Population: 4,644 · Density: 20.3/mi² · Median household income: $88,661
Typical home value: $204,534 · Homeownership: 85.5%
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 50156 | Madrid, IA 50156 | 0.0 mi | 31 | $8,077,050 | $249,900 | $260,550 |
| 50243 | Sheldahl, IA 50243 | 6.0 mi | 3 | $1,799,700 | $599,900 | $599,900 |
| 50276 | Woodward, IA 50276 | 7.0 mi | 13 | $3,640,585 | $271,950 | $280,045 |
| 50226 | Polk City, IA 50226 | 8.8 mi | 69 | $41,050,653 | $507,400 | $594,937 |
| 50124 | Huxley, IA 50124 | 10.1 mi | 28 | $11,191,460 | $337,450 | $399,695 |
| 50039 | Bouton, IA 50039 | 11.9 mi | 3 | $524,700 | $174,900 | $174,900 |
| 50036 | Boone, IA 50036 | 13.1 mi | 90 | $22,343,400 | $227,500 | $248,260 |
| 50046 | Cambridge, IA 50046 | 14.3 mi | 7 | $2,171,575 | $237,333 | $310,225 |
| 50131 | Johnston, IA 50131 | 14.8 mi | 136 | $71,870,288 | $427,250 | $528,458 |
| 50063 | Dallas Center, IA 50063 | 15.9 mi | 6 | $1,577,850 | $240,000 | $262,975 |
| 50212 | Ogden, IA 50212 | 16.1 mi | 12 | $3,390,000 | $233,000 | $282,500 |
| 50105 | Gilbert, IA 50105 | 16.9 mi | 10 | $4,929,780 | $486,950 | $492,978 |
| 50021 | Ankeny, IA 50021 | 17.4 mi | 290 | $119,963,720 | $354,990 | $413,668 |
As of January 2026, there are 31 active listings in MADRID, IA (zip code 50156), compared to 14 the prior year.
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.
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.
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.
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.