Section Image

Madison

Madison

Located in Lake County

$250,514 Average Value
$190 Average Price per Sq Ft
18 Homes For Sale

Interested in learning more about homes in this area? Reach out to Gregory Doohen, an experienced agent in this area.

Agents Specializing in this Area

See All Agents

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Madison Housing Trends

Housing Trends

Median List Price
$289,900
Median Sale Price
$269,900
Median Single Family Sale Price
$299,750
Median Townhouse Sale Price
$249,800
Median 2 Bedroom Sale Price
$319,900
Median Change From 1st List Price
1%
Last 12 months Home Sales
142
Median Home Sale Price YoY Change
20%
Average Price Per Sq Ft
$190

Neighborhood Facts

Number of Homes in Neighborhood
904
Number of Homes for Sale
18
Median Year Built
1955
Months of Supply
1.50
Average Single Family Home Size Sq Ft
1,744
Below the national average
1,924
Average Townhouse Size Sq Ft
1,419
Average 2 Bedroom Size Sq Ft
1,429
Median Lot Size Sq Ft
10,018

Open Houses

  • 6008 Sunset Blvd, Madison, SD 57042

    $710,000

    • 4 Beds
    • 3.5 Baths
    • 2,910 Sq Ft
    • 6008 Sunset Blvd
    • New 14 days ago

    Enjoy lake life just steps from the water in this beautifully maintained and extensively updated 4-bedroom, 4-bathroom walkout twin home. With breathtaking views of Lake Madison from nearly every room—and from two outdoor gathering spaces—this home is designed for relaxation, entertaining, and making memories in every season. The spacious and light-filled interior features 9-foot ceilings on all

    Agent Photo
    Travis Laqua
    Hegg, REALTORS
    (605) 836-6613
    Section Image
    Section Image
  • 5007 Sunset Blvd, Madison, SD 57042

    $319,900

    • 2 Beds
    • 2 Baths
    • 1,457 Sq Ft
    • 5007 Sunset Blvd

    Lake Madison here:) Take it easy and enjoy lake life in this 2 bedroom, 2 bath condo in the peaceful Sunset Harbor Addition on Lake Madison. You’ll love the open floor plan, bright paint, and updated granite countertops—but let’s be honest, it’s all about the view. Unwind in the sunroom or kick back on the water with your own boat slip, boat lift, and jet ski lift—all included. The oversized

    Agent Photo
    Travis Laqua
    Hegg, REALTORS
    (605) 316-5936
    Section Image
    Section Image
  • 0 Tbd 457th Ave, Madison, SD 57042

    $74,900

    • 0 Tbd 457th Ave

    Here is your opportunity to build your dream home in a dream location on +/- 5.4 acres! Close to Lake Madison and easy access to Highway 34 on an oil road. Don't miss out on this! Bring your plans and build - even a shouse or barndominium!

    Agent Photo
    Brandon Burg
    Signature Realty Group LLC
    (605) 600-3033
    Section Image
    Section Image

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Madison Has More Owners

Demographics

Total Population
6,061
Median Age
35
Population Density
45 ppl/acre
Population under 18
25.3%
On par with the national average
23.8%
Population over 65
18.8%
On par with the national average
19.1%

Finances

Median Household Income
$59,038
Below the national average
$71,702
Average Household Income
$71,414

Education and Workforce

High School Graduates
89.9%
College Graduates
31.7%
Advanced Degrees
9.9%
On par with the national average
13.3%
% Population in Labor Force
71.2%
Above the national average
65.1%

Weather

Annual Precipitation
26''
Average Winter Low Temperature
5°F
Average Summer High Temperature
83°F
Annual Snowfall
28''

Area Factors

Somewhat Bikeable

Bike Score®®

45 / 100

Somewhat Walkable

Walk Score®®

64 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Madison