Lake Madison Housing Information - Census

IndexLake MadisonSouth DakotaNational
Median home price$267,700$146,700$184,700
Median rent asked$772$676$949
Avg. people per household2.32.42.6
Owner occupied households82.1%67.8%63.6%
Renter occupied households17.9%32.2%36.4%

Lake Madison Housing Information - Zillow

IndexLake MadisonSouth DakotaNational
Zillow home value indexn/a$183,200$220,100
Year over year appreciation raten/a5.35%7.58%
5 year average appreciation raten/a4.01%6.57%
10 year average appreciation raten/a2.30%1.33%

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Did you know?

  • The median home price in Lake Madison is 45% higher than the national average.
  • The median rent asked in Lake Madison is 19% lower than the national average.
  • The average number of people per household in Lake Madison is 11% lower than the national average.
  • The number of owner occupied households in Lake Madison is 29% higher than the national average.
  • The number of renter occupied households in Lake Madison is 51% lower than the national average.

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Compare Lake Madison, SD Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Winfred, SD45$0100%
Wentworth, SD212$41,00078%
Ramona, SD156$51,70072%
Nunda, SD61$65,00065%
Colman, SD685$103,50044%
Lake Madison, SD909$267,70045%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Lookingglass, OR909$278,20051%
Pocono Ranch Lands, PA909$126,30032%
Harmony, RI909$228,20024%
Prospect, NC909$79,20057%
China, TX908$100,20046%
Lake Madison, SD909$267,70045%
Source: The Lake Madison, SD housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.