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SD area data

Madison, SD

Madison, SD.

Population: 7,756 (Census ACS)

Home values & appreciation

Median home value
$273,405
1-year appreciation
+1.6%
3-year appreciation
+11.7%
5-year appreciation
+42.6%
All-time peak (2026-06)
$273,495
House Price Index
496.2 (+2.9% YoY)

Market activity

New listings (monthly)
11

Affordability

Cost of living index (Below Average)
90.0 (100 = US avg)
Electricity rate (state-level)
13.4¢/kWh
Natural gas rate (state-level)
$9.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
4
Elementary schools
2
Middle schools
1
High schools
1

Natural hazards & flood risk

Overall hazard risk
Very Low
Top hazards
iceStorm, tornado, winterWeather

Climate (30-year normals)

Annual precipitation
26.9 in

Amenities

National parks within ~60 mi
1
Nearest national park
Pipestone National Monument (38 mi)
Nearest airport
Madison Municipal Airport (XMD) (3 mi)
Nearest major airport
Sioux Falls Regional Airport (FSD) (37 mi)
Hospitals nearby (~15 mi)
1
EV charging stations (within 10 mi)
1
Solar radiation rating
Fair (4.0 kWh/m²/day)

Migration

Net migration
+50 tax filers

Housing stock

Median year housing built
1,974
Median annual property tax
$2,538
Mean commute to work
11 min
Households with broadband internet
74.2%

Employment & development

Total county employment
4,186
Average weekly wage
$1,039
Top industries (by employment)
Health Care, Accommodation & Food, Wholesale Trade
Annual residential building permits (county)
28

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents