Madison, SD Real Estate
According to census data in the year 2000 there were 2,728 housing units in Madison.
This represents a 4.4% growth from 2,613 in 1990.
Of those housing units, 2,591 were located in either urbanized areas or urban clusters, and 137 were located in what is classified as a rural area.
Homeownership rate in Madison is about 62.1%.
Madison's vacancy rate, including seasonal lodging, is about 4.4%.
Average household size is 2.28 people.
The majority of houses, apartments or condos in Madison were built after 1958.
|Housing Units by Size|
|Five Bedrooms or more||2.10%|
Owned Homes, Apartments and Condos
|Average Household Size||2.39|
|Median year structure was built||1960|
|Median Value of occupied units||$74,900|
|Median Price asked for vacant units||$33,300|
Rented Homes, Apartments and Condos
|Average Household Size||2.1|
|Median year structure was built||1952|
|Median Monthly Rent asked for vacant units||$386|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||2.20%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.1%|