Income producing property in Madison, SD! You won't want to miss this duplex with a fantastic location. Plenty off street parking through the alleyway, along with a detached garage. Rents gross $1900 a month, ask about potential CFD or other creative financing.
The median home value in Madison, SD is $225,500. This is lower than the county median home value of $266,100. The national median home value is $338,100. The average price of homes sold in Madison, SD is $225,500. Approximately 50.92% of Madison homes are owned, compared to 38.35% rented, while 10.73% are vacant. Madison real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Madison real estate agent to arrange a tour today!
Madison, South Dakota has a population of 6,388. Madison is more family-centric than the surrounding county with 27.85% of the households containing married families with children. The county average for households married with children is 26.24%.
The median household income in Madison, South Dakota is $58,564. The median household income for the surrounding county is $67,297 compared to the national median of $69,021. The median age of people living in Madison is 36.2 years.
The average high temperature in July is 83.2 degrees, with an average low temperature in January of 5.3 degrees. The average rainfall is approximately 26.4 inches per year, with 38.8 inches of snow per year.