Is Madrid, IA 50156 a buyer’s or seller’s market?
Madrid is a seller’s market. With about 3 months of supply and 15% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Competition score56/ 100
More competitive than 57% of U.S. ZIP codes, and #64 of 155 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending July 31, 2026. See the breakdown
Months of supply3Under 4 months = seller’s market
Sold above original list15.4%Share of sales, last 3 months
Median sale-to-list99.2%Sold price ÷ list price
Median days on market52Listing to accepted offer
Median price per sq ft$166▼ −21.9% vs. last year
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Nearby markets
Boone 50036Seller’s market $171 /sq ftBoxholm 50040 $70 /sq ftOgden 50212Balanced $150 /sq ftPilot Mound 50223 — /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology