Madison, SD Home Values & Market Trends
Real estate market trends reflect that there have been 0 transactions over the past year in Madison. The median value for residential home transactions that occurred over the previous year is $252,229.75. The number of current listings in Madison is 11, and the percentage of properties for sale in the city is 11.00%. Madison, SD currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 11 properties for sale.
Madison, SD Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 57042 | $ 292,450 $ 162/sqft |
Housing Market Summary for Madison, SD
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $279.9K | $0 | -100.00% |
| Median Sold Price | $0 | $0 | - |
| Homes For Sale | 19 | 10 | -47.37% |
| Homes Sold | 0 | 0 | - |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Madison, SD
Browse Homes in Madison, SD
Madison home values range from $42,545 to $1,480,315. The median estimated value of a home in Madison is $252,229.75. The median list price of a home is 298,500, and the total count of properties in the city is 3,206.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Madison, SD with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Madison, SD; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Madison, SD ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Madison, SD. There is 1 zips within Madison, SD; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Madison, SD. Auction homes and other auction properties account for 0% of all properties in Madison, SD. There is 1 zips within Madison, SD; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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More Real Estate Resources for Madison, SD
Guide for Madison, SD
Madison’s real estate market continues to robustness, with varied trends across different market segments.
The Sioux Falls real estate market has seen fluctuating property values, sale prices, and sale volumes between May 2023 to March 2024, reflecting a dynamic market condition.
South Dakota Foreclosure Laws
Information on foreclosure financing, refinancing, and foreclosure mortgages.