Fort Madison, IA
Housing market overview · Updated weekly
$80,000median sale price
Homes sold
10
Last 12 weeks
Days on market
81
Average pace
Active listings
46
4.6 months supply
Sale-to-list
88.8%
Below asking
The Fort Madison housing market is currently classified as a buyer's market with a median sale price of $80,000. Prices have risen 9.6% compared to last year, with homes spending an average of 81 days on market, indicating 4.6 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Fort Madison?
The median home sale price in Fort Madison is $80,000, up 9.6% from last year.
How long do homes stay on market in Fort Madison?
Homes typically spend 81 days on market before going under contract.
Is Fort Madison a buyer's or seller's market?
With 4.6 months of supply, Fort Madison is currently a buyer's market.
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