Madison Homes for Sale

Welcome to Madison, South Dakota – a hidden gem nestled in the heart of Lake County. Known for its friendly community and vibrant culture, Madison offers a unique blend of small-town charm and modern amenities. With its picturesque lakes, lush parks, and a bustling downtown area, this city is the perfect place for families, retirees, and anyone looking to enjoy a high quality of life.

Madison is home to a number of recreational opportunities, including fishing, boating, and hiking, thanks to the stunning Lake Madison and surrounding natural landscapes. The city also boasts a rich history, with historic buildings and museums that tell the story of its founding and growth. Residents can enjoy a variety of local shops, restaurants, and cafes that reflect the warm, welcoming spirit of the community.

For those looking to settle down in this delightful city, there are numerous homes for sale that cater to diverse tastes and budgets. Whether you are searching for a charming single-family home, a cozy townhouse, or a spacious property with room to grow, Madison has something for everyone. Many of these homes feature inviting layouts, modern amenities, and beautiful yards, perfect for enjoying the stunning South Dakota seasons.

With its excellent schools, community events, and a strong sense of belonging, Madison is not just a place to live; it’s a place to thrive. Explore the available homes for sale in Madison today and discover the perfect backdrop for your next chapter!

Newest Madison Homes for Sale

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

$259,900

2 Beds ⋅ 2 Baths ⋅ 22605625 MLS

Escape to your own private retreat with this beautiful log home nestled on nearly an acre of picturesque, park-like grounds. Surrounded by mature trees and open green space, this property offers the perfect balance of privacy, natural beauty, and peaceful country-style living while being in the convenience if the city limits. Inside, you'll be welcomed by the warmth and timeless character that only a log home can provide. Vaulted ceilings create a open atmosphere, while the rustic wood finishes add charm and comfort throughout the home. The inviting living spaces are designed for both relaxing and entertaining. For those needing exceptional workspace or storage, the impressive 30' x 36' insulated and heated Morton building is a standout feature. Whether you're looking for a workshop, hobby space, storage for recreational vehicles, or a place to run your projects year-round, this versatile building offers endless possibilities. With its serene setting, rustic appeal, and outstanding outbuilding, this unique property is ideal for anyone seeking a peaceful lifestyle without sacrificing functionality. Whether you're enjoying quiet mornings surrounded by nature or entertaining family and friends, this one-of-a-kind property is ready to welcome you home.

706 S Union Ave, Madison

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

$389,900

5 Beds ⋅ 4 Baths ⋅ 22605591 MLS

Step into a piece of history with this iconic landmark property, beautifully situated on a spacious corner lot and offering timeless architectural charm with exceptional versatility. Rich in character and meticulously cared for, this one-of-a-kind residence seamlessly blends historic elegance with modern functionality. The home's striking exterior is highlighted by an impressive double-decker wraparound porch featuring ornate support columns and decorative railings, creating a truly unforgettable first impression. Outdoor entertaining is equally inviting with a full brick wood-burning fireplace on the patio—an ideal setting for gathering with family and friends throughout the seasons. Inside, you'll discover beautifully finished living space across three levels, showcasing exquisite original woodwork, elevated ceilings, and an array of decorative windows including oval, curved, and leaded glass that fill the home with warmth and natural light. The cozy living room centers around a natural wood-burning fireplace, while an additional dining or gathering area features a charming natural gas stove, adding comfort and ambiance. Offering five bedrooms and four-plus bathrooms, this remarkable property provides flexibility for a variety of lifestyles. With the potential for up to four separate living spaces, it is perfectly suited for multi-generational living, guest accommodations, or income-producing opportunities. The upper level has previously been configured as two one-bedroom apartments, allowing the home to function as either a grand single-family residence or a mixed-use investment property. Additional features include a heated and insulated oversized double garage, generous living and entertaining spaces, and countless opportunities to customize the home to fit your vision. Whether you're searching for an extraordinary family home, an investment opportunity, or a chance to own one of the community's most recognizable historic residences, this property offers endless possibilities. Lovingly maintained and rich with history, it stands ready for its next chapter.

500 N Egan Ave, Madison

Courtesy of Adam Foland from EXIT Realty Advantage.

$599,000

3 Beds ⋅ 2 Baths ⋅ 22605318 MLS

Check out this beautiful walk out ranch style home located in Madisons newest development "The Reserve" overlooking a natural pond active with ducks, geese, blue heron and much more for your entertainment. Conveniently located just north of the DSU athletic complex and also close to Madison High School and Middle School. Just arriving to the property is a new composite main level deck and a concrete lower level patio. Stunning features in this home are a spacious kitchen with elegant cabinetry, classic subway tile backsplash, quartz counters including a 4x9 ft island and a spacious hidden pantry, its the Best! The main living space has a vaulted ceiling with a wall of windows facing the tranquil pond including a fireplace as the centerpiece. Two walk-in closets are the highlight of the primary bedroom with custom built in shelves and drawers as well as double sinks and a tile walk-in shower. The lower level in unfinished with the potential for at least two more bedrooms and bathroom and has a french door to exit the walkout basement. Amazing property that you can enjoy as is or grow with you!

823 Harter Dr, Madison

Courtesy of Josh Fiedler from Amy Stockberger Real Estate.

$234,900

4 Beds ⋅ 2 Baths ⋅ 22605107 MLS

Welcome to this spacious 2-story home situated on a desirable corner lot! Featuring 4 bedrooms, 2 bathrooms, and a 3-stall garage, this property offers plenty of space for comfortable living, storage, and hobbies. Mature trees provide abundant shade, creating a peaceful outdoor setting, while the wonderful covered deck is the perfect place to relax or entertain family and friends. Whether you're looking for your next home or a great investment opportunity, this property offers exceptional potential. Schedule your showing today and see all it has to offer!

121 N Liberty Ave, Madison

Courtesy of Justin Garry from Hegg, REALTORS.

$150,000

3 Beds ⋅ 2 Baths ⋅ 22604966 MLS

This two story century plus old home features 3 bedrooms, 2 bathrooms, and a detatched one stall garage with an additional carport. The main floor features a living room, master bedroom & bath, and a kitchen with a slider door out to the backyard. The upper level features two additional bedrooms & a bathroom. New central air installed! Currently used as a rental property this could remain with the tenant in place or be transformed back into a single family dwelling.

219 S Union Ave, Madison

Courtesy of Adam Foland from EXIT Realty Advantage.

$154,900

5 Beds ⋅ 2 Baths ⋅ 22604239 MLS

Spacious 5-bedroom, 2-bath home offering plenty of room for a growing family, rental income potential, or investment opportunity. This property has seen extensive updates, including all new windows, siding, roof, flooring throughout, front deck, front entry door, sliding patio door, appliances, updated bathroom, and an updated electrical panel. The generous floor plan provides abundant living space and flexibility, with five bedrooms to accommodate a variety of needs. Whether you're looking for a primary residence, student rental, or investment property, this home is move-in ready with major improvements already completed. Conveniently located near Dakota State University, shopping, restaurants, and other local amenities, this centrally located property offers both comfort and convenience. Don't miss this opportunity to own a spacious, updated home in a desirable location.

109 Ne 4th St, Madison

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

$179,900

1 Beds ⋅ 1 Baths ⋅ 22604195 MLS

Affordable rustic cabin with views of Lake Madison! This lakeview corner-lot property offers quick access to Johnson's Point, just minutes from your front door, while providing convenient space for your lake toys and recreational equipment. Inside, you'll find original hardwood flooring in the living and dining rooms, complemented by charming pine walls that create a warm cabin atmosphere. With plenty of potential, this property is ready for your personal touches and updates. The separate 19 x 7 bunkhouse provides additional sleeping space, making it ideal for hosting family and friends. An attached 19' x 23' garage is connected to the main cabin by a breezeway, where the washer and dryer are conveniently located. Also included is a camper with water, sewer, and electrical hookups, offering even more guest accommodations. Property is being sold AS-IS.

6114 Dakota Ave, Madison

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

$89,900

3 Beds ⋅ 1 Baths ⋅ 22604186 MLS

Conveniently located less than half a mile from Dakota State University, this ranch-style home offers an excellent opportunity for first-time homebuyers, investors, or anyone looking for an affordable home with practical living space. Featuring 3 bedrooms, a 3/4 bathroom, and 1,208 finished square feet, the home offers a functional layout with comfortable everyday living. Inside, you'll find a spacious living room with new carpet, a generously sized kitchen with plenty of room for dining, and the convenience of main-floor laundry. The home's layout provides a comfortable balance of living space and functionality. Outside, mature shade trees create a welcoming setting, while the deck offers a great place to relax and enjoy the outdoors. The backyard provides room for activities without excessive maintenance, and the covered parking area adds everyday convenience. Whether you're looking for a place to call home or an investment property near the university, this property offers solid value in a convenient Madison location.

607 Ne 4th St, Madison

Courtesy of Kory Davis from The Experience Real Estate.

$919,900

4 Beds ⋅ 4 Baths ⋅ 22604029 MLS

Premier property at Woodland Marina on Lake Madison, where you have quick access to the wide open space of the lake or enjoy a relaxed setting on the calm water of the marina. Impeccably maintained by the original owner, this ranch walkout offers a perfect blend of space & easy maintenance. Peaceful view of the water through the wall of windows at the back of the living room greets you upon entry. The hickory wood floors at the spacious entry run throughout the Great Room. Stone surround gas fireplace in the living room, sliding door from the dining to a LARGE SCREENED DECK and a kitchen boasting WALK-IN PANTRY, dark stained cabinets with leathered granite tops & large center island with seating. Drop zone from the garage entry has a bench with hooks & access to the SEPARATE LAUNDRY with sink. Two beds & two baths on the main including a master suite with walk-in closet and private bath with heated floor, double sinks & tile shower. 9 foot ceiling in the lower level that begins with a TV entertaining space around a gas 'wood stove' in the family room. Convenient LVP flooring in the wet bar & game table area that also includes the WALKOUT to the vast back yard patio that has a gas line for a fire pit. Two more bedrooms and TWO MORE BATHS in the lower level, one of which is accessed from the hard surface entry of the walkout-so convenient after a day at the beach! Massive amounts of garage space with the HEATED main garage at 36 ft wide & 42 ft deep with water & drains PLUS a core floor garage at 11x19 to store all the toys...side by side, riding mower, patio furniture and more!

120 Linden Dr, Madison

Courtesy of Christopher Fellerman from Hegg, REALTORS. OFFICE: 605-336-2100

$259,999

4 Beds ⋅ 2 Baths ⋅ 22603782 MLS

Take a look at this charming 4-bedroom, 2-bath property that offers the comfort, space, and character you’ve been looking for. From the moment you arrive, you’ll appreciate the inviting curb appeal, highlighted by mature boulevard trees and a welcoming wraparound deck—perfect for enjoying quiet mornings or entertaining guests. Inside, a generous foyer provides a warm welcome and flows seamlessly into the main living area. The kitchen offers plenty of space to cook and gather, while the formal dining area features beautiful wood flooring that adds both charm and functionality. The laundry and mudroom truly stand out, offering exceptional built-in storage to keep everything organized and within reach. The oversized double attached garage provides ample room for vehicles, storage, and even a workshop area. Above the garage, you’ll find a 26x17 loft—ideal for additional storage or ready to be finished into a private retreat. Step outside and enjoy the yard’s versatility, whether you’re relaxing after a long day or hosting friends and family. This home is truly a standout and a wonderful place to put down roots. Don’t miss your opportunity to make it yours—homes like this don’t come along often.

321 Nw 4th St, Madison

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

$699,900

3 Beds ⋅ 2 Baths ⋅ 22603764 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. Currently under construction with an estimated completion date of 9/15/2026, 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.

$289,897

3 Beds ⋅ 1 Baths ⋅ 22603679 MLS

Escape the limits of city living and discover the kind of freedom that’s becoming harder and harder to find. Enjoy calming wide open views of fields and breathtaking sunsets, this country property offers the lifestyle so many dream about — room to roam, space to breathe, and the freedom for you, your kids, and your pets to truly enjoy everyday life without the restrictions often found within city limits. Along with your freedom you will be able to keep all your prized possessions with you in your 30x50 quonset and 14x24 attached garage. No more storage unit payments or leaving your possessions siting out in the weather with this Huge Shop space! As rare as this setting is, even more remarkable is the complete top-to-bottom revitalization of the home itself. Nearly every inch has been thoughtfully replaced, upgraded, or refreshed, creating the perfect blend of country charm and modern comfort. From the warm wood flooring that flows throughout the main level to the stunning kitchen featuring all-new cabinetry, countertops, tile backsplash, and stainless steel appliances, the quality and care are immediately evident. The impressive main bathroom has been beautifully redesigned with a new double vanity, updated tub and shower system, main-level laundry hookup, and tastefully fun patterned flooring that adds just the right amount of personality. The open living and dining areas are filled with invigorating natural light pouring through large south-facing windows, creating a bright and welcoming atmosphere throughout the day. The main floor also offers a generous primary bedroom, while the upper level includes two additional bedrooms, and a versatile room perfect for a future second bathroom, small office, hobby room, nursery, or additional storage space. Throughout this home, you’ll find thoughtfully designed spaces, each with its own personality, making everyday living both fun and incredibly convenient. The spacious front entry offers the perfect place to welcome guests and transition comfortably into the main living area. A breezeway connects the attached oversized single garage to the home, creating an ideal drop zone for coats, shoes, and outdoor gear — helping keep the main living spaces clean and uncluttered. Beyond its charm and aesthetics, this property also offers peace of mind with extensive major updates, including a new furnace, central A/C, water heater, complete septic system, plumbing, electrical, fixtures, flooring, exterior doors, siding, windows, interior and exterior paint, garage doors, shingles, and much more. Located just minutes from Madison, Lake Herman State Park, Historic Prairie Village, and the Madison Country Club. This is more than just a home — it’s an opportunity to enjoy a lifestyle that’s increasingly difficult to find!

23301 448th Ave, 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.