Madison, SD Real Estate Market Summary – September 8, 2026

In Madison, SD, the real estate market has recorded a total of 7 properties sold in the last 30 days. Homes are averaging a sale pace of 1 every 4 days and are typically remaining on the market for approximately 14 days before selling.

Metric 30 Days
Number Sold 7
Sold Per Day 1 every 4.29 days
Average SQFT 1483
Median Sales Price $214,500
Average Sales Price $248,966
Average Price Per SQFT $154
Average Days on Market 14
Average Year Built 1943

 

Madison, SD Single Family Home Analysis

The single-family home segment has also seen 7 properties sold, with an average living area of 1,483 square feet. The median sale price for these homes is $214,500, and they are taking about 14 days to sell on average.

Metric 30 Days
Number Sold 7
Sold Per Day 1 every 4.29 days
Average SQFT 1483
Median Sales Price $214,500
Average Sales Price $248,966
Average Price Per SQFT $154
Average Days on Market 14
Average Year Built 1943

 

Madison, SD Condo & Townhome Analysis

There is no market data available for that home type at this time.

 

Buyer & Seller Analysis

  • 1 home sold every 4 days
  • Median days on market for homes is 8
  • Median home price is $214,500
  • No sales data for condo and townhome properties

Conclusion

Overall, Madison’s real estate market shows stable metrics for single-family homes, while there is no activity reported in the condo and townhome segment.

Subscribe here to more in-depth analysis and reporting.
Your first name so we know who to address.