House Prices

House Prices & Home Values Madrid, IA 2026


Average Data

average house price$245,066
average size per house1372 ft²
average price per ft²179 $ / ft²

04/05/2026 - The value range (VR) for house prices in Madrid, IA is $180/ sqft to $180/ sqft. An average home with 1372 sqft costs approximately $246,960 to $246,960. Madrid, IA includes 1 ZIP codes and it is located in Polk county. The lowest prices are found in ZIP 50156, while the highest are in ZIP 50156. The average price per sqare feet is $179. Our analysis is based on 9 property listings.

Avergage prices by ZIP codes Madrid

50156183 $ / ft²




Historical development of home values in Madrid

Year Estimated value (USD) Change vs. 2025
2010 $113,813 -53.6%
2011 $109,412 -55.4%
2012 $109,117 -55.5%
2013 $113,196 -53.8%
2014 $118,824 -51.5%
2015 $124,923 -49.0%
2016 $131,442 -46.4%
2017 $138,537 -43.5%
2018 $146,196 -40.3%
2019 $152,975 -37.6%
2020 $160,883 -34.4%
2021 $182,987 -25.3%
2022 $213,321 -13.0%
2023 $224,957 -8.2%
2024 $237,972 -2.9%
2025 $245,066 0.0%

Graph: estimated home values in Madrid over time (USD)



Example: 100% financing house in Madrid

Loan amount: $245,066

Interest rate: 6.00%

Fixed monthly payment: $1,469.29

Breakdown in the 1st month:
Interest portion: $1,225.33  –  Principal portion: $243.96

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $14,622.09 $3,009.44 $242,056.56
2 $14,436.48 $3,195.05 $238,861.51
3 $14,239.42 $3,392.12 $235,469.39
4 $14,030.20 $3,601.34 $231,868.05
5 $13,808.07 $3,823.46 $228,044.59
6 $13,572.25 $4,059.28 $223,985.31
7 $13,321.88 $4,309.65 $219,675.66
8 $13,056.07 $4,575.46 $215,100.20
9 $12,773.87 $4,857.66 $210,242.53
10 $12,474.26 $5,157.27 $205,085.26
11 $12,156.17 $5,475.36 $199,609.89
12 $11,818.46 $5,813.07 $193,796.82
13 $11,459.92 $6,171.61 $187,625.21
14 $11,079.27 $6,552.26 $181,072.95
15 $10,675.14 $6,956.39 $174,116.56
16 $10,246.09 $7,385.45 $166,731.12
17 $9,790.57 $7,840.96 $158,890.15
18 $9,306.96 $8,324.58 $150,565.58
19 $8,793.52 $8,838.02 $141,727.56
20 $8,248.41 $9,383.13 $132,344.43
21 $7,669.67 $9,961.86 $122,382.57
22 $7,055.25 $10,576.28 $111,806.28
23 $6,402.93 $11,228.61 $100,577.68
24 $5,710.37 $11,921.16 $88,656.52
25 $4,975.10 $12,656.43 $76,000.08
26 $4,194.48 $13,437.06 $62,563.03
27 $3,365.71 $14,265.82 $48,297.20
28 $2,485.83 $15,145.71 $33,151.50
29 $1,551.67 $16,079.86 $17,071.63
30 $559.90 $17,071.63 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Madrid, IA


1500 sqft3900 sqft
Ø selling price$324,885$691,119
Ø fast selling$295,350$622,008
Ø high price sale$354,420$760,231

In 2026, houses in Madrid, IA will be offered at an average price of $179 per square foot. A 1,500 sqft home priced at $324,885 is 23.32% more expensive per square foot than a 3,900 sqft home priced at $691,119. Home prices in Madrid, IA vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $478,468. Sellers who can wait longer may achieve a higher price of up to $584,793.


Discover Madrid, IA

Madrid, IA is a welcoming small city in Boone County, just northwest of Des Moines, known for scenic trails and a friendly community. The town is a gateway to the iconic High Trestle Trail, drawing cyclists and walkers to its dramatic art-lit bridge and prairie views. Downtown Madrid Iowa features locally owned shops, cafes, and seasonal events that showcase small-town charm and hospitality.

Outdoor Recreation & Attractions

Families appreciate Madrid Community Schools and the safe neighborhoods that make relocating to central Iowa appealing. Outdoor enthusiasts enjoy nearby parks, access to the Des Moines River, and year-round recreation from fishing to snowshoeing. History buffs can explore the Madrid Historical Museum and heritage sites that tell the story of coal mining and early settlers. Visitors often pair a trail ride with dining at local restaurants and taprooms, one of the top things to do in Madrid, IA, sampling Iowa comfort food and farm-fresh flavors.

Community & Living

Affordable real estate options, from historic homes to new builds, make Madrid, Iowa an attractive base for commuters to Ames or Des Moines.
Community spirit shines during festivals, high school games, and volunteer initiatives that bring residents together. Whether you?re planning a weekend ride or a permanent move, Madrid, IA offers convenience, character, and memorable Midwest experiences.



FAQ – Home Values in Madrid

What is the median home value in Madrid in 2026?

In 2026, the typical home value in Madrid is about $245,066 for an average home size of 1372 square feet. This corresponds to an average price of roughly $179 per square foot.

What is the average cost per square foot in Madrid?

In 2026, homes in Madrid sell for an average of around $179 per square foot, with a typical range between $180 and $180 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Madrid is about 1372 square feet, with an estimated 2026 value around $245,066.



Locations close to Madrid, IA

Malcom, IA176 $ / ft²
Marshalltown, IA69 $ / ft²
Martensdale, IA193 $ / ft²
Macksburg, IA416 $ / ft²
Mc Callsburg, IA202 $ / ft²
Lynnville, IA173 $ / ft²
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