Population: 8,178 · Density: 16.3/mi² · Median household income: $70,046
Typical home value: $193,518 · Homeownership: 66.8%
Data as of January 2026. Source: Realtor.com.
The MADISON, SD real estate market (57042) currently shows 40 active listings, with 5 pending sales. Homes are averaging 129 days on the market before going under contract.
Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 129 days on market compared to 71 days last year.
The median listing price has risen 18.2% year-over-year, from $332,425 to $392,800.
Whether you are buying or selling in MADISON, SD, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 57042 | Madison, SD 57042 | 0.0 mi | 40 | $18,132,040 | $392,800 | $453,301 |
| 57016 | Chester, SD 57016 | 11.3 mi | 3 | $2,208,399 | $769,000 | $736,133 |
| 57018 | Colton, SD 57018 | 15.0 mi | 2 | $479,800 | $239,900 | $239,900 |
| 57048 | Montrose, SD 57048 | 16.5 mi | 5 | $2,099,750 | $272,000 | $419,950 |
| 57349 | Howard, SD 57349 | 21.3 mi | 6 | $3,116,730 | $329,900 | $519,455 |
| 57022 | Dell Rapids, SD 57022 | 22.6 mi | 9 | $4,761,000 | $349,950 | $529,000 |
| 57024 | Egan, SD 57024 | 23.4 mi | 2 | $280,000 | $140,000 | $140,000 |
| 57020 | Crooks, SD 57020 | 26.3 mi | 11 | $5,008,443 | $350,000 | $455,313 |
| 57012 | Canistota, SD 57012 | 27.1 mi | 4 | $1,880,000 | $470,000 | $470,000 |
| 57028 | Flandreau, SD 57028 | 27.7 mi | 7 | $1,242,500 | $173,450 | $177,500 |
| 57249 | Lake Preston, SD 57249 | 29.2 mi | 5 | $2,100,500 | $219,900 | $420,100 |
| 57055 | Renner, SD 57055 | 29.8 mi | 3 | $3,219,900 | $1,090,000 | $1,073,300 |
| 57107 | Sioux Falls, SD 57107 | 31.2 mi | 109 | $42,161,527 | $349,999 | $386,803 |
As of January 2026, there are 40 active listings in MADISON, SD (zip code 57042), compared to 28 the prior year.
The median listing price in MADISON, SD 57042 is $392,800 as of January 2026, a 18.2% increase from $332,425 the prior year.
Homes in MADISON, SD 57042 spend an average of 129 days on the market before going under contract, compared to 71 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MADISON, SD 57042 is currently a Buyer's Market. Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 129 days on market compared to 71 days last year.
With SELL123.com's maximum 3% commission, sellers in MADISON, SD 57042 save an estimated $7,856 compared to a typical 5% commission on the median listing price of $392,800. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.