Royal Estates
Data as of July 2026. Source: Realtor.com.
The MADRID, IA real estate market (50156) currently shows 19 active listings, with 5 pending sales. Homes are averaging 57 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 selling faster, averaging 57 days on market compared to 76 days last year.
The median listing price has risen 57.2% year-over-year, from $222,700 to $350,000.
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 July 2026, there are 19 active listings in MADRID, IA (zip code 50156), compared to 11 the prior year.
The median listing price in MADRID, IA 50156 is $350,000 as of July 2026, a 57.2% increase from $222,700 the prior year.
Homes in MADRID, IA 50156 spend an average of 57 days on the market before going under contract, compared to 76 days the prior year.
Based on current inventory and days-on-market data as of July 2026, MADRID, IA 50156 is currently a Balanced Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are selling faster, averaging 57 days on market compared to 76 days last year.
With SELL123.com's maximum 3% commission, sellers in MADRID, IA 50156 save an estimated $7,000 compared to a typical 5% commission on the median listing price of $350,000. 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.