Madison, SD Market Trends

Last updated November 15, 2026

The median home price in Madison is $338,850, up 6.6% year-over-year. Median price per square foot is down 21.6% at $167/sq. ft. Homes are selling in 293 days on average, compared to 143 days last year. As of November 15, 2026, there are 42 active listings on the market, with 1 new listing in the last 7 days.

Median home price

$338K

6.6% YoY

YoY price change

+6.6%

+$20,950

Days on market

293

+150 days YoY

Active homes

42

17.6% YoY

Market trends and statistics

Median list price

$338,850

6.6% YoY

Inventory

42

17.6% YoY

Price per SqFt

$167

21.6% YoY

Days on market

293 days

104.9% YoY

Home size

1,848 sqft

6.6% YoY

Compare nearby cities

City	Median price	YoY change	$/Sqft	Days on market	Active homes
Madison	$338,850	+6.6%	$167	293	42
Wentworth	$599,900	-27.7%	$324	703	21
Rutland	$259,900	—	$159	7	1
Ramona	$637,000	+431.3%	$233	54	2
Brant Lake	$715,000	0%	$241	85	1
Nunda	$739,900	0%	$258	194	1

Education in Madison, SD

Select a district to view it's schools.

Madison Central School District 39-2

Madison Central School District 39-2 has 1 high school, 1 middle school, and 1 elementary school. It has an overall average GreatSchools rating of 5/10.

6/10

Madison Elementary School - 07

Grades K-5

See zoned homes

Data provided by GreatSchools.