Comprehensive market data and analysis• Updated Dec 2025
189.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 1 | 1 | 3 |
| 1-2 acres | - | - | - | 2 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 1 | 1 | 5 |
Acreage buckets
The median price for land in Madison, South Dakota is currently $117K per acre. For a typical parcel, the median sale price is $74K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $56K while premium lots reached $86K.
Madison, South Dakota is currently a strong buyer's market with 189.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 23.3% year-over-year.
Madison, South Dakota currently has 189.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Land in Madison, South Dakota typically sells within 371 days of listing. The median time on market is 286 days. Properties are moving slowly in the current strong buyer's market.
The median land price in Madison, South Dakota stands at $74K. This translates to roughly $117K per acre for the typical parcel size. The average price is $72K, showing a fairly consistent market.
Land in Madison, South Dakota averages $150K per acre. The median price per acre is $117K, which may be more representative of typical transactions. Most parcels sold are around 25,382 sq ft.
The current absorption rate in Madison, South Dakota is 0.5% (3-month basis), indicating slow demand. With appreciating values (+23.3% YoY), the market shows growth potential.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.