What is the median home price in Madison, SD?

The median home value in Madison, SD is approximately $191,400, with median rent around $874/mo (U.S. Census ACS). Madison is in Lake County.

What is the cost of living like in Madison, SD?

Madison has a median household income near $62,180 against a median home value of $191,400 and median rent of $874/mo. South Dakota's state income tax is None and effective property tax runs around 1.01%.

Can I use Remote Prop View in Madison, SD?

Yes. Remote Prop View's market data, demographics, and scam-aware research tools work nationwide. Our deep property search, comparable sales, and TruReport verification packet currently focus on the Dallas-Fort Worth, TX metro.

Madison, SD Real Estate

Madison is a city in Lake County, South Dakota with a population of about 6,158. The median home value is near $191,400, and median rent runs around $874/mo.

Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.

Median Home Value

$191,400

Median Rent

$874/mo

Population

6,158

Median Income

$62,180

Median Age

39.6

Homeownership

55.9%

Monthly payment on a median Madison home

Example for a $191,400 home: 20% down, 30-yr at ~6.75%, SD property tax ~1.01%, 0.4% insurance.

Est. monthly (PITI)

$1,218

Principal & interest

$993

Property tax / mo

$161

Down payment (20%)

$38,280

Madison at a glance

26% of residents 25+ hold a bachelor's degree or higher.
55.9% of occupied homes are owner-occupied.
Median household income is $62,180.
Always verify the assigned school district, flood zone, and HOA for a specific address before signing.

Other South Dakota cities

Sioux Falls →Rapid City →Aberdeen →Brookings →Watertown →Mitchell →

Research your move with Remote Prop View

Market data and scam-aware research work nationwide. Deep property search and TruReport verification are live for Dallas-Fort Worth.

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