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Madrid Homes for Sale

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  • /28

    $249,900

    • 3 Beds
    • 1 Bath
    • 1,642 Sq Ft

    216 E Second St, Madrid, IA 50156

    Charming, Well-Maintained Home on a Spacious Corner LotThis beautifully cared-for home offers timeless character and modern convenience in a desirable corner-lot setting. Inside, you'll find rich oak trim throughout, enhancing the home's warm and inviting atmosphere. The formal dining room showcases elegant oak flooring and classic oak colonnades, perfect for entertaining or everyday

    Nate Nerem Nerem & Associates

    216 E Second St, Madrid, IA 50156
  • /35

    $257,000

    • 3 Beds
    • 2 Baths
    • 1,120 Sq Ft

    515 Kingman Blvd, Madrid, IA 50156

    Charming updates and a prime location make this Madrid ranch a standout! Featuring 3 comfortable bedrooms and 2 bathrooms, this well-maintained home is just minutes from the scenic High Trestle Trail and close to schools, parks, and downtown.Inside, you'll find stylish new flooring, updated appliances, and a refreshed bathroom that brings a modern touch to the classic layout. The fenced

    Natalie Swanson LPT Realty, LLC

    515 Kingman Blvd, Madrid, IA 50156
  • /18

    $229,900

    • 3 Beds
    • 2 Baths
    • 1,126 Sq Ft

    202 E 8th St, Madrid, IA 50156

    Easy Living Meets Small-Town Charm in Madrid, Iowa! Welcome to your next chapter in the heart of friendly, laid-back Madrid! This inviting split-foyer home offers 3 bedrooms and 2 bathrooms, featuring timeless hardwood and stylish tile flooring throughout. Whether you're looking for an affordable move-in-ready home or a canvas to customize into your dream space, this property delivers both

    Tony McFarland Friedrich Iowa Realty

    202 E 8th St, Madrid, IA 50156
  • /26

    $279,900

    • 3 Beds
    • 2 Baths
    • 984 Sq Ft

    606 S Green St, Madrid, IA 50156

    Welcome to this inviting split-foyer home featuring 3 bedrooms and 2 baths, a kitchen, dining area, and an open living room. The spacious lower level offers a large family room complemented by a cozy gas fireplace that adds warmth and charm. With the potential for a 4th bedroom, this property provides flexibility to fit your needs. Outdoors, the property is designed for relaxation and

    Aaron Ackerlund Keller Williams Realty GDM

    606 S Green St, Madrid, IA 50156
  • /26

    $259,900

    • 3 Beds
    • 2 Baths
    • 1,146 Sq Ft

    316 E 22nd St, Madrid, IA 50156

    Welcome to this charming 3 bedroom, 2 bath brick ranch in Madrid! Inside you’ll love the hardwood floors, updated main-floor bath with tiled shower, and a bright eat-in kitchen with all appliances included—even washer & dryer. The finished lower level adds bonus living space plus a second bathroom. A covered breezeway connects the home to the garage, making entry easy in all weather conditions.

    Aaron Ackerlund Keller Williams Realty GDM

    316 E 22nd St, Madrid, IA 50156
  • /31

    $254,900

    • 3 Beds
    • 2 Baths
    • 1,751 Sq Ft

    113 N Locust St, Madrid, IA 50156

    Are you Dreaming of a home with a huge yard, a white picket fence, a lot of garage space, (6 cars will fit in the 2 detached garages) a beautiful front porch, steel outdoor fireplace on the back patio and close to the bike trail. This home checks all those boxed. It's 3 blocks to the Trestle trail and a short ride to the Trestle Bridge. The elementary school is one block away and you can walk to

    Deb Stokka RE/MAX Precision

    113 N Locust St, Madrid, IA 50156
  • /3

    $179,900

    • 3 Beds
    • 1 Bath
    • 1,288 Sq Ft

    207 N Union St, Madrid, IA 50156

    Excellent opportunity for an investor or first-time buyer to build equity in a great community! This Madrid home offers strong bones with an open main level, featuring a spacious living room flowing into the dining area and kitchen. While drop ceilings are currently in place, 10-foot ceilings lie underneath, ready to reveal a bright, open feel. A front room provides flexibility as an office or

    Lisa Hart RE/MAX Concepts

    207 N Union St, Madrid, IA 50156
  • /14

    $317,000

    • 4 Beds
    • 2.5 Baths
    • 1,619 Sq Ft

    110 S Union St, Madrid, IA 50156

    **Seller is offering $10,000 Buyer credit** Welcome home to this beautifully remodeled four-bedroom, three-bath residence that perfectly blends old school charm with modern amenities. Located in the heart of Madrid, this home offers the ideal balance of small town living and updated comfort.Inside, you'll find a thoughtful remodel throughout with open concept living spaces filled with natural

    Bo Cosens RE/MAX Precision

    110 S Union St, Madrid, IA 50156
  • /27

    $182,900

    • 3 Beds
    • 1 Bath
    • 932 Sq Ft

    201 E Eighth St, Madrid, IA 50156

    Adorable, move-in ready 3BR 1-story home in the charming town of Madrid. Enclosed front porch, Hard -surface floors throughout, Nice sized living room and dining room with open concept. Updated kitchen with tile backsplash and new stainless appliances. Charming updated bathroom. Large corner lot with lots of space to play, as well as a nice sized storage shed and patio.

    Emily Graeve RE/MAX Generations

    201 E Eighth St, Madrid, IA 50156
  • /25

    $188,000

    • Studio
    • 3 Baths
    • 2,049 Sq Ft

    111 E Ninth St, Madrid, IA 50156

    Great opportunity to add to or start your rental portfolio with this 3-plex in the heart of Madrid! This 2-story multi-family property sits on a spacious double lot and features fresh exterior and interior paint along with new carpet. It includes three 1-bed, 1-bath units. Two are on the main level and one upstairs. One main-floor unit offers a non-conforming bedroom/flex space. One unit is

    Jessica Schaffer LPT Realty, LLC

    111 E Ninth St, Madrid, IA 50156
  • /19

    $152,000

    • 2 Beds
    • 1.5 Baths
    • 980 Sq Ft

    108 S Main St, Madrid, IA 50156

    Welcome to this cozy and well-maintained 2-bedroom, 1.5-bath ranch-style home, offering comfortable one-level living in a convenient location. Step inside to a bright and welcoming eat-in kitchen featuring a cooktop, wall oven, and refrigerator—perfect for casual meals and easy entertaining. Enjoy the spacious front porch—ideal for morning coffee or relaxing evenings. The home includes two

    Aaron Ackerlund Keller Williams Realty GDM

    108 S Main St, Madrid, IA 50156
  • /4

    $225,000

    • Land
    • 0.5 Acre
    • $447,330 per Acre

    118 N Kennedy Ave, Madrid, IA 50156

    Sitting at the busy intersection of Highway 210 and Highway 17 in growing community of Madrid, this half-acre lot offers prime visibility and endless potential. Currently zoned commercial. Bring your vision to one of Iowa's most traveled crossroads opportunities like this don't last long! All information obtained from seller and public records.

    Bo Cosens RE/MAX Precision

    118 N Kennedy Ave, Madrid, IA 50156
  • /17

    $172,000

    • 2 Beds
    • 1 Bath
    • 828 Sq Ft

    509 E 1st St, Madrid, IA 50156

    Welcome to this cute home that offers a 2-bedroom, 1-bath ranch-style home full of character and comfort. You'll love the timeless charm of arched doorways that add a unique touch to the interior. The living areas feature plush carpeting for a warm, inviting feel, while the kitchen offers a stylish tile backsplash and includes both the refrigerator and stove—making it move-in ready! This home has

    Aaron Ackerlund Keller Williams Realty GDM

    509 E 1st St, Madrid, IA 50156
  • /2

    $85,000

    • Land
    • 0.44 Acre
    • $193,182 per Acre

    505 W 5th St, Madrid, IA 50156

    Discover a premium lot offering space, privacy, and natural beauty. Mature trees and a picturesque creek border the west side, creating the perfect backdrop for your dream home. Ideally located within walking distance to the school and golf course, this property combines convenience with a serene setting. Bring your own builder or partner with ours to design the home you’ve been waiting for.

    Timothy Lucken Real Broker, LLC

    505 W 5th St, Madrid, IA 50156

Frequently Asked Questions Why Live in Madrid

Is Madrid a good place to live?
Madrid is a good place to live. Madrid is considered somewhat walkable and bikeable. Madrid is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Madrid has 2 parks for recreational activities. It has a median age of 40. The average household income is $91,624 which is below the national average. College graduates make up 21.2% of residents. A majority of residents in Madrid are home owners, with 27.5% of residents renting and 72.5% of residents owning their home. A local real estate agent serving Madrid can help you decide if this neighborhood is the right one for you. Learn more on our Madrid neighborhood guide.
Is Madrid, IA a safe neighborhood?
Madrid, IA is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Madrid?
The median home price in Madrid is $246,900. If you put a 20% down payment of $49,400 and had a 30-year fixed mortgage with an interest rate of 6.26%, your estimated principal and interest payment would be $1,220 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $52K a year to afford the median home price in Madrid. The average household income in Madrid is $92K.
What are the best public schools in Madrid?
The best public schools that serve Madrid are:
What are the most popular zip codes in Madrid, Madrid, IA?
The most popular zip codes in Madrid, Madrid, IA include 50156, 50276, 50226, 50244 and 50109.
What are the most popular neighborhoods near Madrid, Madrid, IA?
The most popular neighborhoods near Madrid, Madrid, IA are Andrews, Northwest Ankeny, Westridge, College Creek and Timberland Road.
Are home prices dropping in Madrid?
Yes, home prices in Madrid are down 6% in the last 12 months.

Home Trends in Madrid, IA

Housing Trends

Median Sale Price
$235,800
Median Single Family Sale Price
$237,050
Median 2 Bedroom Sale Price
$225,000
Average Price Per Sq Ft
$204
Number of Homes for Sale
11
Last 12 months Home Sales
50
Months of Supply
2.60
Median List Price
$246,900
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-10%
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