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Featured local agent — Fort Madison, IA
Sarah Mitchell
Compass Real Estate · Fort Madison, IA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Fort Madison, IA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$165,000median sale price
How is the Fort Madison, IA housing market right now?
The median home sale price in Fort Madison, IA is $165,000, up 101.2% year-over-year. Homes sell in an average of 178 days with 37 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Fort Madison a buyer's or seller's market?
Fort Madison, IA is currently a leaning buyer's, based on 3.1 months of supply and homes selling in about 178 days. How we determine this →
Homes sold
12
Last 12 weeks
Days on market
178
Average pace
Active listings
37
3.1 months supply
Sale-to-list
94.9%
Below asking
What does the Fort Madison housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $165,000 |
| Median list price | $149,000 |
| Year-over-year price change | +101.2% |
| Average days on market | 178 days |
| Active inventory | 37 listings |
| Months of supply | 3.1 months |
| Sale-to-list price ratio | 94.9% |
| Median price per sq ft | $109/sq ft |
| Homes sold (latest month) | 12 |
| New listings (latest month) | 9 |
| Listings with a price cut | 24.3% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Fort Madison by property type?
How the Fort Madison, IA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $180,000 | $109/sq ft | 10 | 178 days |
| Condo / Co-op | $165,000 | $148/sq ft | 1 | 15 days |
Source: Redfin · Updated monthly
The Fort Madison housing market is currently classified as a leaning buyer's with a median sale price of $165,000. Prices have risen 101.2% compared to last year, with homes spending an average of 178 days on market, indicating 3.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.3x provides context for how home values compare to local earning capacity.
Homes for sale in Fort Madison
There are currently 37 homes listed for sale in Fort Madison, Iowa. The median listing price is $149K.
Active listings
37
Homes on market
Median list price
$149K
Avg. days on market
178
Days until sale
New this week
9
Newly listed
Who lives in Fort Madison?
Population
10,221
Median income
$49,359/yr
Median age
43.9 years
Owner-occupied
73.1%
College grads
19.1%
Avg commute
22.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Fort Madison?
Zillow home value
$115,851
Price-to-income
2.3x
Source: Zillow Research
What is it like to live in Fort Madison?
Fort Madison is a community of approximately 10K residents with a median age of 43.9 years.The median household income is $49,359, which represents a working-class community with solid middle-income opportunities. 19.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 73.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 22.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Fort Madison offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Fort Madison?
4 schools tracked · 1,760 students
The largest public schools serving Fort Madison, IA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Fort Madison Middle School
Grades 4-8 · 686 students
Fort Madison High School
Grades 9-12 · 561 students
Richardson Elementary School
Grades PK-3 · 286 students
Lincoln Elementary School
Grades K-3 · 227 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Fort Madison, IA?
Want a head-to-head view? Compare Fort Madison side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Fort Madison?
The median home sale price in Fort Madison is $165,000, up 101.2% from last year.
How long do homes stay on market in Fort Madison?
Homes typically spend 178 days on market before going under contract.
What is the median income in Fort Madison?
The median household income is $49,359 per year.
Is Fort Madison a buyer's or seller's market?
With 3.1 months of supply, Fort Madison is currently a leaning buyer's.
What is the Zillow home value estimate for Fort Madison?
The Zillow Home Value Index (ZHVI) for Fort Madison is $115,851, representing the typical home value in the area.
What is the median condo price in Fort Madison?
The median condo/co-op sale price in Fort Madison, IA is $165,000, compared to $180,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Fort Madison?
The median single-family home price in Fort Madison, IA is $180,000 (about $109 per square foot).
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