35

Madison, SD Homes for Sale under $400,000

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  • /49

    $389,900

    • 5 Beds
    • 4 Baths
    • 3,077 Sq Ft

    500 N Egan Ave, Madison, SD 57042

    Step into a piece of history with this iconic landmark property, beautifully situated on a spacious corner lot and offering timeless architectural charm with exceptional versatility. Rich in character and meticulously cared for, this one-of-a-kind residence seamlessly blends historic elegance with modern functionality.The home's striking exterior is highlighted by an impressive double-decker

    Agent Photo

    Adam Foland

    EXIT Realty Advantage

    500 N Egan Ave, Madison, SD 57042
  • /28

    $399,999

    $25K PRICE DROP
    • 3 Beds
    • 3 Baths
    • 2,405 Sq Ft

    912 Jennifer St, Madison, SD 57042

    Welcome to your dream home! This Luxurious custom-built 3-bedroom, 3-bath residence offers living at its finest with a desirable location in the coveted Northeast part of Madison. As you pull up to the home, you will immediately notice the custom feel and welcoming covered front porch! Features include a spacious master bedroom with a 3/4 ensuite bathroom for ultimate comfort. A renovated kitchen

    Agent Photo

    Brad Benson

    Signature Realty Group LLC

    912 Jennifer St, Madison, SD 57042
  • /9

    $399,900

    • Land
    • 11,064 Sq Ft
    • $1,574,409 per Acre

    0 Tbd Crescent Ln Ln, Madison, SD 57042

    Large Lake Front Lot on beautiful Lake Madison! A prime location with nearly 284 feet of shoreline!! Located Right off Highway 34 and a mere 35 minutes to Sioux Falls or Brookings!! Area will soon be home to a brand new beautiful development ! Bring your plans and build your dream home!!!

    Agent Photo

    Callie Wockenfuss

    Real Estate Retrievers of Sioux Falls

    0 Tbd Crescent Ln Ln, Madison, SD 57042
  • /33

    $249,999

    $19K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,793 Sq Ft

    321 NW 4th St, Madison, SD 57042

    Take a look at this charming 4-bedroom, 2-bath property that offers the comfort, space, and character you’ve been looking for. From the moment you arrive, you’ll appreciate the inviting curb appeal, highlighted by mature boulevard trees and a welcoming wraparound deck—perfect for enjoying quiet mornings or entertaining guests. Inside, a generous foyer provides a warm welcome and flows seamlessly

    Agent Photo

    Christopher Fellerman

    Hegg, REALTORS

    321 NW 4th St, Madison, SD 57042
  • /31

    $239,900

    $20K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,972 Sq Ft

    706 Union Ave S, Madison, SD 57042

    Escape to your own private retreat with this beautiful log home nestled on nearly an acre of picturesque, park-like grounds. Surrounded by mature trees and open green space, this property offers the perfect balance of privacy, natural beauty, and peaceful country-style living while being in the convenience if the city limits.Inside, you'll be welcomed by the warmth and timeless character that

    Agent Photo

    Adam Foland

    EXIT Realty Advantage

    706 Union Ave S, Madison, SD 57042
  • /36

    $119,900

    $5K PRICE DROP
    • Land
    • 1.4 Acres
    • $85,765 per Acre

    0 Bob Price Blvd Blvd Unit 22602125, Madison, SD 57042

    Spacious lot with expansive open views of the countryside! Next door to the Madison Country Club and Lake Herman makes this the perfect recreational oasis! This lot features +/-1.39 acres on all hard surface roads, (No Gravel). HOA covers snow removal and maintenance of shared concrete road. Grab your spot and plan your future!

    Agent Photo

    Adam Foland

    EXIT Realty Advantage

    0 Bob Price Blvd Blvd Unit 22602125, Madison, SD 57042
  • /6

    $369,900

    • Land
    • 10,537 Sq Ft
    • $1,529,144 per Acre

    0 Tbd Crescent Ln Ln, Madison, SD 57042

    Large Lake Front Lot on beautiful Lake Madison! A prime location with nearly 100 feet of shoreline!! Located Right off Highway 34 and a mere 35 minutes to Sioux Falls or Brookings!! Area will soon be home to a brand new beautiful development ! Bring your plans and build your dream home!!!

    Agent Photo

    Callie Wockenfuss

    Real Estate Retrievers of Sioux Falls

    0 Tbd Crescent Ln Ln, Madison, SD 57042
  • /6

    $114,900

    • Land
    • 13,599 Sq Ft
    • $368,033 per Acre

    400 S Block Washington Ave 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

    Agent Photo

    Angela Peters

    EXIT Realty Advantage

    400 S Block Washington Ave Ave, Madison, SD 57042
  • /36

    $359,900

    $20K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 2,017 Sq Ft

    1120 Cypress Ave, Madison, SD 57042

    Welcome to this beautifully designed 4-bedroom, 3-bathroom home located in the highly sought-after Cyber Estates neighborhood. Built in 2022 and situated on a desirable corner lot, this home offers modern finishes, functional space, and move-in ready convenience.The main level features an open-concept layout with a bright and inviting living area that flows seamlessly into the kitchen and

    Agent Photo

    Brandon Burg

    Signature Realty Group LLC

    1120 Cypress Ave, Madison, SD 57042
  • /44

    $269,900

    $30K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,586 Sq Ft

    23301 448th Ave, Madison, SD 57042

    Escape the limits of city living and discover the kind of freedom that’s becoming harder and harder to find. Enjoy calming wide open views of fields and breathtaking sunsets, this country property offers the lifestyle so many dream about — room to roam, space to breathe, and the freedom for you, your kids, and your pets to truly enjoy everyday life without the restrictions often found within city

    Agent Photo

    Adam Foland

    EXIT Realty Advantage

    23301 448th Ave, Madison, SD 57042
  • /40

    $209,900

    • 4 Beds
    • 2 Baths
    • 1,584 Sq Ft

    513 SE 1st St, Madison, SD 57042

    Welcome to this updated and well-cared-for two-story home offering four bedrooms, two baths, and a detached oversized two-stall garage with alley access. The heritage and character of this home shine through in the beautiful stained-glass windows and original woodwork, while tasteful updates throughout add modern charm and comfort including the kitchen and main floor laundry. Upstairs, you’ll

    Agent Photo

    Julie Jones

    Signature Realty Group LLC

    513 SE 1st St, Madison, SD 57042
  • /5

    $179,900

    • Land
    • 25,378 Sq Ft
    • $308,788 per Acre

    0 Tbd Dakota Ave Ave, 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

    Agent Photo

    Brad Benson

    Signature Realty Group LLC

    0 Tbd Dakota Ave Ave, Madison, SD 57042
  • /5

    $169,900

    • Land
    • 21,061 Sq Ft
    • $351,396 per Acre

    0 Tbd Dakota Ave Ave, 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

    Agent Photo

    Brad Benson

    Signature Realty Group LLC

    0 Tbd Dakota Ave Ave, Madison, SD 57042
  • /5

    $159,900

    • Land
    • 16,570 Sq Ft
    • $420,347 per Acre

    0 Tbd Dakota Ave Ave, 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

    Agent Photo

    Brad Benson

    Signature Realty Group LLC

    0 Tbd Dakota Ave Ave, Madison, SD 57042
  • /8

    $124,900

    • Land
    • 1.84 Acres
    • $67,880 per Acre

    0 Stoney Point Rd Rd Unit 22605821, Madison, SD 57042

    Build your dream home on this beautiful 1.84-acre lot featuring scenic views of Lake Herman. Ideally situated just minutes from Madison and near Lake Herman boat access, this property offers both convenience and a peaceful setting. Kingbrook Rural Water, electricity, and natural gas are available adjacent to the lot. Buyer is responsible for all utility hookups and verification of locations.

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    Chris Buckley

    eXp Realty - Elevated Sioux Falls

    0 Stoney Point Rd Rd Unit 22605821, Madison, SD 57042
  • /28

    $154,900

    $10K PRICE DROP
    • 5 Beds
    • 2 Baths
    • 1,934 Sq Ft

    109 NE 4th St, Madison, SD 57042

    Spacious 5-bedroom, 2-bath home offering plenty of room for a growing family, rental income potential, or investment opportunity. This property has seen extensive updates, including all new windows, siding, roof, flooring throughout, front deck, front entry door, sliding patio door, appliances, updated bathroom, and an updated electrical panel.The generous floor plan provides abundant living

    Agent Photo

    Adam Foland

    EXIT Realty Advantage

    109 NE 4th St, Madison, SD 57042
  • /17

    $179,900

    $16K PRICE DROP
    • 1 Bed
    • 1 Bath
    • 720 Sq Ft

    6114 Dakota Ave, Madison, SD 57042

    Affordable rustic cabin with views of Lake Madison! This lakeview corner-lot property offers quick access to Johnson's Point, just minutes from your front door, while providing convenient space for your lake toys and recreational equipment. Inside, you'll find original hardwood flooring in the living and dining rooms, complemented by charming pine walls that create a warm cabin atmosphere. With

    Agent Photo

    Julie Jones

    Signature Realty Group LLC

    6114 Dakota Ave, Madison, SD 57042
  • /6

    $130,000

    $30K PRICE DROP
    • Land
    • 2.62 Acres
    • $49,584 per Acre

    1235 Pelican Point Rd, Madison, SD 57042

    EXCLUSIVE BUILDER DISCOUNT OF $30,000.00. Spacious country lot near the Madison Country Club and Lake Herman. Build your dream home on this +/- 2.5-acre lot all with views of the country landscape just off an oil road. Enjoy the serenity of the county while being only minutes from town. All lots are connected to public roads with utilities available. Buyer is responsible for hookup fees and

    Agent Photo

    Brandon Burg

    Signature Realty Group LLC

    1235 Pelican Point Rd, Madison, SD 57042
  • /26

    $220,000

    • 3 Beds
    • 2 Baths
    • 1,780 Sq Ft

    908 Union Ave N Ave, Madison, SD 57042

    Here is your opportunity to build fast equity in a fantastic Madison location! This charming split-foyer home sits on a gorgeous lot, offering 3 bedrooms and 2 bathrooms. The main level features bedrooms and a renovated main bath complete with a luxurious sit-down Jacuzzi tub. Head downstairs to find a third bedroom, an additional bath, and a family room equipped with a built-in dry bar—ideal for

    Wes Vis AMERI/STAR Real Estate, Inc.

    908 Union Ave N Ave, Madison, SD 57042
  • /2

    $329,800

    • 2 Beds
    • 2 Baths
    • 1,000 Sq Ft

    1106 Cyber Ct Ct, Madison, SD 57042

    Welcome home to this inviting split-foyer with a bright, open-concept layout and vaulted ceilings that create a spacious feel throughout the main living areas. The kitchen is designed for both everyday living and entertaining, featuring abundant cabinetry, a pantry, and an island that flows into the dining area with convenient access to the deck—perfect for summer gatherings, or relaxing

    Lori Hansen Signature Realty Group LLC

    1106 Cyber Ct Ct, Madison, SD 57042
  • /67

    $229,000

    $6K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,958 Sq Ft

    121 N Liberty Ave, Madison, SD 57042

    Welcome to this spacious 2-story home situated on a desirable corner lot! Featuring 4 bedrooms, 2 bathrooms, and a 3-stall garage, this property offers plenty of space for comfortable living, storage, and hobbies. Mature trees provide abundant shade, creating a peaceful outdoor setting, while the wonderful covered deck is the perfect place to relax or entertain family and friends. Whether you're

    Josh Fiedler Amy Stockberger Real Estate

    121 N Liberty Ave, Madison, SD 57042
  • /2

    $348,800

    • 2 Beds
    • 2 Baths
    • 1,085 Sq Ft

    1104 Cyber Ct Ct, Madison, SD 57042

    This well-designed ranch-style home offers 2 bedrooms and 2 bathrooms. The open-concept living area features vaulted ceilings and a comfortable living room that flows seamlessly into the kitchen and dining area, creating a welcoming space for everyday living and entertaining. The kitchen features stainless steel appliances and a functional layout perfect for cooking and gathering. The private

    Lori Hansen Signature Realty Group LLC

    1104 Cyber Ct Ct, Madison, SD 57042
  • /6

    $150,000

    • Land
    • 1.74 Acres
    • $86,415 per Acre

    0 Lot 7 Marr's Beach Ln Ln Unit 22605431, Madison, SD 57042

    Build your dream lake retreat on one of Lake Madison's most unique parcels! Nestled in the desirable Marr's Beach Addition, this 1.74-acre lot offers an exceptional combination of space, privacy, and natural beauty. Towering mature trees create a picturesque backdrop while the peaceful water views and surrounding landscape provide the perfect setting to design your ideal home or weekend getaway.

    Eric Harms Hegg, REALTORS

    0 Lot 7 Marr's Beach Ln Ln Unit 22605431, Madison, SD 57042
  • /18

    $147,500

    • Land
    • 23,761 Sq Ft
    • $270,394 per Acre

    6090 Dakota Ave Ave, Madison, SD 57042

    Rare opportunity to purchase multiple residential lots being offered together as one listing at beautiful Lake Madison! With over 1 acre combined, this unique property provides the perfect setting to build your dream lake retreat or year-round residence with added space, flexibility, and privacy. Enjoy the freedom to design a custom home, additional garage space, storage buildings, or outdoor

    Ron Weber Hegg, REALTORS

    6090 Dakota Ave Ave, Madison, SD 57042
  • /2

    $348,800

    • 2 Beds
    • 2 Baths
    • 1,288 Sq Ft

    1219 NE 11th St St, Madison, SD 57042

    New Construction Available! This well-designed floor plan includes two bedrooms, two bathrooms, a two-car garage, and a covered patio. The open-concept layout features vaulted ceilings in the living room, a dining area with sliding doors opening to the covered deck—ideal for enjoying the outdoors. The kitchen is equipped with an island, pantry and SS Appliances. The primary suite offers a tiled

    Lori Hansen Signature Realty Group LLC

    1219 NE 11th St St, Madison, SD 57042
  • /8

    $160,000

    • Land
    • 1.81 Acres
    • $88,315 per Acre

    0 Lot 8 Marr's Beach Ln Ln Unit 22605432, Madison, SD 57042

    Discover the perfect place to create your own Lake Madison getaway on this exceptional 1.81-acre lot in the desirable Marr's Beach Addition. Surrounded by mature trees and the beauty of nature, this spacious parcel offers a peaceful setting with plenty of room to build the home you've always envisioned. Whether you're dreaming of a year-round residence or a weekend retreat, you'll appreciate the

    Eric Harms Hegg, REALTORS

    0 Lot 8 Marr's Beach Ln Ln Unit 22605432, Madison, SD 57042
  • /26

    $330,000

    $31K PRICE INCREASE
    • 4 Beds
    • 2.5 Baths
    • 2,136 Sq Ft

    1111 N Union Ave, Madison, SD 57042

    Perfect for a single family or an investment opportunity. Side by side units available to purchase. Spacious 4 bed, 3 bath with over 2000 sq. ft. of space, this home offers an attached 2-car garage and a fenced backyard for your privacy and enjoyment. Step inside and be captivated by the open floor plan, seamlessly connecting the living and dining areas to a stylish kitchen. Equipped with sleek

    Nicholas Blau Real Broker LLC

    1111 N Union Ave, Madison, SD 57042
  • /2

    $341,800

    • 2 Beds
    • 2 Baths
    • 1,033 Sq Ft

    1110 Cyber Ct Ct, Madison, SD 57042

    Welcome home to this beautifully designed ranch-style home offering 2 bedrooms, 2 bathrooms, and inviting main-level living! The open-concept floor plan creates a warm and spacious feel, with the living room featuring a tray ceiling and flowing seamlessly into the kitchen and dining area—perfect for everyday living. The kitchen offers stainless steel appliances and island. Relax in the primary

    Lori Hansen Signature Realty Group LLC

    1110 Cyber Ct Ct, Madison, SD 57042
  • /6

    $189,900

    • 1,800 Sq Ft

    1302 John Deere Cir Cir, Madison, SD 57042

    Why rent a commercial shop when you can own it? Rare opportunity to own a brand new, energy efficient 30x60 commercial shop outfitted with the small contractor in mind! 1800 sq ft with 16' ceilings and a 16x14' overhead door with remote, bathroom, floor drain, radiant heat, internet, huge parking lot to allow for semi truck traffice for delivery all located in a growing commercial and industrial

    Mark Fiechtner Dynamic Realty

    1302 John Deere Cir Cir, Madison, SD 57042
  • /21

    $330,000

    $20K PRICE DROP
    • 4 Beds
    • 2.5 Baths
    • 2,136 Sq Ft

    1115 N Union Ave, Madison, SD 57042

    Perfect for a single family or an investment opportunity. Side by side units available to purchase. Spacious 4 bed, 3 bath with over 2000 sq. ft. of space, this home offers an attached 2-car garage and a fenced backyard for your privacy and enjoyment. Step inside and be captivated by the open floor plan, seamlessly connecting the living and dining areas to a stylish kitchen. Equipped with sleek

    Nicholas Blau Real Broker LLC

    1115 N Union Ave, Madison, SD 57042
  • /48

    $150,000

    • 3 Beds
    • 1.5 Baths
    • 962 Sq Ft

    219 Union Ave S, Madison, SD 57042

    This two story century plus old home features 3 bedrooms, 2 bathrooms, and a detatched one stall garage with an additional carport. The main floor features a living room, master bedroom & bath, and a kitchen with a slider door out to the backyard. The upper level features two additional bedrooms & a bathroom. New central air installed! Currently used as a rental property this could remain with

    Justin Garry Hegg, REALTORS

    219 Union Ave S, Madison, SD 57042
  • /27

    $227,000

    $13K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,294 Sq Ft

    413 8th St SE Unit 4, Madison, SD 57042

    Stress-free living starts here. This inviting 2-bedroom with a non-conforming 3rd, 2-bath home features a smart and comfortable layout with two bedrooms and one full bath on the main floor, along with a bright living room, defined dining space, and convenient main-floor laundry. The lower level offers a spacious third bedroom, second bath, and a large unfinished room—perfect for future expansion

    Zane Lentsch Keller Williams Realty Sioux Falls

    413 8th St SE Unit 4, Madison, SD 57042
  • /2

    $337,800

    • 3 Beds
    • 2 Baths
    • 1,275 Sq Ft

    1134 NE 11th St St, Madison, SD 57042

    NEW Construction! This thoughtfully designed home features 3 bedrooms, 2 bathrooms, and an attached 3-stall garage. The open-concept layout showcases vaulted ceilings and a spacious living room filled with natural light. The beautiful kitchen offers an island, pantry, and direct access to the covered patio—perfect for enjoying outdoor living and entertaining. The primary suite provides a private

    Lori Hansen Signature Realty Group LLC

    1134 NE 11th St St, Madison, SD 57042
  • /2

    $334,800

    • 3 Beds
    • 2 Baths
    • 1,301 Sq Ft

    1132 NE 11th St St, Madison, SD 57042

    NEW Construction! This thoughtfully designed home features 3 bedrooms, 2 bathrooms, and an attached 2-stall garage. The open-concept layout showcases vaulted ceilings, a spacious living room with patio access-perfect for relaxing or outdoor entertaining. The beautiful kitchen offers a island, walk-in pantry, and flows seamlessly into the dining area. The primary suite provides a private retreat

    Lori Hansen Signature Realty Group LLC

    1132 NE 11th St St, Madison, SD 57042
  • /5

    $330,000

    • Land
    • 26,336 Sq Ft
    • $545,815 per Acre

    TBD Washington Ave Se Ave, Madison, SD 57042

    Premier 0.60-acre commercial corner lot located at the southwest corner of Washington Ave NE and 10th St SE in Madison. Zoned Highway Business and Gateway Transition 1, offering excellent visibility in a high-traffic corridor, and prime development in a key commercial location. City utilities available.

    Deana Olszewski Hegg, REALTORS

    TBD Washington Ave Se Ave, Madison, SD 57042

Home Price Trends

Median Sale Price
$248,250
Median Single Family Sale Price
$265,000
Median Townhouse Sale Price
$330,000
Median 2 Bedroom Sale Price
$249,500
Median 1 Bedroom Sale Price
$368,000
Average Price Per Sq Ft
$179
Number of Homes for Sale
27
Last 12 months Home Sales
80
Months of Supply
4.10
Median List Price
$259,900
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
1%
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