A+
115%
Med. Home Val. NAT. AVG.
30%
Rent NAT. AVG.
42%
Owner Occ. NAT. AVG.
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Lake Madison Housing Information

IndexLake MadisonSouth DakotaNational
Median home price$396,300$146,700$184,700
Median rent asked$665$676$949
Avg. people per household1.82.42.6
Owner occupied households90.2%67.8%63.6%
Renter occupied households9.8%32.2%36.4%
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Housing Quick Facts

  • The median home price in Lake Madison is 115% higher than the national average.
  • The median rent asked in Lake Madison is 30% lower than the national average.
  • The average number of people per household in Lake Madison is 32% lower than the national average.
  • The number of owner occupied households in Lake Madison is 42% higher than the national average.
  • The number of renter occupied households in Lake Madison is 73% lower than the national average.

Compare Lake Madison, SD Housing

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Winfred, SD68$0100%
      Wentworth, SD153$41,90077%
      Ramona, SD413$70,60062%
      Nunda, SD50$86,70053%
      Chester, SD285$121,10034%
      Lake Madison, SD811$396,300115%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Spring Hill, PA811$101,30045%
      Wessington Springs, SD811$70,00062%
      Indio Hills, CA811$241,70031%
      Lecompte, LA811$102,20045%
      Jasper, AR811$157,00015%
      Lake Madison, SD811$396,300115%
      Source: The Lake Madison, SD housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).