Data as of July 2026. Source: Realtor.com.
The MADISON, SD real estate market (57042) currently shows 54 active listings, with 18 pending sales. Homes are averaging 79 days on the market before going under contract.
Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 79 days on market compared to 34 days last year.
The median listing price has risen 6% year-over-year, from $329,000 to $348,800.
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.
Population: 8,178 · Density: 16.3/mi² · Median household income: $70,046
Typical home value: $193,518 · Homeownership: 66.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 57042 | Madison, SD 57042 | 0.0 mi | 40 | $20,299,160 | $410,000 | $507,479 |
| 57016 | Chester, SD 57016 | 11.3 mi | 3 | $2,355,576 | $801,625 | $785,192 |
| 57048 | Montrose, SD 57048 | 16.5 mi | 5 | $2,094,585 | $349,750 | $418,917 |
| 57321 | Canova, SD 57321 | 21.1 mi | 1 | $99,900 | $99,900 | $99,900 |
| 57071 | Volga, SD 57071 | 22.3 mi | 2 | $764,900 | $382,450 | $382,450 |
| 57035 | Humboldt, SD 57035 | 23.2 mi | 4 | $794,600 | $198,650 | $198,650 |
| 57003 | Baltic, SD 57003 | 25.7 mi | 11 | $12,304,952 | $737,450 | $1,118,632 |
| 57033 | Hartford, SD 57033 | 26.7 mi | 20 | $12,762,880 | $477,500 | $638,144 |
| 57374 | Spencer, SD 57374 | 27.3 mi | 4 | $1,085,868 | $259,900 | $271,467 |
| 57212 | Arlington, SD 57212 | 27.9 mi | 4 | $2,353,200 | $575,000 | $588,300 |
| 57006 | Brookings, SD 57006 | 29.3 mi | 75 | $29,339,100 | $354,900 | $391,188 |
| 57323 | Carthage, SD 57323 | 31.0 mi | 1 | $199,000 | $199,000 | $199,000 |
| 57002 | Aurora, SD 57002 | 31.8 mi | 6 | $1,650,000 | $275,000 | $275,000 |
As of July 2026, there are 54 active listings in MADISON, SD (zip code 57042), compared to 60 the prior year.
The median listing price in MADISON, SD 57042 is $348,800 as of July 2026, a 6% increase from $329,000 the prior year.
Homes in MADISON, SD 57042 spend an average of 79 days on the market before going under contract, compared to 34 days the prior year.
Based on current inventory and days-on-market data as of July 2026, MADISON, SD 57042 is currently a Balanced Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 79 days on market compared to 34 days last year.
With SELL123.com's maximum 3% commission, sellers in MADISON, SD 57042 save an estimated $6,976 compared to a typical 5% commission on the median listing price of $348,800. 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.