Madison, SD Homes for Sale under $400,000

/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 luxurious 3/4 ensuite bathroom for ultimate comfort. A

Brad Benson

Signature Realty Group LLC

(605) 674-3933

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!!!

Callie Wockenfuss

Real Estate Retrievers of Sioux Falls

(605) 640-6572

0 Tbd Crescent Ln Ln, Madison, SD 57042
/36
$369,900
- 4 Beds
- 2 Baths
- 3,194 Sq Ft
1504 NW 2nd St, Madison, SD 57042

Welcome home to this spacious ranch-style retreat filled with an abundance of natural light throughout. Featuring 4 bedrooms and 2 bathrooms, this thoughtfully designed home offers generous room sizes and a beautiful kitchen perfect for both everyday living and entertaining. The expansive living space creates a tranquil setting, highlighted by a stunning vaulted wood ceiling and a full wall of

Adam Foland

EXIT Realty Advantage

(605) 636-2028

1504 NW 2nd St, Madison, SD 57042
/29
$309,900
- 2 Beds
- 2 Baths
- 1,879 Sq Ft
809 NW 4th St, Madison, SD 57042

$2,500 credit toward adding an egress window for a potential third bedroom. This beautifully updated home is truly move-in ready and offers the perfect blend of comfort and functionality. Recent improvements include some newer paint, a newer roof, furnace, A/C, windows, flooring, countertops, faucets, and updated appliances—giving you peace of mind from day one. Inside, you’ll love the spacious

Sarah Cronin

Signature Realty Group LLC

(605) 657-0643

809 NW 4th St, 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!!!

Callie Wockenfuss

Real Estate Retrievers of Sioux Falls

(605) 760-8367

0 Tbd Crescent Ln Ln, Madison, SD 57042
/36
$369,900

$10K 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

Brandon Burg

Signature Realty Group LLC

(605) 453-6606

1120 Cypress 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
/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
/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
/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
$375,000
- Land
- 26,336 Sq Ft
- $620,245 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

South Dakota Lake County Madison

Home Trends in Madison, SD

On average, homes in Madison, SD sell after 61 days on the market compared to the national average of 58 days. The median sale price for homes in Madison, SD over the last 12 months is $236,000, up 40% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$236,000

Median Single Family Sale Price

$240,000

Median Townhouse Sale Price

$280,900

Median 2 Bedroom Sale Price

$235,000

Average Price Per Sq Ft

$159

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

2.90

Median List Price

$249,800

Median Change From 1st List Price

Median Home Sale Price YoY Change

40%

How to Buy a Home How to Finance a Home How to Sell a Home

Explore the array of homes and houses for sale under $400,000 in Madison, where you'll find 12 options tailored for those seeking affordable real estate opportunities. Whether you're interested in spacious family homes, modern townhouses, or cozy bungalows, Madison offers a diverse range of choices to match your needs and financial considerations. Take advantage of these affordably-priced properties to make your move into the real estate market in Madison, SD.

Madison Types of Homes for Sale

Madison Homes by Price

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Homes for Sale in Nearby Counties

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