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Madison, SD Condo for Sale

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    $285,000

    • 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

    Agent Photo

    Christopher Fellerman

    Hegg, REALTORS

    (605) 231-9412

    5011 Sunset Blvd, Madison, SD 57042

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.

Home Trends in Madison, SD

Housing Trends

Median Sale Price
$235,500
Median Single Family Sale Price
$240,000
Median Townhouse Sale Price
$285,800
Median 2 Bedroom Sale Price
$185,000
Average Price Per Sq Ft
$164
Number of Homes for Sale
26
Last 12 months Home Sales
88
Months of Supply
3.50
Median List Price
$249,800
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
40%
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