Home Market View

Home prices, listings & rents by city and ZIP code.

… cities & places
Median sale price
<$300K$700K+

Madison, SD: housing market trends

The median home sale price in Madison, SD was $267,872 for the three-month period ending September 2026. Sale prices were 14.0% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$267,872
three-month period ending September 2026
Median sale price per sq ft
$134.05
three-month period ending September 2026
Active listings
46
three-month period ending September 2026
Typical monthly rent
Unavailable
Rent index · unavailable date

How is housing inventory changing?

There were 46 active listings for the three-month period ending September 2026. Active listings were 11.5% lower than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 24 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for Madison, SD
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$267,872$134.0523
Single-familySeptember 2026$257,397$132.8522
TownhousesSeptember 2026$346,004$271.331 · small sample
Condos / co-opsSeptember 2026UnavailableUnavailableUnavailable
Multifamily (2–4 units)September 2026UnavailableUnavailableUnavailable

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for Madison, SD
MarketMedian sale priceReporting period / source
Wentworth, SD$350,0003 months ending August 2026 · Redfin
Chester, SD$406,6693 months ending December 2025 · Redfin
Colman, SD$393,5633 months ending September 2026 · Redfin
Colton, SD$304,8553 months ending September 2026 · Redfin
Howard, SD$192,9083 months ending September 2026 · Redfin
Montrose, SD$377,3203 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for Madison, SD
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$267,872$134.0546
August 2026$285,900$139.3949
July 2026$273,000$139.6347
June 2026$256,250$131.7347
May 2026$247,000$142.8647
April 2026$247,000$142.1447
March 2026$243,000$135.6446
February 2026$197,250$123.2737
January 2026$175,750$123.5936
December 2025$214,500$127.0841
November 2025$220,000$130.5354
October 2025$198,750$129.9855
September 2025$235,000$133.3652
August 2025$244,700$133.9057
July 2025$252,150$139.1968
June 2025$266,950$139.6677
May 2025$304,500$148.7957
April 2025$271,000$126.5450
March 2025$245,000$118.9249
February 2025$150,000$112.4843
January 2025$139,900$118.9243
December 2024$199,500$120.5440
November 2024$199,500$137.0642
October 2024$198,500$139.6148

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

Look up price per square foot by ZIP codeBrowse all SD markets