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Madison, SD Homes for Sale

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  • /5

    $159,900

    • Land
    • 16,570 Sq Ft
    • $420,347 per Acre

    0 Tbd Dakota Ave Ave, Madison, SD 57042

    New Development on the north shore of beautiful Lake Madison, SD. The development is located right off Highway 34; a mere 35 minutes to either Sioux Falls or Brookings, and a 5 minute drive to all the amenities in Madison. The develper is open to a variety of building options to include: single family, twin home, condo and shouses. Bring your plans or the developer has plans available to build

    Agent Photo

    Brad Benson

    Signature Realty Group LLC

    (605) 760-8363

    0 Tbd Dakota Ave Ave, Madison, SD 57042
  • /52

    $175,900

    Open Sun 1:30PM - 2:30PM $4K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,188 Sq Ft

    813 E Center St, Madison, SD 57042

    Welcome home to this beautifully updated 3-bedroom, 1-bath gem nestled in a quiet neighborhood! This move-in ready property has been completely updated and offers the perfect blend of comfort, style, and functionality. Step inside to find all new paint and brand-new carpet throughout, creating a bright and inviting atmosphere. The newly remodeled bathroom features tile surround around the tub,

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    Callie Wockenfuss

    Real Estate Retrievers of Sioux Falls

    (605) 952-5702

    813 E Center St, Madison, SD 57042
  • /6

    $130,000

    $30K PRICE DROP
    • Land
    • 2.62 Acres
    • $49,584 per Acre

    1235 Pelican Point Rd, Madison, SD 57042

    EXCLUSIVE BUILDER DISCOUNT OF $30,000.00. Spacious country lot near the Madison Country Club and Lake Herman. Build your dream home on this +/- 2.5-acre lot all with views of the country landscape just off an oil road. Enjoy the serenity of the county while being only minutes from town. All lots are connected to public roads with utilities available. Buyer is responsible for hookup fees and

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    Brandon Burg

    Signature Realty Group LLC

    (605) 205-7921

    1235 Pelican Point Rd, Madison, SD 57042
  • /46

    $535,000

    $15K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 3,216 Sq Ft

    915 Jennifer St, Madison, SD 57042

    Welcome to this spacious and versatile multi-level home, ideally located in a highly desirable neighborhood! Built in 1984, this property offers multiple living spaces and a functional layout perfect for everyday living and entertaining. Step inside to the main level living room, filled with natural light and a welcoming feel. Just a few steps up, you’ll find a second living area along with the

    Agent Photo

    Brandon Burg

    Signature Realty Group LLC

    (605) 857-4904

    915 Jennifer St, Madison, SD 57042
  • /36

    $264,500

    • 3 Beds
    • 2 Baths
    • 2,086 Sq Ft

    512 N Division Ave, Madison, SD 57042

    Step into timeless style and comfort with this beautifully maintained midcentury modern ranch, perfectly situated in a highly desirable neighborhood. This well cared for home blends classic design with thoughtful updates, offering both charm and peace of mind. Recent improvements include updated windows, water heater, drain tile system, and shingles, ensuring durability and efficiency for years

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    Adam Foland

    EXIT Realty Advantage

    (605) 667-4510

    512 N Division Ave, Madison, SD 57042
  • /28

    $399,999

    $25K PRICE DROP
    • 3 Beds
    • 3 Baths
    • 2,405 Sq Ft

    912 Jennifer St, Madison, SD 57042

    Welcome to your dream home! This Luxurious custom-built 3-bedroom, 3-bath residence offers living at its finest with a desirable location in the coveted Northeast part of Madison. As you pull up to the home, you will immediately notice the custom feel and welcoming covered front porch! Features include a spacious master bedroom with a luxurious 3/4 ensuite bathroom for ultimate comfort. A

    Agent Photo

    Brad Benson

    Signature Realty Group LLC

    (605) 674-3933

    912 Jennifer St, Madison, SD 57042
  • /23

    $79,900

    • Land
    • 1.19 Acres
    • $66,963 per Acre

    2008 Harvest Creek Ln Ln, Madison, SD 57042

    Peaceful country living, open views, no back yard neighbors and no HOA. This lot is located near Lake Herman and its public boat landing, near Madison Golf and Country Club and minutes from Madison. Enjoy the freedom of living in the country.

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    Adam Foland

    EXIT Realty Advantage

    (605) 525-4364

    2008 Harvest Creek Ln Ln, Madison, SD 57042
  • /8

    $60,000

    • Land
    • 1.87 Acres
    • $32,032 per Acre

    0 Lots 1&2 Western Est Addn N A Unit 22602683, Madison, SD 57042

    Approaches are already in place off Highway 34, just 10 minutes west of Madison. These two nearly 1 acre lots are being sold together as one parcel, offering space, flexibility, and privacy. The property features a southern exposure driveway, making it ideal for building a zero entry home, barndominium, or shouse. Kingsbrook Rural Water is available at the north property line, adding convenience

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    Kory Davis

    The Experience Real Estate

    (605) 636-8330

    0 Lots 1&2 Western Est Addn N A Unit 22602683, Madison, SD 57042
  • /9

    $399,900

    • Land
    • 11,064 Sq Ft
    • $1,574,409 per Acre

    0 Tbd Crescent Ln Ln, Madison, SD 57042

    Large Lake Front Lot on beautiful Lake Madison! A prime location with nearly 284 feet of shoreline!! Located Right off Highway 34 and a mere 35 minutes to Sioux Falls or Brookings!! Area will soon be home to a brand new beautiful development ! Bring your plans and build your dream home!!!

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    Callie Wockenfuss

    Real Estate Retrievers of Sioux Falls

    (605) 640-6572

    0 Tbd Crescent Ln Ln, Madison, SD 57042
  • /49

    $685,000

    • 4 Beds
    • 3.5 Baths
    • 2,910 Sq Ft

    6008 Sunset Blvd, Madison, SD 57042

    Enjoy Lake Madison living in this beautifully updated 4-bedroom, 4-bath walkout twin home just steps from the water! Nearly every room offers stunning lake views, plus two outdoor spaces perfect for relaxing or entertaining. Inside, you’ll love the 9-foot ceilings, hardwood floors, hickory cabinets, and two fireplaces. Recent upgrades include granite countertops, a custom bar, refreshed primary

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    Travis Laqua

    Hegg, REALTORS

    (605) 667-4247

    6008 Sunset Blvd, Madison, SD 57042
  • /32

    $299,900

    $7K PRICE DROP
    • 3 Beds
    • 3 Baths
    • 2,084 Sq Ft

    323 N Catherine Ave, Madison, SD 57042

    Set on a desirable corner lot, this home offers the perfect blend of character, space, and functionality. Mature shade and fruit trees create a peaceful outdoor setting, while the privacy-fenced yard, paver patio, deck, and three-season porch provide endless options for relaxing or entertaining.Inside, you’ll find thoughtfully designed spaces that truly stand out from the ordinary. The

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    Adam Foland

    EXIT Realty Advantage

    (605) 315-7279

    323 N Catherine Ave, Madison, SD 57042
  • /36

    $359,900

    $10K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 3,194 Sq Ft

    1504 NW 2nd St, Madison, SD 57042

    Welcome home to this spacious ranch-style retreat filled with an abundance of natural light throughout. Featuring 4 bedrooms and 2 bathrooms, this thoughtfully designed home offers generous room sizes and a beautiful kitchen perfect for both everyday living and entertaining. The expansive living space creates a tranquil setting, highlighted by a stunning vaulted wood ceiling and a full wall of

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    Adam Foland

    EXIT Realty Advantage

    (605) 636-2028

    1504 NW 2nd St, Madison, SD 57042
  • /42

    $289,900

    • 4 Beds
    • 3 Baths
    • 2,073 Sq Ft

    114 Josephine Ave N, Madison, SD 57042

    Classic charm meets modern peace of mind in this beautifully updated two-story home filled with warmth, character, and timeless appeal. The covered front porch with classic brick accents and columns adds incredible curb appeal and a welcoming first impression. Featuring 4 bedrooms and 3 bathrooms, this inviting property offers a spacious and functional layout with tall ceilings, gorgeous hardwood

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    Adam Foland

    EXIT Realty Advantage

    (605) 467-7559

    114 Josephine Ave N, Madison, SD 57042
  • /68

    $939,900

    Open Sun 1PM - 2:30PM
    • 4 Beds
    • 4 Baths
    • 3,066 Sq Ft

    120 Linden Dr, Madison, SD 57042

    Premier property at Woodland Marina on Lake Madison, where you have quick access to the wide open space of the lake or enjoy a relaxed setting on the calm water of the marina. Impeccably maintained by the original owner, this ranch walkout offers a perfect blend of space & easy maintenance. Peaceful view of the water through the wall of windows at the back of the living room greets you upon

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    Kory Davis

    The Experience Real Estate

    (605) 667-5101

    120 Linden Dr, Madison, SD 57042
  • /29

    $509,000

    $190K PRICE DROP
    • 6,800 Sq Ft

    203 Egan Ave N, Madison, SD 57042

    Prime Commercial Building and Restaurant in Madison, SD! Unlock endless potential with this turnkey business conveniently located right on Egan Ave of Madison, SD! This property boasts everything that you need in a sports bar and grill. It has a full kitchen, large dining space, recreation space including dart boards, pool table, couches for relaxing with friends and video lottery room. Liquor

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    Brandon Burg

    Signature Realty Group LLC

    (605) 972-1889

    203 Egan Ave N, Madison, SD 57042
  • /33

    $259,999

    $9K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,793 Sq Ft

    321 NW 4th St, Madison, SD 57042

    Take a look at this charming 4-bedroom, 2-bath property that offers the comfort, space, and character you’ve been looking for. From the moment you arrive, you’ll appreciate the inviting curb appeal, highlighted by mature boulevard trees and a welcoming wraparound deck—perfect for enjoying quiet mornings or entertaining guests. Inside, a generous foyer provides a warm welcome and flows seamlessly

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    Christopher Fellerman

    Hegg, REALTORS

    (605) 808-0653

    321 NW 4th St, Madison, SD 57042
  • /7

    $65,000

    $5K PRICE DROP
    • Land
    • 15,080 Sq Ft
    • $187,753 per Acre

    6097 Point Dr Dr, Madison, SD 57042

    Beautiful walkout lakeview lot. Close to Madison and popular bar and grill with only a 40-minute drive to Sioux Falls. Enjoy gorgeous views of Lake Madison and Johnson's Point dock and beach within walking distance of your front door. Utilities include Rural Water, Electricity, Natural Gas, and Lake Madison Sanitary (owner is responsible for hookups). Don't miss out on this opportunity to build

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    Brandon Burg

    Signature Realty Group LLC

    (605) 636-2483

    6097 Point Dr Dr, Madison, SD 57042
  • /36

    $119,900

    $5K PRICE DROP
    • Land
    • 1.4 Acres
    • $85,765 per Acre

    0 Bob Price Blvd Blvd Unit 22602125, Madison, SD 57042

    Spacious lot with expansive open views of the countryside! Next door to the Madison Country Club and Lake Herman makes this the perfect recreational oasis! This lot features +/-1.39 acres on all hard surface roads, (No Gravel). HOA covers snow removal and maintenance of shared concrete road. Grab your spot and plan your future!

    Agent Photo

    Adam Foland

    EXIT Realty Advantage

    (605) 453-4704

    0 Bob Price Blvd Blvd Unit 22602125, Madison, SD 57042
  • /6

    $369,900

    • Land
    • 10,537 Sq Ft
    • $1,529,144 per Acre

    0 Tbd Crescent Ln Ln, Madison, SD 57042

    Large Lake Front Lot on beautiful Lake Madison! A prime location with nearly 100 feet of shoreline!! Located Right off Highway 34 and a mere 35 minutes to Sioux Falls or Brookings!! Area will soon be home to a brand new beautiful development ! Bring your plans and build your dream home!!!

    Agent Photo

    Callie Wockenfuss

    Real Estate Retrievers of Sioux Falls

    (605) 760-8367

    0 Tbd Crescent Ln Ln, Madison, SD 57042
  • /5

    $79,900

    • Land
    • 1 Acre
    • $79,900 per Acre

    2122 Harvest Creek Ln Ln, Madison, SD 57042

    Peaceful country living, open views, no back yard neighbors and no HOA. This lot is located near Lake Herman, a public boat landing, near Madison Golf and Country Club and minutes from Madison. Enjoy the freedom of living in the country.

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    Adam Foland

    EXIT Realty Advantage

    (605) 702-4961

    2122 Harvest Creek Ln Ln, Madison, SD 57042
  • /65

    $1,295,000

    $100K PRICE DROP
    • 5 Beds
    • 3.5 Baths
    • 4,344 Sq Ft

    45054 233rd St, Madison, SD 57042

    Discover the perfect balance of luxury, space, and country living in this exceptional five-bedroom home situated on more than 30 picturesque acres, just minutes from Madison and the Madison Country Club. Thoughtfully designed with modern finishes throughout, the home offers expansive views in every direction and a setting that provides both privacy and convenience. The spacious primary suite

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    Brandon Burg

    Signature Realty Group LLC

    (605) 349-2149

    45054 233rd St, Madison, SD 57042
  • /5

    $699,900

    • 3 Beds
    • 2 Baths
    • 1,774 Sq Ft

    23346 451st Ave, Madison, SD 57042

    Welcome to this stunning new construction ranch-style home offering modern finishes, quality craftsmanship, and an unbeatable location near the Madison Country Club with beautiful views of Lake Herman. Currently under construction with an estimated completion date of 9/15/2026, this home presents an incredible opportunity to own a brand-new property in one of the Madison area’s most desirable

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    Brandon Burg

    Signature Realty Group LLC

    (605) 924-7382

    23346 451st Ave, Madison, SD 57042
  • /23

    $279,000

    • 2 Beds
    • 2 Baths
    • 1,208 Sq Ft

    5011 Sunset Blvd, Madison, SD 57042

    Discover the epitome of single-level living in this exquisite Lake Madison Condo, boasting 2 spacious bedrooms and 2 modern bathrooms for ultimate comfort and convenience. Step inside to find premium maple cabinetry, upgraded flooring throughout, and soaring 9-foot ceilings that enhance the open, airy feel of the quality-constructed interior. The oversized 1-stall garage provides ample storage

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    Christopher Fellerman

    Hegg, REALTORS

    (605) 667-4519

    5011 Sunset Blvd, Madison, SD 57042
  • /40

    $474,900

    • 3 Beds
    • 3 Baths
    • 2,612 Sq Ft

    1025 Heritage Dr, Madison, SD 57042

    Welcome home to this beautifully updated walkout ranch nestled in a well-established and highly desirable neighborhood. From the pristine lawn and mature shade trees to the extensive landscaping, this property offers outstanding curb appeal and a peaceful setting you’ll appreciate year-round.Inside, you’ll find an inviting open floor plan designed for comfortable living and entertaining. The

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    Adam Foland

    EXIT Realty Advantage

    (605) 597-7079

    1025 Heritage Dr, Madison, SD 57042
  • /3

    $89,900

    • Land
    • 34,821 Sq Ft
    • $112,459 per Acre

    0 S Tbd 2nd St St, Madison, SD 57042

    Prime opportunity in a growing area of Madison! This ±0.80-acre lot is ideally located just minutes from downtown, offering excellent accessibility and visibility. Zoned Light Manufacturing, this property opens the door to a wide range of potential uses—perfect for a shop, warehouse, storage, or small business operation. With convenient access to main roads and nearby commercial activity, this

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    Sarah Cronin

    Signature Realty Group LLC

    (605) 316-5794

    0 S Tbd 2nd St St, Madison, SD 57042
  • /36

    $369,900

    $10K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 2,017 Sq Ft

    1120 Cypress Ave, Madison, SD 57042

    Welcome to this beautifully designed 4-bedroom, 3-bathroom home located in the highly sought-after Cyber Estates neighborhood. Built in 2022 and situated on a desirable corner lot, this home offers modern finishes, functional space, and move-in ready convenience.The main level features an open-concept layout with a bright and inviting living area that flows seamlessly into the kitchen and

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    Brandon Burg

    Signature Realty Group LLC

    (605) 453-6606

    1120 Cypress Ave, Madison, SD 57042
  • /38

    $299,900

    • 3 Beds
    • 1 Bath
    • 1,586 Sq Ft

    23301 448th Ave, Madison, SD 57042

    Escape the limits of city living and discover the kind of freedom that’s becoming harder and harder to find. Enjoy calming wide open views of fields and breathtaking sunsets, this country property offers the lifestyle so many dream about — room to roam, space to breathe, and the freedom for you, your kids, and your pets to truly enjoy everyday life without the restrictions often found within city

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    Adam Foland

    EXIT Realty Advantage

    (605) 599-3823

    23301 448th Ave, Madison, SD 57042
  • /11

    $89,900

    $10K PRICE DROP
    • 4 Beds
    • 1 Bath
    • 1,280 Sq Ft

    412 SW 2nd St, Madison, SD 57042

    Investment opportunity in Madison! This four-bedroom, one-bathroom residence offers opportunity for rental income or value-add renovation. The home features convenient main-floor laundry and a functional layout. Located just a short distance from downtown, the property provides easy access to shopping, dining, and local amenities—an appealing option for tenants. Property is being sold AS IS.

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    Julie Jones

    Signature Realty Group LLC

    (605) 501-5695

    412 SW 2nd St, Madison, SD 57042
  • /5

    $179,900

    • Land
    • 25,378 Sq Ft
    • $308,788 per Acre

    0 Tbd Dakota Ave Ave, Madison, SD 57042

    New Development on the north shore of beautiful Lake Madison, SD. The development is located right off Highway 34; a mere 35 minutes to either Sioux Falls or Brookings, and a 5 minute drive to all the amenities in Madison. The develper is open to a variety of building options to include: single family, twin home, condo and shouses. Bring your plans or the developer has plans available to build

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    Brad Benson

    Signature Realty Group LLC

    (605) 674-6054

    0 Tbd Dakota Ave Ave, Madison, SD 57042
  • /5

    $169,900

    • Land
    • 21,061 Sq Ft
    • $351,396 per Acre

    0 Tbd Dakota Ave Ave, Madison, SD 57042

    New Development on the north shore of beautiful Lake Madison, SD. The development is located right off Highway 34; a mere 35 minutes to either Sioux Falls or Brookings, and a 5 minute drive to all the amenities in Madison. The develper is open to a variety of building options to include: single family, twin home, condo and shouses. All you need to do is bring your plans or they have building

    Agent Photo

    Brad Benson

    Signature Realty Group LLC

    (605) 349-1156

    0 Tbd Dakota Ave Ave, Madison, SD 57042
  • /37

    $534,000

    $116K PRICE DROP
    • 3 Beds
    • 3 Baths
    • 2,061 Sq Ft

    6199 Browning Dr, Madison, SD 57042

    Check out this move in ready 3 bedroom 3 bath home with panoramic views of Lake Madison from the wrap around deck. Some recent updates to included fresh paint on the main and second floor and some new light fixtures. Main floor boasts an open floor plan with views of the lake, wood burning fireplace, and primary bedroom with walk-in closet. The upper level has an additional two bedrooms with

    Agent Photo

    Brad Benson

    Signature Realty Group LLC

    (605) 460-6170

    6199 Browning Dr, Madison, SD 57042
  • /5

    $79,999

    • Land
    • 10,907 Sq Ft
    • $319,485 per Acre

    813 Harter Dr, Madison, SD 57042

    Location! Location! No HOA! Build your dream home in Madison's newest development, "The Reserve"! Located in popular NE Madison! Lots are various sizes up to 1/2 acre within city limits with curb/gutter and blacktop road! Pick your lot today!

    Brenda Thompson Signature Realty Group LLC

    813 Harter Dr, Madison, SD 57042
  • /5

    $79,999

    • Land
    • 13,660 Sq Ft
    • $255,099 per Acre

    912 Harter Dr, Madison, SD 57042

    Location! Location! No HOA! Build your dream home in Madison’s newest development, “The Reserve”! Located in popular NE Madison! Lots are various sizes up to 1⁄2 acre within city limits with curb/gutter and blacktop road! Pick your lot today!

    Brenda Thompson Signature Realty Group LLC

    912 Harter Dr, Madison, SD 57042
  • /5

    $79,999

    • Land
    • 13,163 Sq Ft
    • $264,722 per Acre

    935 Harter Cir, Madison, SD 57042

    Location! Location! Build your dream home in Madison’s newest development, “The Reserve”! Located in popular NE Madison! Lots are various sizes up to 1⁄2 acre within city limits with curb/gutter and blacktop road! Pick your lot today!

    Brenda Thompson Signature Realty Group LLC

    935 Harter Cir, Madison, SD 57042
  • /5

    $59,999

    • Land
    • 9,260 Sq Ft
    • $282,215 per Acre

    916 Harter Dr, Madison, SD 57042

    Location! Location! No HOA! Build your dream home in Madison’s newest development, “The Reserve”! Located in popular NE Madison! Lots are various sizes up to 1⁄2 acre within city limits with curb/gutter and blacktop road! Pick your lot today!

    Brenda Thompson Signature Realty Group LLC

    916 Harter Dr, Madison, SD 57042
  • /5

    $70,000

    • Land
    • 12,458 Sq Ft
    • $244,755 per Acre

    612 Harter Dr, Madison, SD 57042

    Attention Investors! Build a twinhome in Madison’s newest development, The Reserve, with land costs of only $35,000 per side!

    Brenda Thompson Signature Realty Group LLC

    612 Harter Dr, Madison, SD 57042
  • /5

    $69,999

    • Land
    • 11,247 Sq Ft
    • $271,104 per Acre

    932 Harter Dr, Madison, SD 57042

    Location! Location! Build your dream home in Madison’s newest development, “The Reserve”! Located in popular NE Madison! Lots are various sizes up to 1⁄2 acre within city limits with curb/gutter and blacktop road! Pick your lot today!

    Brenda Thompson Signature Realty Group LLC

    932 Harter Dr, Madison, SD 57042
  • /6

    $70,000

    • Land
    • 12,458 Sq Ft
    • $244,755 per Acre

    602 Harter Dr, Madison, SD 57042

    Attention Investors! Build a twinhome in Madison’s newest development, The Reserve, with land costs of only $35,000 per side!

    Brenda Thompson Signature Realty Group LLC

    602 Harter Dr, Madison, SD 57042
  • /47

    $550,000

    Open House 6/14 $10K PRICE DROP
    • 3 Beds
    • 3 Baths
    • 1,840 Sq Ft

    815 Heatherwood Ave, Madison, SD 57042

    Better than new! Built in 2021, this impeccably maintained 3BR/3BA ranch in desirable NE Madison combines modern sophistication with incredible expansion potential. The open-concept main level is anchored by a gourmet chef’s kitchen featuring premium granite countertops, stainless appliances, farmhouse sink, and a massive social island. The layout flows into a sun-drenched living area,

    Angela Peters EXIT Realty Advantage

    815 Heatherwood Ave, Madison, SD 57042
  • /5

    $99,999

    • Land
    • 27,834 Sq Ft
    • $156,493 per Acre

    941 Harter Dr, Madison, SD 57042

    Location! Location! Build your dream home in Madison’s newest development, “The Reserve”! Located in popular NE Madison! Lots are various sizes up to 1⁄2 acre within city limits with curb/gutter and blacktop road! Pick your lot today!

    Brenda Thompson Signature Realty Group LLC

    941 Harter Dr, Madison, SD 57042

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Why Live in Madison

Madison, located in Lake County, South Dakota, is a small city known as "the Heart of the Prairie," situated between Lake Madison and Lake Herman, approximately 50 miles northwest of Sioux Falls. With a population of about 6,200, Madison is home to Dakota State University, which significantly influences the local culture and economy. The city features a mix of vintage architecture, ranch-style homes, and contemporary residences, with newer twin homes in the northeast. Madison's downtown along Egan Avenue hosts small businesses, dining options like Prime Time Tavern and Los Tapatios, and entertainment venues such as Dakota Cinema. The city offers various community events, including the MadTown summer series and the Prairie Village Steam Threshing Jamboree. Outdoor amenities include Baughman/Belatti Park, the Gerry Maloney Nature Area, and the Madison Aquatic Center. Nearby Lake Herman State Park and Walker's Point Recreation Area provide opportunities for biking, birdwatching, and boating. Madison's public schools on Ninth Street receive high ratings, and the city also has private school options. The DSU campus offers public amenities like the Madison Community Center and the Dakota Prairie Playhouse. Madison is accessible via State Route 34, U.S. Route 81, and State Route 19, with East Dakota Transit Inc. providing shuttle services.

Frequently Asked Questions

What is the average home price in Madison, SD?
Homes for sale in Madison, SD have an average home price of $258,355.
Are home prices dropping in Madison?
Yes, home prices in Madison are down 2% in the last 12 months.
How many homes have sold over the last 12 months in Madison, SD?
94 homes have sold in Madison, SD over the last 12 months.
What is the average household income in Madison, SD?
The average household income in Madison, SD is $71K.
What are the most popular zip codes in Madison, SD?
The most popular zip codes in Madison, SD include 57042, 57075, 57016, 57017 and 57018.
How much do you need to make to afford a house in Madison?
The median home price in Madison is $249,850. If you put a 20% down payment of $50,000 and had a 30-year fixed mortgage with an interest rate of 6.48%, your estimated principal and interest payment would be $1,260 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $54K a year to afford the median home price in Madison. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Madison is $71K.
How are the schools in Madison, SD?
Madison, SD has highly rated public and private schools. Some of the best schools in Madison based on Niche Grades are Madison Elementary School, Madison High School and Madison Middle School. Browse all the schools in Madison, SD to learn more.

Home Prices in Madison, SD

Home Price Trends

Median Sale Price
$238,000
Median Single Family Sale Price
$243,700
Median Townhouse Sale Price
$272,000
Median 2 Bedroom Sale Price
$200,000
Median 1 Bedroom Sale Price
$368,000
Average Price Per Sq Ft
$158
Number of Homes for Sale
21
Last 12 months Home Sales
94
Months of Supply
2.70
Median List Price
$249,850
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
5%
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