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IA area data

Madrid, IA

Madrid, IA.

Population: 4,575 (Census ACS)

Home values & appreciation

Median home value
$290,404
1-year appreciation
+4.1%
3-year appreciation
+15.2%
5-year appreciation
+33.0%
10-year appreciation
+86.5%
All-time peak (2026-04)
$291,734
House Price Index
379.0 (+3.7% YoY)

Market activity

Median sale price
$195,000
Median list price
$286,000
Median days on market
51 days
Sale-to-list ratio
98.9%
Active listings
9
1-year forecast
+1.2%
New listings (monthly)
5

Rents

2-bedroom fair-market rent (HUD reference)
$1,020/mo
3BR fair-market rent
$1,420/mo

Affordability

Cost of living index (Low)
89.5 (100 = US avg)
Electricity rate (state-level)
13.7¢/kWh
Natural gas rate (state-level)
$10.60/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
4
Elementary schools
1
Middle schools
1
High schools
1

Natural hazards & flood risk

Overall hazard risk
Very Low
Top hazards
drought
FEMA flood zone
A
Flood risk level
High

Climate (30-year normals)

Annual precipitation
40.2 in

Walkability & transit

Walkability index
7.3 / 20
Transit service frequency
-99,999

Amenities

Nearest airport
Boone Municipal Airport (BNW) (11 mi)
Nearest major airport
Des Moines International Airport (DSM) (26 mi)
Hospitals nearby (~15 mi)
2
Avg hospital rating
4.0 / 5
Solar radiation rating
Fair (4.0 kWh/m²/day)

Migration

Net migration
+31 tax filers

Housing stock

Median year housing built
1,965
Median annual property tax
$3,133
Mean commute to work
26 min
Households with broadband internet
72.5%

Employment & development

Total county employment
6,656
Average weekly wage
$987
Top industries (by employment)
Health Care, Construction, Accommodation & Food
Annual residential building permits (county)
53

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents