Call or Text (240) SELL-123

MADRID, IA 50156

Real Estate Market Report  ·  Boone County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
31
⇧ 121.4% vs 14 last year
Pending
14
45% pending ratio
Median Price
$249,900
⇩ 29.5% vs $354,475 last year
Average Price
$260,550
⇩ 44.8% vs $472,008 last year
Days on Market
56
⇩ 6.7% vs 60 days last year

Market Context

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

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

Market Analysis

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

The MADRID, IA real estate market (50156) currently shows 31 active listings, with 14 pending sales. Homes are averaging 56 days on the market before going under contract.

Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice.

Homes are selling faster, averaging 56 days on market compared to 60 days last year.

The median listing price has fallen 29.5% year-over-year, from $354,475 to $249,900.

Whether you are buying or selling in MADRID, IA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for MADRID, IA 50156 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 31 this year vs 14 last year
  • Days on market: 56 now vs 60 last year

Median & Average Pricing

Year over Year
  • Median: $249,900 (-29.5% YoY)
  • Average: $260,550 (-44.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 17.4 miles — 698 listings ($292,530,761 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
50156Madrid, IA 501560.0 mi31$8,077,050$249,900$260,550
50243Sheldahl, IA 502436.0 mi3$1,799,700$599,900$599,900
50276Woodward, IA 502767.0 mi13$3,640,585$271,950$280,045
50226Polk City, IA 502268.8 mi69$41,050,653$507,400$594,937
50124Huxley, IA 5012410.1 mi28$11,191,460$337,450$399,695
50039Bouton, IA 5003911.9 mi3$524,700$174,900$174,900
50036Boone, IA 5003613.1 mi90$22,343,400$227,500$248,260
50046Cambridge, IA 5004614.3 mi7$2,171,575$237,333$310,225
50131Johnston, IA 5013114.8 mi136$71,870,288$427,250$528,458
50063Dallas Center, IA 5006315.9 mi6$1,577,850$240,000$262,975
50212Ogden, IA 5021216.1 mi12$3,390,000$233,000$282,500
50105Gilbert, IA 5010516.9 mi10$4,929,780$486,950$492,978
50021Ankeny, IA 5002117.4 mi290$119,963,720$354,990$413,668

Frequently Asked Questions

How many homes are for sale in MADRID, IA 50156?

As of January 2026, there are 31 active listings in MADRID, IA (zip code 50156), compared to 14 the prior year.

What is the median home price in MADRID, IA 50156?

The median listing price in MADRID, IA 50156 is $249,900 as of January 2026, a 29.5% decrease from $354,475 the prior year.

How long do homes stay on the market in MADRID, IA?

Homes in MADRID, IA 50156 spend an average of 56 days on the market before going under contract, compared to 60 days the prior year.

Is it a seller's or buyer's market in MADRID, IA 50156?

Based on current inventory and days-on-market data as of January 2026, MADRID, IA 50156 is currently a Balanced Market. Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice. Homes are selling faster, averaging 56 days on market compared to 60 days last year.

How much can I save on real estate commission in MADRID, IA?

With SELL123.com's maximum 3% commission, sellers in MADRID, IA 50156 save an estimated $4,998 compared to a typical 5% commission on the median listing price of $249,900. 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.