Madison, SD Housing Market

Homes for sale

The Madison housing market is somewhat competitive. The median sale price of a home in Madison was $149K last month, down 29.3% since last year. The median sale price per square foot in Madison is $104, up 0.5% since last year.

Trends
Demand
Migration
Schools
Climate

Madison Housing Market Trends

What is the housing market like in Madison today?

$149K

Sale Price

-29.3%
since last year

$104

Sale $/Sq. Ft.

+0.5%
since last year

Under List Price

1.7%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Madison and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Madison add value to a home.

How hot is the Madison housing market?

Madison is somewhat competitive. Homes sell in 54 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 54 days.
Hot homes
can sell for around list price and go pending in around 37 days.

Madison Migration & Relocation Trends

No data on migration and relocation available in this area right now

Learn about migration trends in nearby cities

View houses in Madison that sold recently

Recently sold homes

SOLD DEC 11, 2024
$75,000 Last Sold Price
—beds
—baths
—sq ft
Territorial Rd, Madison, SD 57042
List Price
$79,900
Sale to List
6% under list
Days on Market
26 days
Territorial Rd, Madison, SD 57042
SOLD NOV 25, 2024
$92,000 Last Sold Price
2 beds
1.5 baths
1,440 sq ft
636 E Center St, Madison, SD 57042
List Price
$99,900
Sale to List
8% under list
Days on Market
47 days
636 E Center St, Madison, SD 57042
SOLD NOV 22, 2024
$270,000 Last Sold Price
2 beds
2 baths
1,208 sq ft
5011 Sunset Blvd, Madison, SD 57042
List Price
$279,900
Sale to List
4% under list
Days on Market
64 days
5011 Sunset Blvd, Madison, SD 57042
SOLD NOV 15, 2024
3D WALKTHROUGH
$270,000 Last Sold Price
3 beds
2 baths
2,240 sq ft
721 N Catherine Ave, Madison, SD 57042
List Price
$272,500
Sale to List
1% under list
Days on Market
100 days
721 N Catherine Ave, Madison, SD 57042
SOLD NOV 1, 2024
$77,400 Last Sold Price
3 beds
1 bath
864 sq ft
409 S Van Eps Ave, Madison, SD 57042
List Price
$77,500
Sale to List
0% under list
Days on Market
65 days
409 S Van Eps Ave, Madison, SD 57042
SOLD NOV 1, 2024
$206,000 Last Sold Price
3 beds
1 bath
1,418 sq ft
601 SE 9th St, Madison, SD 57042
List Price
$219,900
Sale to List
6% under list
Days on Market
49 days
601 SE 9th St, Madison, SD 57042
SOLD OCT 31, 2024
$240,000 Last Sold Price
5 beds
2 baths
2,692 sq ft
123 SW 8th St, Madison, SD 57042
List Price
$249,900
Sale to List
4% under list
Days on Market
54 days
123 SW 8th St, Madison, SD 57042
SOLD OCT 28, 2024
VIDEO TOUR
$470,000 Last Sold Price
3 beds
2 baths
1,464 sq ft
23812 SD HWY 19 Hwy, Madison, SD 57042
List Price
$479,900
Sale to List
2% under list
Days on Market
110 days
23812 SD HWY 19 Hwy, Madison, SD 57042
See all recently sold homes in Madison.
See listings

Schools in Madison

Learn about schools in the Madison area

Elementary
Middle
High

GreatSchools Rating

6/10

Madison Elementary School - 07

Public • K-5

504

Students

1 reviews

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

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.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Minor

99% of properties are at minor risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Madison

New Listings in Madison

Nearby City Housing Markets

Zip Code Housing Markets

57042 Housing Market

Nearby City Listings

Zip Code Listings

57042 Real Estate

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