Madison, SD Housing Market
The Madison housing market is somewhat competitive. The median sale price of a home in Madison was $199K last month, down 19.0% since last year. The median sale price per square foot in Madison is $116, down 16.5% since last year.
Madison Housing Market Trends
since last year
since last year

How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Madison housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Some homes get multiple offers.
- The average homes sell for about 4% below list price and go pending in around 56 days.
- Hot homescan sell for around list price and go pending in around 12 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
- Multiple offers are rare.
- The average homes sell for about 5% below list price and go pending in around 116 days.
- Hot homescan sell for around list price and go pending in around 32 days.
Madison Migration & Relocation Trends
View houses in Madison that sold recently
Recently sold homes
- $250,000 Last Sold Price2 beds2 baths1,035 sq ft1114 11th St NE St NE, Madison, SD 57042List Price$249,500Sale to List0% over listDays on Market147 days1114 11th St NE St NE, Madison, SD 57042
- $110,000 Last Sold Price2 beds1 bath926 sq ft420 S Egan Ave Ave, Madison, SD 57042List Price$110,000Sale to List0% over listDays on Market29 days420 S Egan Ave Ave, Madison, SD 57042
- $500,000 Last Sold Price3 beds3 baths2,003 sq ft6019 Sunset Blvd Blvd, Madison, SD 57042List Price$510,000Sale to List2% under listDays on Market73 days6019 Sunset Blvd Blvd, Madison, SD 57042
- $580,000 Last Sold Price4 beds3.5 baths2,582 sq ft6014 Sunset Blvd Blvd, Madison, SD 57042List Price$580,000Sale to List0% over listDays on Market129 days6014 Sunset Blvd Blvd, Madison, SD 57042
- $95,000 Last Sold Price3 beds1 bath1,620 sq ft620 N Blanche Ave Ave, Madison, SD 57042List Price$105,000Sale to List10% under listDays on Market96 days620 N Blanche Ave Ave, Madison, SD 57042
- $230,000 Last Sold Price3 beds2 baths—sq ft1110 NE 3rd St St, Madison, SD 57042List Price$237,900Sale to List3% under listDays on Market53 days1110 NE 3rd St St, Madison, SD 57042
- $382,000 Last Sold Price5 beds2 baths—sq ft23935 454th Ave Ave, Madison, SD 57042List Price$417,899Sale to List9% under listDays on Market92 days23935 454th Ave Ave, Madison, SD 57042
- $125,000 Last Sold Price2 beds1.5 baths—sq ft612 NW 8th St St, Madison, SD 57042List Price$134,900Sale to List7% under listDays on Market64 days612 NW 8th St St, Madison, SD 57042
See all recently sold homes in Madison.
See listings
Schools in Madison
- Elementary
- Middle
- High
GreatSchools Rating
8/10 Madison Elementary School - 07 Public • K-5 | 508 Students | 1 reviews |
Climate's impact on Madison housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Madison.
Flood Factor - Minor
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Minor
Wind Factor

Heat Factor - Minor
Heat Factor

More real estate resources for Madison
New Listings in Madison
Nearby City Housing Markets
Zip Code Housing Markets
Nearby City Listings
Zip Code Listings
About us
Find us
Subsidiaries
Affiliated Business
Copyright: © 2025 Redfin. All rights reserved.
Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.
Do not sell or share my personal information.
REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.
California DRE #01521930
Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures
New Mexico Real Estate Licenses
TREC: Info About Brokerage Services, Consumer Protection Notice
All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.
Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.
If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.
REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.










United States
Canada