Housing Prices in Madison Township, SD

How much do homes in Madison Township, SD cost?

Median List Price

$295,000

$184/sqft

Based on all homes listed in October 2024.

Difference Since Last Month

-$4,900(-1.6%)

Key Takeaway

The list price of homes in Madison Township has decreased by 1.6% since September.

Summary: The median home list price in Madison Township was $295,000 in October 2024, down 1.6% from the previous month, and the median price per square foot was $184.

Median List Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $289.9K$279.9K
-3.4%
3 $205.2K$239.9K
+16.9%
4 $447K$295K
-34.0%
5+ $449.9K$499.9K
+11.1%

Summary: Madison Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.4%, 3 bedroom homes increased by 16.9%, 4 bedroom homes decreased by 34%, and 5+ bedroom homes increased by 11.1%.

Median List Price Compared To Nearby Cities

Sherman Township
0.0%
Madison Township
-1.6%

Housing Supply in Madison Township, SD

How many homes are available in Madison Township, SD?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1927+42.1%

Summary: The Madison Township real estate market had 27 homes for sale in October 2024, a 42.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 47
+75.0%
3 45
+25.0%
4 69
+50.0%
5+ 56
+20.0%

Summary: The Madison Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 75%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 20%.

Days on Market for Madison Township, SD

How long does it take to sell a home in Madison Township, SD?

Average Listing Age

Sep 2024Oct 2024CHANGE
45 Days59 Days+29.8%

Summary: Homes in Madison Township had an average listing age of 59 days in Oct 2024, up by 29.8% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Madison Township, SD

Nearby Markets to Madison Township, SD