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City / Town Overview

Madrid, IA

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The Madrid, IA real estate market currently shows 23 active listings, with 11 pending sales. Homes are averaging 99 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 99 days on market compared to 20 days last year.

The median listing price has risen 37.9% year-over-year, from $259,175 to $357,500.

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Market Context

Market Context

Population: 4,644  ·  Density: 20.3/mi²  ·  Median household income: $88,661

Typical home value: $204,534  ·  Homeownership: 85.5%

Included Areas

Madrid: 50156

Area Map

Market Overview

Active Listings
23
⇧ 27.8% vs 18 last year
Pending
11
48% pending ratio
Median Price
$357,500
⇧ 37.9% vs $259,175 last year
Average Price
$425,358
⇩ 15.4% vs $502,945 last year
Days on Market
99
⇧ 395% vs 20 days last year

Price Per Square Foot

Median $/sqft
$204
⇩ 1.4% vs $207/sqft last year
Median Home Size
1,831 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %