Madison, SD Housing Market
The Madison housing market is not very competitive. The median sale price of a home in Madison was $264K last month, up 11.2% since last year. The median sale price per square foot in Madison is $137, down 6.5% 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 3 months
- Multiple offers are rare.
- The average homes sell for about 4% below list price and go pending in around 60 days.
- Hot homescan sell for around list price and go pending in around 32 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
- $385,000 Last Sold Price3 beds3.5 baths3,220 sq ft836 N Maplewood Dr, Madison, SD 57042List Price$399,000Sale to List4% under listDays on Market56 days836 N Maplewood Dr, Madison, SD 57042
- $263,000 Last Sold Price4 beds2 baths1,576 sq ft506 Silver Creek Cir, Madison, SD 57042List Price$259,900Sale to List1% over listDays on Market51 days506 Silver Creek Cir, Madison, SD 57042
- $845,000 Last Sold Price4 beds3.5 baths3,459 sq ft1894 Stoney Point Rd, Madison, SD 57042List Price$875,000Sale to List3% under listDays on Market94 days1894 Stoney Point Rd, Madison, SD 57042
- $382,500 Last Sold Price3 beds1.5 baths1,584 sq ft45442 231st St, Madison, SD 57042List Price$369,900Sale to List3% over listDays on Market56 days45442 231st St, Madison, SD 57042
- $254,000 Last Sold Price2 beds2 baths1,340 sq ft515 Division Ave, Madison, SD 57042List Price$269,900Sale to List6% under listDays on Market57 days515 Division Ave, Madison, SD 57042
- $145,000 Last Sold Price2 beds1 bath1,348 sq ft607 NE 3rd St, Madison, SD 57042List Price$145,000Sale to List0% over listDays on Market104 days607 NE 3rd St, Madison, SD 57042
- $249,800 Last Sold Price2 beds2 baths1,035 sq ft1106 NE 11th St, Madison, SD 57042List Price$249,800Sale to List0% over listDays on Market103 days1106 NE 11th St, Madison, SD 57042
- $415,000 Last Sold Price3 beds2.5 baths2,592 sq ft1126 N Division Ave, Madison, SD 57040-2List Price$425,000Sale to List2% under listDays on Market83 days1126 N Division Ave, Madison, SD 57040-2
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 | 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

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