Active Listings
30
⇧ 100% vs 15 last year
Royal Estates
Data as of February 2026. Source: Realtor.com.
The MADRID, IA real estate market (50156) currently shows 30 active listings, with 14 pending sales. Homes are averaging 43 days on the market before going under contract.
Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice.
Homes are selling faster, averaging 43 days on market compared to 75 days last year.
The median listing price has fallen 7.9% year-over-year, from $316,225 to $291,225.
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 | 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 February 2026, there are 30 active listings in MADRID, IA (zip code 50156), compared to 15 the prior year.
The median listing price in MADRID, IA 50156 is $291,225 as of February 2026, a 7.9% decrease from $316,225 the prior year.
Homes in MADRID, IA 50156 spend an average of 43 days on the market before going under contract, compared to 75 days the prior year.
Based on current inventory and days-on-market data as of February 2026, MADRID, IA 50156 is currently a Balanced Market. Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice. Homes are selling faster, averaging 43 days on market compared to 75 days last year.
With SELL123.com's maximum 3% commission, sellers in MADRID, IA 50156 save an estimated $5,825 compared to a typical 5% commission on the median listing price of $291,225. 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.