Madison Real Estate

Welcome to Madison, South Dakota – a charming city that perfectly blends small-town warmth with vibrant community spirit. Nestled in the heart of Lake County, Madison is renowned for its picturesque landscapes, friendly residents, and a rich tapestry of history that dates back to its founding in 1879.

As you stroll through the tree-lined streets, you’ll discover a delightful mix of historic architecture and modern amenities. Madison is home to several beautiful parks, including the expansive Lake Herman State Park, which offers a serene escape for outdoor enthusiasts. Whether you enjoy hiking, fishing, or simply soaking in the natural beauty, this area has something for everyone.

Education is a cornerstone of the Madison community, highlighted by the presence of Dakota State University. This institution not only enriches the local culture but also brings a youthful energy to the city, with various events and activities that engage residents of all ages.

The city boasts a thriving local economy, with diverse businesses that cater to every need. From charming boutiques to delightful dining options, Madison offers a unique shopping experience that reflects the community’s character.

Moreover, the city hosts several annual events, including the Madison Community Festival and the Lake County Fair, which foster a strong sense of community and bring residents together for fun and celebration.

Whether you're looking to settle down or simply explore, Madison, SD, is a hidden gem that promises a fulfilling lifestyle in a welcoming environment. Come discover why so many have chosen to call this lovely city home!

Newest Listings in Madison

Courtesy of Ron Weber from Hegg, REALTORS. OFFICE: 605-336-2100

$147,500

22608363 MLS

Rare opportunity to purchase multiple residential lots being offered together as one listing at beautiful Lake Madison! With over 1 acre combined, this unique property provides the perfect setting to build your dream lake retreat or year-round residence with added space, flexibility, and privacy. Enjoy the freedom to design a custom home, additional garage space, storage buildings, or outdoor entertaining areas while taking advantage of the peaceful lakeside surroundings. Located near Lake Madison recreational opportunities, you’ll enjoy easy access to boating, fishing, water sports, and relaxing lake life. The expansive combined lot size offers endless possibilities for development and outdoor enjoyment, all within a highly desirable lake area location. Whether you are planning a personal getaway, future investment, or full-time residence, these combined residential lots offer exceptional potential and space rarely found near Lake Madison. Don’t miss your chance to own a large lakeside property package in one convenient offering!

6090 Dakota Ave, Madison

Courtesy of Brandon Burg from Signature Realty Group LLC. Cell: 605-291-9541

$689,000

3 Beds ⋅ 2 Baths ⋅ 22608353 MLS

Welcome to this stunning new construction ranch-style home offering modern finishes, quality craftsmanship, and an unbeatable location near the Madison Country Club with beautiful views of Lake Herman. Newly complete in September, this home presents an incredible opportunity to own a brand-new property in one of the Madison area’s most desirable locations. Featuring 1,774 finished square feet on the main level, this thoughtfully designed home includes 3 bedrooms, 2 bathrooms, and a heated 3-stall garage with over 1,050 square feet of garage space. The open-concept layout offers 9-foot ceilings, a tray ceiling in the living room, abundant natural light, and quality finishes throughout. The custom kitchen is designed with both style and function in mind, while the primary suite offers a private bath and walk-in shower. Exterior finishes showcase excellent curb appeal with Smart Lap siding, board and batten accents, stone detail, black vinyl windows, a covered concrete front porch, and a covered Trex deck perfect for relaxing and taking in the lake views. Additional highlights include a large concrete driveway, irrigation system, gas garage heater, recessed lighting, central air conditioning, and an unfinished basement ready for future expansion. Enjoy the rare combination of new construction, golf course proximity, lake area views, and peaceful living — all just minutes from the amenities of Madison.

23346 451st Ave, Madison

Courtesy of Adam Foland from EXIT Realty Advantage. adamsellsmore@gmail.com

$165,000

2 Beds ⋅ 1 Baths ⋅ 22608324 MLS

Check out this cozy ranch home conveniently located in the heart of Madison. You will love the high ceilings and open space in this home! Featuring a spacious kitchen, hardwood floor in the living and dining spaces, a large bow window providing abundant natural light and character to the home. This home has a front porch area to greet guests and add as extra space for the home as well as a convenient mud room with storage cabinets. The main floor laundry is convenient and so practical. In addition to all the nice interior features there is an 18x24 garage for your car, seasonal items or general storage. Don't miss out on this gem of a home!

307 W Center St, Madison

Courtesy of Julie Jones from Signature Realty Group LLC. Cell: 605-270-9715

$272,000

2 Beds ⋅ 2 Baths ⋅ 22608232 MLS

Welcome home to this nicely updated end-unit condo featuring two bedrooms, two bathrooms, and an attached one-stall garage! Step inside to a comfortable living room filled with natural light from a large picture window. The main level offers two nicely sized bedrooms, a ¾ bathroom with a walk-in shower, and an inviting kitchen with fresh countertops, a tile backsplash, and space for your dining area. The newly finished lower level provides even more versatile living space, featuring a spacious family room and an additional room perfect for a home office, hobby room, or other needs. You’ll also appreciate the new ¾ bathroom, large storage room, and utility area. Enjoy the convenience of the attached garage with additional storage, along with a private back patio and new sidewalk—perfect for enjoying the outdoors. Numerous updates add to the appeal of this move-in-ready home, including: Andersen windows (2025) New condo siding (2026) Furnace and tankless water heater (2024) Finished lower level with a new ¾ bathroom (2023) Updated kitchen countertops and tile backsplash (2023) New plumbing, including the upstairs shower (2023) New back patio (2023) and, Updated window blinds. The roof replacement is contracted for 2027, offering another anticipated improvement to look forward to. Enjoy low-maintenance living with the HOA taking care of snow removal, lawn care, and garbage service. With its flexible living spaces, extensive updates, and convenient amenities, this beautiful condo is ready for you to move in and enjoy. Make this one yours!

823 E Center St, Madison

Courtesy of Brandon Burg from Signature Realty Group LLC. Cell: 605-291-9541

$289,900

2 Beds ⋅ 2 Baths ⋅ 22608204 MLS

Welcome home to this bright and inviting 2-bedroom, 2-bathroom, 2 non-conforming lower-level bedroom, split-foyer home in Madison! Featuring fresh, updated paint colors and abundant natural light, this well-maintained property offers a warm and welcoming atmosphere throughout. The beautifully remodeled main bathroom, completed in 2025, adds a modern touch, while the spacious basement family room provides additional living space perfect for relaxing or entertaining. Enjoy peace of mind with major mechanical updates, including a newer furnace, central air conditioning, and water heater, all approximately 1.5 years old. Step outside to discover a wonderful backyard featuring a large garden area with a raspberry patch and fencing, perfect for those who enjoy gardening and spending time outdoors. With its thoughtful updates, comfortable layout, and inviting spaces, this home offers a great combination of charm, functionality, and convenience. Don't miss your opportunity to make this Madison home your own!

716 N Olive Ave, Madison

Courtesy of Eric Harms from Hegg, REALTORS. OFFICE: 605-336-2100

$1,550,000

6 Beds ⋅ 5 Baths ⋅ 22608160 MLS

A new season, and an exceptional opportunity to call Lake Madison home. Imagine crisp autumn mornings overlooking the water, golden sunsets from your sunroom, and gathering with loved ones as the holidays approach. This stunning lakefront retreat offers 5,460 finished square feet with 6 bedrooms and 5 bathrooms, blending luxury, comfort, and inviting spaces for every season. The open-concept main level showcases soaring vaulted ceilings, rich architectural detail, and expansive windows framing panoramic lake and sunset views. A chef-inspired kitchen featuring Wolf and Sub-Zero appliances flows seamlessly into the dining and living areas, creating a welcoming setting for everything from quiet mornings to memorable holiday gatherings. Multiple decks and patios offer places to savor the fresh fall air and peaceful waterfront scenery. The primary suite provides a private escape with sunroom access, tranquil lake views, and a spa-like bath featuring a steam shower and jetted tub. The walkout lower level invites you to settle in on cooler evenings with comfortable in-floor heat, a kitchenette/wet bar, and a wine cellar—an ideal setting for game days, visiting guests, and relaxed entertaining. An oversized, heated 4-stall garage with in-floor heat offers generous space for vehicles, lake gear, and hobbies, while zoned heating and cooling provide year-round comfort throughout the home. Thoughtful design, premium finishes, and timeless craftsmanship complete this remarkable property. Now offered at an improved price, this Lake Madison retreat is ready for your next chapter—from cozy fall weekends to a summer filled with memories on the water.

6000 Marrs Beach Ln, Madison

Courtesy of Miranda Krumm from Signature Realty Group LLC. Cell: 605-695-9122

$64,900

22608157 MLS ⋅ My Stuff Storage BLDG.

Need more space for your toys, tools, or hobbies? This is your chance to own it. Introducing a rare opportunity at My Stuff Storage—a storage condo unit now available for purchase, offering both functionality and long-term value. This 30’ x 40’ (1,200 sq ft) unit is designed to accommodate everything from vehicles and boats to business equipment and recreational gear. Built in 2005, it features a durable concrete floor, steel interior siding, and electrical service, providing a solid and secure space you can rely on. The 12-foot overhead garage door allows for easy access, while a convenient side entry door adds everyday practicality. Ideally located near Lake Madison and positioned between Madison, Brookings, and Sioux Falls, this property offers exceptional accessibility year-round. Whether you're looking to secure additional storage, protect your investments, or build equity through ownership, this unit checks all the boxes. Don’t miss this unique ownership opportunity!

23688 459th Ave, Madison

Courtesy of Nicholas Luther from 605 Real Estate LLC.

$499,900

5 Beds ⋅ 4 Baths ⋅ 22608147 MLS

2-1 Buydown option available for this spacious ranch-style home offering over 3,500 square feet on more than an acre directly on the Madison Country Club golf course. Enjoy the ease of walking to the lake paired with expansive outdoor space and true golf-course lifestyle. The main floor features three bedrooms including a private primary suite, an open kitchen and living room ideal for everyday living and entertaining, a formal dining room, and a deck overlooking the course. The home includes radon. The oversized garage includes water faucet with sink and a separate golf cart door for convenient access right from the fairways. The finished basement adds two more bedrooms and a ¾ bath, providing excellent flexibility for guests, extended family. Take advantage of the large open area downstairs for a game room. Geothermal heating and cooling deliver efficient, year-round comfort. With its generous size, prime golf course location, and thoughtful layout, this home is ideal for anyone seeking space, convenience, and the lifestyle that comes with living on the golf course and near Lake Herman.

45114 Herman Blvd, Madison

Courtesy of Brandon Burg from Signature Realty Group LLC. Cell: 605-291-9541

$499,000

4 Beds ⋅ 3 Baths ⋅ 22608115 MLS

Welcome to this spacious and versatile multi-level home, ideally located in a highly desirable neighborhood! Built in 1984, this property offers multiple living spaces and a functional layout perfect for everyday living and entertaining. Step inside to the main level living room, filled with natural light and a welcoming feel. Just a few steps up, you’ll find a second living area along with the upper level featuring a bright kitchen and dining space, a cozy 4-season porch, and convenient access to the deck from both the dining room and porch—perfect for enjoying the outdoors. The upper level also includes a generous primary suite with a large closet and ¾ bath, along with two additional bedrooms and a full bathroom. The lower level offers even more space with a third living room with a wood fireplace, walkout access to a patio and covered porch, and entry to the attached two-stall tuck-under garage. You’ll also find a fourth bedroom, utility/laundry room, and a functional workroom complete with a sink, cabinetry, and closet space. With its flexible layout, multiple gathering areas, and prime location, this home offers the space and features today’s buyers are looking for.

915 Jennifer St, Madison

Courtesy of Callie Wockenfuss from Real Estate Retrievers of Sioux Falls. Cell: 605-864-0355

$142,000

2 Beds ⋅ 1 Baths ⋅ 22608085 MLS

Charming, comfortable, and full of possibilities! This delightful 2-bedroom, 1-bath home offers the perfect combination of character, convenience, and room to spread out. Situated on TWO spacious city lots along a quiet street, you'll love the extra outdoor space for gardening, entertaining, hobbies, or simply enjoying your own backyard retreat. Inside, beautiful original hardwood floors add warmth and character, while the spacious back entry off the 2-car garage with additional storage provides everyday convenience. Enjoy peace of mind knowing many of the big-ticket improvements have already been completed, including a newer heating and cooling system, water heater, electrical panel, and roof! With the city gardens right next door, you'll appreciate the peaceful setting and neighborhood charm. Move-in ready and packed with potential, this inviting home is a wonderful opportunity to enjoy comfortable living with room to make it your own!

227 Sw 4th St, Madison

Courtesy of Jersey Fink from Amy Stockberger Real Estate.

$299,900

22608011 MLS

Rare opportunity to build the house of your dreams on the already established and desired Woodland Drive at Lake Madison! Lot sits on just shy of half an acre, and has one residential building eligibility.

111 Woodland Dr, Madison

Courtesy of Kory Davis from The Experience Real Estate.

$264,500

4 Beds ⋅ 2 Baths ⋅ 22607890 MLS

FOUR BEDROOM condo along with TWO BATHS and an OVERSIZED garage that is 24 feet deep! Conveniently located close to Dakota State University with the worry free lifestyle that the HOA provides, this property is suitable for anyone and everyone! Main floor begins with wood floors that stretch across a Great Room encompassing a living room, dining area and kitchen with stainless steel appliances & oak cabinets. Both main floor bedrooms are good sized and have double closets. The bathroom also includes hookups for a MAIN FLOOR LAUNDRY. In the lower level is a huge family room, two more bedrooms & a 2nd bathroom. Lots of unfinished storage as well plus a 2nd hookup for a washer and dryer. Several updates made in recent years with new HVAC system, privacy fence, landscaping and fresh interior paint. When the lower level was updated with egress windows for the two bedrooms, the owner also installed solid wood interior doors in that area. Other outstanding features include an underground sprinkler system & private concrete patio within the privacy fenced grounds of the condo association. HOA covers lawn care, snow removal, plus exterior maintenance & insurance.

124 Ne 5th St, Madison

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than our company are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. © 2026 REALTOR® Association of the Sioux Empire, Inc. Multiple Listing Service. All rights reserved.

Madison Real Estate

Newest Listings in Madison

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