Royal Estates
Data as of September 2026. Source: Realtor.com.
The MADRID, IA real estate market (50156) 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.
Population: 4,644 · Density: 20.3/mi² · Median household income: $88,661
Typical home value: $204,534 · Homeownership: 85.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 50156 | Madrid, IA 50156 | 0.0 mi | 30 | $8,466,120 | $291,225 | $282,204 |
| 50243 | Sheldahl, IA 50243 | 6.0 mi | 4 | $1,249,900 | $312,475 | $312,475 |
| 50276 | Woodward, IA 50276 | 7.0 mi | 13 | $3,830,606 | $251,150 | $294,662 |
| 50226 | Polk City, IA 50226 | 8.8 mi | 77 | $42,797,293 | $489,900 | $555,809 |
| 50124 | Huxley, IA 50124 | 10.1 mi | 31 | $13,356,598 | $373,725 | $430,858 |
| 50039 | Bouton, IA 50039 | 11.9 mi | 2 | $349,800 | $174,900 | $174,900 |
| 50036 | Boone, IA 50036 | 13.1 mi | 90 | $21,081,240 | $223,750 | $234,236 |
| 50046 | Cambridge, IA 50046 | 14.3 mi | 7 | $2,024,750 | $230,000 | $289,250 |
| 50131 | Johnston, IA 50131 | 14.8 mi | 138 | $72,245,070 | $411,375 | $523,515 |
| 50063 | Dallas Center, IA 50063 | 15.9 mi | 5 | $1,411,750 | $263,950 | $282,350 |
| 50212 | Ogden, IA 50212 | 16.1 mi | 12 | $3,255,852 | $230,500 | $271,321 |
| 50105 | Gilbert, IA 50105 | 16.9 mi | 8 | $4,002,808 | $498,425 | $500,351 |
| 50021 | Ankeny, IA 50021 | 17.4 mi | 321 | $135,130,086 | $362,248 | $420,966 |
As of September 2026, there are 23 active listings in MADRID, IA (zip code 50156), compared to 18 the prior year.
The median listing price in MADRID, IA 50156 is $357,500 as of September 2026, a 37.9% increase from $259,175 the prior year.
Homes in MADRID, IA 50156 spend an average of 99 days on the market before going under contract, compared to 20 days the prior year.
Based on current inventory and days-on-market data as of September 2026, MADRID, IA 50156 is currently a Buyer's Market. 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.
With SELL123.com's maximum 3% commission, sellers in MADRID, IA 50156 save an estimated $7,150 compared to a typical 5% commission on the median listing price of $357,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.