Lake County, SD Housing Market
The median sale price of a home in Lake County was $240K last month, up 16.5% since last year. The median sale price per square foot in Lake County is $137, up 14.2% since last year.
Lake County Housing Market Trends
In November 2025, Lake County home prices were up 16.5% compared to last year, selling for a median price of $240K. On average, homes in Lake County sell after 47 days on the market compared to 64 days last year. There were 10 homes sold in November this year, up from 5 last year.

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View houses in Lake County that sold recently
Recently sold homes
- $223,000 Last Sold Price3 beds2 baths1,807 sq ft925 N Harth Ave Ave, Madison, SD 57042List Price$225,000Sale to List1% under listDays on Market62 days925 N Harth Ave Ave, Madison, SD 57042
- $245,000 Last Sold Price3 beds3 baths1,352 sq ft412 S Lincoln Ave Ave, Madison, SD 57042List Price$249,900Sale to List2% under listDays on Market71 days412 S Lincoln Ave Ave, Madison, SD 57042
- $175,000 Last Sold Price—beds—baths—sq ft303 S Division Ave Ave, Madison, SD 57042List Price$185,000Sale to List5% under listDays on Market125 days303 S Division Ave Ave, Madison, SD 57042
- $163,000 Last Sold Price3 beds1 bath1,172 sq ft609 NW 2nd St St, Madison, SD 57042List Price$164,900Sale to List1% under listDays on Market83 days609 NW 2nd St St, Madison, SD 57042
- $132,000 Last Sold Price2 beds1 bath1,072 sq ft717 NW 2nd St St, Madison, SD 57042List Price$145,000Sale to List9% under listDays on Market111 days717 NW 2nd St St, Madison, SD 57042
- $92,500 Last Sold Price—beds—baths—sq ft940 Harter Cir Cir, Madison, SD 57042List Price$99,999Sale to List7% under listDays on Market811 days940 Harter Cir Cir, Madison, SD 57042
- $206,000 Last Sold Price4 beds2.5 baths2,075 sq ft420 NE 1st St St, Madison, SD 57042List Price$199,900Sale to List3% over listDays on Market84 days420 NE 1st St St, Madison, SD 57042
- $265,000 Last Sold Price4 beds2 baths2,141 sq ft520 N Josephine Ave Ave, Madison, SD 57042List Price$250,000Sale to List6% over listDays on Market41 days520 N Josephine Ave Ave, Madison, SD 57042
See all recently sold homes in Lake County.
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Schools in Lake County
- Elementary
- Middle
- High
GreatSchools Rating
8/10 Madison Elementary School - 07 Public • K-5 | 508 Students | 1 reviews |
5/10 Rustic Acres Elementary - 04 Public • K-8 | 36 Students | 1 reviews |
5/10 Chester Elementary -02 Public • PreK-5 | 159 Students | N/A |
1/10 Graceville Colony School - 07 Public • K-8 | 15 Students | N/A |
NR Rutland Elementary - 02 Public • PreK-5 | 79 Students | N/A |
Climate's impact on Lake County housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Lake County.
Flood Factor - Minor
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Minor
Wind Factor

Heat Factor - Minor
Heat Factor

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