Madison, SD Housing Market
The Madison housing market is somewhat competitive. The median sale price of a home in Madison was $207K last month, up 38.4% since last year. The median sale price per square foot in Madison is $125, up 30.7% since last year.
Madison Housing Market Trends
since last year
since last year
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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 3% below list price and go pending in around 64 days.
- Hot homescan sell for about 1% below list price and go pending in around 39 days.
Madison Migration & Relocation Trends
Home offer insights for Madison
Recent offers
View houses in Madison that sold recently
Recently sold homes
- $195,000 Last Sold Price4 beds2 baths1,551 sq ft417 SW 1st St, Madison, SD 57042List Price$199,900Sale to List2% under listDays on Market35 days417 SW 1st St, Madison, SD 57042
- $308,000 Last Sold Price3 beds2.5 baths2,024 sq ft1414 Hampton Ct, Madison, SD 57042List Price$314,900Sale to List2% under listDays on Market185 days1414 Hampton Ct, Madison, SD 57042
- $299,000 Last Sold Price4 beds2 baths2,079 sq ft924 NE 5th St, Madison, SD 57042List Price$299,000Sale to List0% over listDays on Market46 days924 NE 5th St, Madison, SD 57042
- $534,900 Last Sold Price5 beds3 baths3,316 sq ft1027 Twin Oaks Dr, Madison, SD 57042List Price$534,900Sale to List0% over listDays on Market91 days1027 Twin Oaks Dr, Madison, SD 57042
- $190,000 Last Sold Price2 beds1.5 baths1,180 sq ft320 N Liberty Ave, Madison, SD 57042List Price$194,900Sale to List3% under listDays on Market52 days320 N Liberty Ave, Madison, SD 57042
- $65,000 Last Sold Price—beds—baths—sq ftTBD Bob Price Blvd Lot 4, Madison, SD 57042List Price$80,000Sale to List19% under listDays on Market1817 daysTBD Bob Price Blvd Lot 4, Madison, SD 57042
- $170,000 Last Sold Price2 beds1.5 baths1,688 sq ft817 W Center St, Madison, SD 57042List Price$175,000Sale to List3% under listDays on Market62 days817 W Center St, Madison, SD 57042
- $137,500 Last Sold Price2 beds2 baths672 sq ft314 N Union Ave, Madison, SD 57042List Price$137,500Sale to List0% over listDays on Market30 days314 N Union Ave, Madison, SD 57042
See all recently sold homes in Madison.
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Schools in Madison
- Elementary
- Middle
- High
GreatSchools Rating
6/10 Madison Elementary School - 07 Public • K-5 | 556 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 - Minimal
Wind Factor
Heat Factor - Minor
Heat Factor
Transportation in Madison
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