Royal Estates
Data as of April 2026. Source: Realtor.com.
The MADRID, IA real estate market (50156) currently shows 28 active listings, with 14 pending sales. Homes are averaging 80 days on the market before going under contract.
Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 80 days on market compared to 29 days last year.
The median listing price has risen 17.8% year-over-year, from $260,000 to $306,175.
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.
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 April 2026, there are 28 active listings in MADRID, IA (zip code 50156), compared to 20 the prior year.
The median listing price in MADRID, IA 50156 is $306,175 as of April 2026, a 17.8% increase from $260,000 the prior year.
Homes in MADRID, IA 50156 spend an average of 80 days on the market before going under contract, compared to 29 days the prior year.
Based on current inventory and days-on-market data as of April 2026, MADRID, IA 50156 is currently a Buyer's Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 80 days on market compared to 29 days last year.
With SELL123.com's maximum 3% commission, sellers in MADRID, IA 50156 save an estimated $6,124 compared to a typical 5% commission on the median listing price of $306,175. 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.