#723156, Jeffrey Hagel, Listing office: Jeff Hagel Real Estate
Madrid Housing Market Report June 2025•Boone County, Iowa
Housing Prices in Madrid, IA
How much do homes in Madrid, IA cost?
Housing Market Conditions
Is Madrid, IA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Madrid is a Seller's Market
Difference Since June 2024
Since last year, Madrid has remained a Seller's Market.
Madrid is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Madrid have sold for 16.9% less than they did a year ago.
Summary: The median home sold price in Madrid was $246,800 in June 2025, down 16.9% from last year, and the median price per square foot was $219.
Median Sold Price By Cities
City | Jun 2024 | Jun 2025 | Change YoY |
---|---|---|---|
Douglas Township | $240K | $225K | -6.3% |
Garden Township | $308.3K | $289K | -6.3% |
Madrid | $297K | $246.8K | -16.9% |
Median Sold Price By Bedrooms
Beds | Jun 2024 | Jun 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $196.8K | $190K | -3.5% |
22 Bedrooms | $199K | $207.5K | +4.3% |
33 Bedrooms | $297K | $263.9K | -11.1% |
44 Bedrooms | $320K | $371.5K | +16.1% |
55+ Bedrooms | $399.9K | $744.9K | +86.3% |
Summary: Madrid housing price by bedroom type for June 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -3.5%. The home price for 2 bedroom homes increased by +4.3%. The home price for 3 bedroom homes decreased by -11.1%. The home price for 4 bedroom homes increased by +16.1%. The home price for 5 bedroom homes increased by +86.3%.
How does Madrid, IA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Madrid, IA
Housing supply in Madrid, IA
How many homes are available in Madrid, IA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
13Last MonthJun 2025 | ||
202 months agoMay 2025 | -35.0 % Change MoMMay – Jun |
Summary: The Madrid real estate market had 13 homes for sale in Jun 2025, a 35.0 % decrease compared to May 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
5Last MonthJun 2025 | ||
72 months agoMay 2025 | -28.6 % Change MoMMay – Jun |
Homes For Sale By Bedroom Count
Beds | May 2025 | Jun 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 6 | 3 | -50.0% |
33 Bedrooms | 7 | 7 | 0.0% |
44 Bedrooms | 6 | 2 | -66.7% |
55+ Bedrooms | 1 | 1 | 0.0% |
Summary: Madrid housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -50.0%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -66.7%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Madrid, IA cost?
Over Asking Price2 Homes
At Asking Price2 Homes
Under Asking Price1 Home
If you're buying a home in Madrid, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Madrid in June 2025, down by 28.6% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and and 40% were sold over asking.
Days on Market for Madrid, IA
How long does it take to sell a home in Madrid, IA?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days1 Home
Over 90 Days1 Home
Many homes in Madrid are selling fast, if you're buying plan to act quickly.
Summary: During June 2025, 5 homes were sold in Madrid; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
51 DaysThis YearJun 2025 | ||
20 Days1 year agoJun 2024 | +153.2 % Change YoYJun 2024 – Jun 2025 |
Summary: Homes in Madrid had an average listing age of 51 days in Jun 2025, up by 153.2% compared to the previous year.
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Newest Listings in Madrid, IA
What homes are available in Madrid, IA?
Nearby markets
Nearby markets aren't available for Madrid, IA
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MLS Disclaimers and Copyright
Based on information from Des Moines MLS, for the period 07/01/2023 - 07/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/30/2025, 6:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.