Royal Estates
Data as of March 2026. Source: Realtor.com.
The MADRID, IA real estate market (50156) currently shows 28 active listings, with 12 pending sales. Homes are averaging 64 days on the market before going under contract.
Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 64 days on market compared to 23 days last year.
The median listing price has risen 5.9% year-over-year, from $269,900 to $285,725.
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 March 2026, there are 28 active listings in MADRID, IA (zip code 50156), compared to 19 the prior year.
The median listing price in MADRID, IA 50156 is $285,725 as of March 2026, a 5.9% increase from $269,900 the prior year.
Homes in MADRID, IA 50156 spend an average of 64 days on the market before going under contract, compared to 23 days the prior year.
Based on current inventory and days-on-market data as of March 2026, MADRID, IA 50156 is currently a Buyer's Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 64 days on market compared to 23 days last year.
With SELL123.com's maximum 3% commission, sellers in MADRID, IA 50156 save an estimated $5,715 compared to a typical 5% commission on the median listing price of $285,725. 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.