12

Madrid, IA Homes for Sale under $200,000

Section Image
  • /17

    $179,500

    • 3 Beds
    • 1.5 Baths
    • 1,578 Sq Ft

    306 N Union St, Madrid, IA 50156

    Charming and Spacious Home Filled with Natural Light!This beautiful three-bedroom, two-bath home offers comfort, character, and style throughout. Enjoy relaxing days on the front open deck and the airy feel created by high ceilings and abundant natural lighting. A cozy fireplace adds warmth on cooler days, while the formal dining room is perfect for gatherings and entertaining. The kitchen

    Dori Burma iHome Realty

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

    $142,000

    • 2 Beds
    • 1.5 Baths
    • 980 Sq Ft

    108 S Main St, Madrid, IA 50156

    This 2-bedroom, 1.5-bath home offers just under 1,000 square feet of efficient living space and is located just a half block from the Madrid schools. The layout is practical and functional, making it a great option for a first-time homebuyer or an investor looking for a solid property in a strong location. With convenient access to schools and small-town amenities, this home provides an

    Bo Cosens RE/MAX Precision

    108 S Main St, Madrid, IA 50156
  • /2

    $145,000

    • Land
    • 1 Acre
    • $145,000 per Acre

    00, Madrid, IA 50156

    Welcome to Ironwood Acres, Madrid's newest development located on the west side of town. This executive-style neighborhood offers a rare opportunity to build your dream home on spacious lots with the freedom to bring your own builder. A mix of flat and walkout lots allows for a variety of home designs to fit your vision and lifestyle. Homes built in Ironwood Acres will qualify for a five-year tax

    Bo Cosens RE/MAX Precision

    00, Madrid, IA 50156
  • /29

    $184,900

    • 3 Beds
    • 1 Bath
    • 960 Sq Ft

    317 W 22nd St, Madrid, IA 50156

    If you’re looking for an affordable home, this ranch in Madrid is a must-see! Offering nearly 1,000 sq ft of living space, this home features a welcoming family room with a cozy wood stove/fireplace, an informal dining area, and a spacious kitchen with plenty of cabinet storage. Durable LVP flooring runs throughout the main level. You’ll find three comfortable bedrooms and a full bathroom, along

    Ethan Hokel Century 21 Signature

    317 W 22nd St, Madrid, IA 50156
  • /29

    $165,500

    • 1 Bed
    • 1 Bath
    • 1,367 Sq Ft

    312 Bennett Ave, Madrid, IA 50156

    Welcome to this charming home in Luther. This home is a well maintained 1-bedroom, 1-bath home that blends comfort, convenience, and character. Perfect as a starter home, investment property, or downsized retreat. Great location with only 20 minutes to boone or ames. Call or message for more info! All information obtained from seller and public records.

    Matt Law RE/MAX Precision

    312 Bennett Ave, Madrid, IA 50156
  • /2

    $135,000

    • Land
    • 1.1 Acres
    • $122,727 per Acre

    0 Ironwood Acres Plat 1 Lot 2 None Unit 732782, Madrid, IA 50156

    Welcome to Ironwood Acres, Madrid's newest development located on the west side of town. This executive-style neighborhood offers a rare opportunity to build your dream home on spacious lots with the freedom to bring your own builder. A mix of flat and walkout lots allows for a variety of home designs to fit your vision and lifestyle. Homes built in Ironwood Acres will qualify for a five-year tax

    Bo Cosens RE/MAX Precision

    0 Ironwood Acres Plat 1 Lot 2 None Unit 732782, Madrid, IA 50156
  • /2

    $135,000

    • Land
    • 1.1 Acres
    • $122,727 per Acre

    00 Ironwood Acres Plat 1 Lot 3 None, Madrid, IA 50156

    Welcome to Ironwood Acres, Madrid's newest development located on the west side of town. This executive-style neighborhood offers a rare opportunity to build your dream home on spacious lots with the freedom to bring your own builder. A mix of flat and walkout lots allows for a variety of home designs to fit your vision and lifestyle. Homes built in Ironwood Acres will qualify for a five-year tax

    Bo Cosens RE/MAX Precision

    00 Ironwood Acres Plat 1 Lot 3 None, Madrid, IA 50156
  • /2

    $135,000

    • Land
    • 1.09 Acres
    • $123,853 per Acre

    00 Ironwood Acres Plat 1 Lot 4 None, Madrid, IA 50156

    Welcome to Ironwood Acres, Madrid's newest development located on the west side of town. This executive-style neighborhood offers a rare opportunity to build your dream home on spacious lots with the freedom to bring your own builder. A mix of flat and walkout lots allows for a variety of home designs to fit your vision and lifestyle. Homes built in Ironwood Acres will qualify for a five-year tax

    Bo Cosens RE/MAX Precision

    00 Ironwood Acres Plat 1 Lot 4 None, Madrid, IA 50156
  • /27

    $175,900

    • 3 Beds
    • 1 Bath
    • 932 Sq Ft

    201 E Eighth St, Madrid, IA 50156

    Adorable, move-in ready 3BR 1-story home on a huge corner lot 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. 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
  • /13

    $105,000

    • 3 Beds
    • 1 Bath
    • 1,148 Sq Ft

    214 N Locust St, Madrid, IA 50156

    Looking for a Spring home improvement project? 214 N Locust St is ready for your vision execution!Main level living offers living room, dining room & spacious kitchen, 3 season porch, full bathroom and 2 bedrooms. Bonus non-conforming room upstairs (great for extra bedroom, office, or den).Outdoor expansion opportunities are found in the detached shed (has electricity) and concrete pad

    Kim Olmstead Agency Iowa

    214 N Locust St, Madrid, IA 50156
  • /17

    $115,000

    • 2 Beds
    • 1 Bath
    • 794 Sq Ft

    625 S Green St, Madrid, IA 50156

    Welcome to 625 S Green St in Madrid! This 2-bedroom, 1-bath home offers an opportunity for first-time buyers or investors seeking value in a small-town setting. The functional layout includes first-floor laundry and sits on a generous lot with a detached single-car garage, carport, and plenty of outdoor space for future improvements, storage, or outdoor use. Suited for renovation or future rental

    Emily LeFevre RE/MAX Concepts

    625 S Green St, Madrid, IA 50156
  • /2

    $145,000

    • Land
    • 1 Acre
    • $145,000 per Acre

    00 Ironwood Acres Plat 1 Lot 9 None, Madrid, IA 50156

    Welcome to Ironwood Acres, Madrid's newest development located on the west side of town. This executive-style neighborhood offers a rare opportunity to build your dream home on spacious lots with the freedom to bring your own builder. A mix of flat and walkout lots allows for a variety of home designs to fit your vision and lifestyle. Homes built in Ironwood Acres will qualify for a five-year tax

    Bo Cosens RE/MAX Precision

    00 Ironwood Acres Plat 1 Lot 9 None, Madrid, IA 50156

Home Trends in Madrid, IA

Housing Trends

Median Sale Price
$258,000
Median Single Family Sale Price
$255,000
Average Price Per Sq Ft
$205
Number of Homes for Sale
15
Last 12 months Home Sales
48
Months of Supply
3.80
Median List Price
$256,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
4%
How to Buy a Home How to Finance a Home How to Sell a Home