29

Madison, SD Homes for Sale under $400,000

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  • /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

    $259,999

    $9K 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
  • /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
  • /36

    $364,900

    $15K 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
  • /46

    $289,897

    $10K 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
  • /26

    $239,999

    • 6 Beds
    • 2 Baths
    • 1,898 Sq Ft

    712 N Summit Ave, Madison, SD 57042

    Welcome to this spacious and charming 6-bedroom, 2-bath home in Madison, SD! Featuring beautiful hardwood floors throughout the main level, this well-maintained property offers excellent versatility for homeowners and investors alike.Ideally located near Dakota State University (DSU), the home is perfectly suited as a primary residence or a strong rental opportunity for students or

    Agent Photo

    Christopher Fellerman

    Hegg, REALTORS

    712 N Summit Ave, 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
  • /28

    $164,900

    • 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

    $192,500

    $3K 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
  • /45

    $259,900

    $5K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 2,086 Sq Ft

    512 N Division Ave, Madison, SD 57042

    Step into timeless style and comfort with this beautifully maintained midcentury modern ranch, perfectly situated in a highly desirable neighborhood. This well cared for home blends classic design with thoughtful updates, offering both charm and peace of mind. Recent improvements include updated windows, water heater, drain tile system, and shingles, ensuring durability and efficiency for years

    Agent Photo

    Adam Foland

    EXIT Realty Advantage

    512 N Division 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 luxurious 3/4 ensuite bathroom for ultimate comfort. A

    Agent Photo

    Brad Benson

    Signature Realty Group LLC

    912 Jennifer St, Madison, SD 57042
  • /67

    $234,900

    • 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
    • 1,288 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
  • /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

    Angela Peters EXIT Realty Advantage

    400 S Block Washington Ave 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
  • /21

    $164,900

    • 2 Beds
    • 1 Bath
    • 1,050 Sq Ft

    900 W Center St, Madison, SD 57042

    Welcome to this maintained 2 bedroom, 1 bath home featuring an oversized 26 x 30 detached garage situated on a corner lot. Step inside to find a warm and welcoming main level featuring a recently renovated formal dining room, cozy living room, 3/4 bath and lovely kitchen with painted cabinets. Round out the main floor with two bedrooms featuring hardwood flooring. Build some sweat equity with the

    Christopher Thompson Midwest Realty

    900 W Center St, Madison, SD 57042
  • /14

    $149,500

    • Land
    • 23,761 Sq Ft
    • $274,060 per Acre

    6090 Dakota 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, 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
  • /41

    $287,900

    • 4 Beds
    • 2.5 Baths
    • 2,244 Sq Ft

    618 Lincoln Ave N, Madison, SD 57042

    Welcome home to this charming 2-story property situated on a large corner lot located in the heart of Madison within walking distance of Dakota State University. Enjoy your morning coffee on the cozy front porch, and appreciate the convenience of the back mudroom featuring built-in bench seating and storage. A main-floor bathroom has been thoughtfully added just off the welcoming foyer, enhancing

    Brenda Thompson Signature Realty Group LLC

    618 Lincoln Ave N, Madison, SD 57042
  • /27

    $240,000

    • 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
  • /31

    $104,900

    $5K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 874 Sq Ft

    714 NW 3rd St, Madison, SD 57042

    Why pay rent when you can build equity? This charming ranch-style home offers affordable ownership with comfort and opportunity. Featuring 2 bedrooms and 1 bath, the inviting layout welcomes you through a cozy entry with storage into a spacious living room that flows seamlessly into the kitchen—perfect for everyday living. Recent improvements include a new shower and vanity (April 2026) and a new

    Miranda Krumm Signature Realty Group LLC

    714 NW 3rd 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
$235,500
Median Single Family Sale Price
$230,450
Median Townhouse Sale Price
$281,800
Median 2 Bedroom Sale Price
$182,450
Median 1 Bedroom Sale Price
$368,000
Average Price Per Sq Ft
$161
Number of Homes for Sale
23
Last 12 months Home Sales
88
Months of Supply
3.10
Median List Price
$249,800
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-8%
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