14

Madison, SD Homes for Sale under $200,000

Section Image Section Image
  • /22

    $159,900

    • 2 Beds
    • 2 Baths
    • 1,504 Sq Ft

    916 N Harth Ave, Madison, SD 57042

    Charming 2 Bed, 2 Bath Home – Prime Location Near DSU & Downtown! Discover the potential of this versatile 2-bedroom, 2-bathroom home—perfect for affordable living or a smart investment opportunity! Ideally located just minutes from Dakota State University and downtown, this property offers both convenience and flexibility. The main floor features a full kitchen, one bedroom, bathroom, and

    Agent Photo

    Brandon Burg

    Signature Realty Group LLC

    (605) 827-7519

    916 N Harth Ave, Madison, SD 57042
  • /27

    $199,000

    • 3 Beds
    • 2 Baths
    • 1,842 Sq Ft

    915 N Liberty Ave, Madison, SD 57042

    This is a great opportunity to own a three bedroom two bath ranch style home in Madison SD! This home has two levels of finish and room to expand beyond the three current bedrooms. The yard is large and has alley access in the back! The double attached garage will be welcomed as the weather gets colder! This home has plenty of room to roam and tons of storage. Some of the features are main

    Adam Foland EXIT Realty Advantage

    915 N Liberty Ave, Madison, SD 57042
  • /22

    $164,900

    • 3 Beds
    • 1 Bath
    • 1,172 Sq Ft

    609 NW 2nd St, Madison, SD 57042

    Discover this affordable, move-in ready three-bedroom, one-bathroom home featuring a detached double garage. This charming home includes numerous updates and thoughtful upgrades. The open floor plan seamlessly connects the living room and dining area, highlighting abundant natural light from large windows, high ceilings, and attractive flooring. The remodeled kitchen provides ample cabinets and

    Lori Hansen Signature Realty Group LLC

    609 NW 2nd St, Madison, SD 57042
  • /7

    $184,990

    • 3 Beds
    • 1 Bath
    • 1,305 Sq Ft

    514 Chicago Ave N, Madison, SD 57042

    Classic charm, modern amenities, and excellent location. This well-maintained 1924-built home offers a generous lot, functional living space, and a spacious workshop-equipped garage—all within walking distance to schools. It blends timeless appeal with practical comforts, from updated flooring and appliances to efficient heating and cooling. With recent price adjustment and attractive financing

    Larry Mullinix Amy Stockberger Real Estate

    514 Chicago Ave N, Madison, SD 57042
  • /36

    $199,900

    • 4 Beds
    • 2.5 Baths
    • 2,075 Sq Ft

    420 NE 1st St, Madison, SD 57042

    This home offers four bedrooms and three bathrooms, showcasing distinctive character and several appealing features. The open floor plan is complemented by original trim work and solid wood doors, reflecting thoughtful craftsmanship. Designed with ample storage in mind, the property includes numerous built-in units and generously sized closets in each bedroom. The property features a private,

    Julie Jones Signature Realty Group LLC

    420 NE 1st St, Madison, SD 57042
  • /27

    $159,900

    • 2 Beds
    • 1 Bath
    • 1,072 Sq Ft

    717 NW 2nd St, Madison, SD 57042

    Charming single-family ranch-style residence featuring two bedrooms and one bathroom. The main floor boasts 9-foot ceilings and showcases original 1914 woodwork, including beveled glass doors and built-in cabinetry. Additional highlights include a versatile three-season porch and a basement area with potential for further living space. This property offers considerable curb appeal.

    Julie Jones Signature Realty Group LLC

    717 NW 2nd St, Madison, SD 57042
  • /12

    $185,000

    • Land
    • 1.1 Acres
    • $168,274 per Acre

    303 S Division Ave, Madison, SD 57042

    Over one acre of total land with two lots and building eligibility for each ready for your vision! There is a 40x60 shop that is insulated, has concrete floor, and a no sweat roof installed in 2020. There are two other buildings including a 32x20 shed and 14x25 building. There is city water and sewer stubbed to the property. There is a nice shelter belt and fruit trees around and on the

    Adam Foland EXIT Realty Advantage

    303 S Division Ave, Madison, SD 57042
  • /12

    $129,900

    • 2 Beds
    • 1 Bath
    • 832 Sq Ft

    712 N West Ave, Madison, SD 57042

    Charming Two-Bedroom Home in a Prime Location! Discover the perfect blend of comfort and convenience in this affordable two-bedroom, one-bath home, ideally situated on a spacious lot with alley access and a single-stall detached garage. Step inside to find newer carpet and stylish wood laminate flooring throughout, creating a warm and inviting atmosphere. The updated kitchen boasts new

    Brenda Thompson Signature Realty Group LLC

    712 N West Ave, Madison, SD 57042
  • /5

    $159,900

    • Land
    • 0.38 Acre
    • $420,347 per Acre

    0 Tbd Dakota Ave Unit 4 22506156, Madison, SD 57042

    New Development on the north shore of beautiful Lake Madison, SD. The development is located right off Highway 34; a mere 35 minutes to either Sioux Falls or Brookings, and a 5 minute drive to all the amenities in Madison. The develper is open to a variety of building options to include: single family, twin home, condo and shouses. Bring your plans or the developer has plans available to build

    Brad Benson Signature Realty Group LLC

    0 Tbd Dakota Ave Unit 4 22506156, Madison, SD 57042
  • /5

    $169,900

    • Land
    • 0.48 Acre
    • $351,396 per Acre

    0 Tbd Dakota Ave Unit 3 22506155, Madison, SD 57042

    New Development on the north shore of beautiful Lake Madison, SD. The development is located right off Highway 34; a mere 35 minutes to either Sioux Falls or Brookings, and a 5 minute drive to all the amenities in Madison. The develper is open to a variety of building options to include: single family, twin home, condo and shouses. All you need to do is bring your plans or they have building

    Brad Benson Signature Realty Group LLC

    0 Tbd Dakota Ave Unit 3 22506155, Madison, SD 57042
  • /5

    $179,900

    • Land
    • 0.58 Acre
    • $308,788 per Acre

    0 Tbd Dakota Ave Unit 1, Madison, SD 57042

    New Development on the north shore of beautiful Lake Madison, SD. The development is located right off Highway 34; a mere 35 minutes to either Sioux Falls or Brookings, and a 5 minute drive to all the amenities in Madison. The develper is open to a variety of building options to include: single family, twin home, condo and shouses. Bring your plans or the developer has plans available to build

    Brad Benson Signature Realty Group LLC

    0 Tbd Dakota Ave Unit 1, Madison, SD 57042
  • /6

    $114,900

    • Land
    • 0.31 Acre
    • $368,033 per Acre

    400 S Block Washington Ave, Madison, SD 57042

    This lot is a clean slate! Bring your business plan to life here on one of the busiest roads in Madison. The exposure is perfect for an up and coming business. Washington Avenue has recently been completely redone to accommodate changes to the city's infrastructure. With access to water, natural gas, electricity, and sewer, this piece of property with a level topography is ideal for the

    Angela Peters EXIT Realty Advantage

    400 S Block Washington Ave, Madison, SD 57042
  • /22

    $139,900

    • 3 Beds
    • 1 Bath
    • 1,064 Sq Ft

    712 S Egan Ave, Madison, SD 57042

    Charming 3-Bedroom Home! This beautifully updated 3-bedroom, 1-bath residence is a true gem. Featuring new siding and windows and a new roof, you’ll have peace of mind knowing this home is move-in ready and well-maintained. Step inside to discover a bright and welcoming atmosphere, thanks to fresh paint and new flooring. The convenient main floor laundry and mechanicals relocated to the main

    Sarah Cronin Signature Realty Group LLC

    712 S Egan Ave, Madison, SD 57042
  • /25

    $149,900

    • 2 Beds
    • 1 Bath
    • 740 Sq Ft

    615 NW 1st St, Madison, SD 57042

    Ranch style home with updated flooring throughout home along with updated kitchen cabinets and countertops with stainless steel appliances, this cozy 2 bedroom, 1 bath house is move-in ready. The backyard is fenced in, and the property also features a detached garage.

    Rick Trapp eXp Realty

    615 NW 1st St, Madison, SD 57042

Home Trends in Madison, SD

Housing Trends

Median Sale Price
$240,000
Median Single Family Sale Price
$261,450
Median Townhouse Sale Price
$250,050
Median 2 Bedroom Sale Price
$185,000
Average Price Per Sq Ft
$179
Number of Homes for Sale
36
Last 12 months Home Sales
51
Months of Supply
8.50
Median List Price
$254,850
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
43%
How to Buy a Home How to Finance a Home How to Sell a Home