 and 7 active listings typically seen in the area.

Schools & Education

Families in Madison Park are served by the Chinook's Edge School Division and Red Deer Catholic Regional Schools. Students have access to several nearby institutions, including École John Wilson Elementary, École Innisfail Middle School, Innisfail High School, and St. Marguerite Bourgeoys Catholic School.

Transit & Access

Madison Park is primarily a car-dependent community, which is typical for residential areas in Innisfail. Residents rely on personal vehicles for commuting and daily errands, benefiting from well-maintained, low-traffic neighbourhood streets and quick highway connectivity.

Shopping & Dining

While the neighbourhood itself is strictly residential, it is only minutes away from Innisfail's commercial hubs. Residents can easily access grocery stores, local cafes, hardware stores, and restaurants located in the downtown area and along the main community corridors.

Parks & Recreation

Residents enjoy close proximity to Innisfail's 20-kilometre paved and natural trail network. Nearby recreational highlights include the Innisfail Golf Club, Centennial Park with its off-leash dog area, and scenic spots like Dodds Lake and Napoleon Lake for outdoor activities.

Lifestyle & Community

The lifestyle in Madison Park is relaxed, suburban, and community-oriented. It heavily appeals to families and those seeking a peaceful living environment with generous property sizes, prioritizing privacy, outdoor recreation, and a strong sense of local pride.

Explore nearby neighbourhoods

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Frequently Asked Questions

The median sold price in Madison Park is $440,000 based on 15 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

Website provided by Kelly Grant

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Mortgage values are calculated by hômm and are provided for estimate purposes only.

The hômm Estimate is calculated by instantestimate.house and is provided as a general estimate only.

Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®).

Listing information last updated on April 11, 2026 at 12:00 am (America/Edmonton)

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