Lake Madison, SD Housing Market
The Lake Madison housing market is not very competitive. The median sale price of a home in Lake Madison was $985K last month, up 245.7% since last year. The median sale price per square foot in Lake Madison is $229, up 17.4% since last year.
Lake Madison Housing Market Trends
since last year
since last year
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How hot is the Lake 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 12 months
- Multiple offers are rare.
- The average homes sell for about 5% below list price and go pending in around 57 days.
- Hot homescan sell for around list price and go pending in around 30 days.
Lake Madison Migration & Relocation Trends
Home offer insights for Lake Madison
Recent offers
View houses in Lake Madison that sold recently
Recently sold homes
- $715,000 Last Sold Price4 beds3 baths1,708 sq ft39 Golf Dr, Wentworth, SD 57075List Price$715,000Sale to List0% over listDays on Market69 days39 Golf Dr, Wentworth, SD 57075
- $985,000 Last Sold Price4 beds3.5 baths4,299 sq ft6210 N Lakeside Dr, Madison, SD 57042List Price$995,000Sale to List1% under listDays on Market167 days6210 N Lakeside Dr, Madison, SD 57042
- $200,000 Last Sold Price3 beds2 baths1,200 sq ft6467 Hares Ln, Wentworth, SD 57075List Price$199,900Sale to List0% over listDays on Market56 days6467 Hares Ln, Wentworth, SD 57075
- $85,000 Last Sold Price—beds—baths—sq ft7 Lenola Heights Dr, Wentworth, SD 57075List Price$84,000Sale to List1% over listDays on Market618 days7 Lenola Heights Dr, Wentworth, SD 57075
- $62,500 Last Sold Price—beds—baths—sq ft5 Lenola Heights Dr, Wentworth, SD 57075List Price$88,000Sale to List29% under listDays on Market618 days5 Lenola Heights Dr, Wentworth, SD 57075
- $85,000 Last Sold Price—beds—baths—sq ft6 Lenola Heights Dr, Wentworth, SD 57075List Price$84,000Sale to List1% over listDays on Market618 days6 Lenola Heights Dr, Wentworth, SD 57075
- $62,500 Last Sold Price3 beds2 baths1,280 sq ft6790 461st Ave #23, Wentworth, SD 57075List Price$75,000Sale to List17% under listDays on Market123 days6790 461st Ave #23, Wentworth, SD 57075
- $780,000 Last Sold Price4 beds3 baths2,258 sq ft202 Best Point Dr, Madison, SD 57042List Price$799,900Sale to List2% under listDays on Market118 days202 Best Point Dr, Madison, SD 57042
See all recently sold homes in Lake Madison.
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Schools in Lake Madison
- Elementary
- Middle
- High
GreatSchools Rating
No elementary schools in this region.
Climate's impact on Lake Madison housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Lake Madison.
Flood Factor - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Minimal
Wind Factor
Heat Factor - Minor
Heat Factor
Transportation in Lake Madison
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