Madrid, IA
Housing market overview · Updated weekly
$180,000median sale price
Homes sold
3
Last 12 weeks
Days on market
51
Average pace
Active listings
13
4.3 months supply
Sale-to-list
97.7%
Below asking
The Madrid housing market is currently classified as a leaning buyer's with a median sale price of $180,000. Prices have fallen 25.0% compared to last year, with homes spending an average of 51 days on market, indicating 4.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Madrid
There are currently 13 homes listed for sale in Madrid, Iowa. The median listing price is $255K.
Active listings
13
Homes on market
Median list price
$255K
Avg. days on market
51
Days until sale
New this week
2
Newly listed
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Frequently asked questions
What is the average home price in Madrid?
The median home sale price in Madrid is $180,000, down 25.0% from last year.
How long do homes stay on market in Madrid?
Homes typically spend 51 days on market before going under contract.
Is Madrid a buyer's or seller's market?
With 4.3 months of supply, Madrid is currently a leaning buyer's.
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