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Foreclosure Homes in Madrid, IA 50156

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Madrid, IA Foreclosures

How much do homes sell for in Madrid, IA?
The average home price is currently $301,980.
In Madrid, IA, how many homes are available?
There are currently 49 active home listings available in Madrid.
What’s the average rental cost in Madrid, IA?
The average rental price in Madrid is $1,469.
What is the most expensive home in Madrid?
The most expensive home sold in Madrid had a price of $2,516,447.
What is currently the cheapest priced home in Madrid, IA?
The cheapest home for sale in Madrid is priced at $12,936.

Living in Madrid, IA

Madrid, Iowa, is a charming small town that offers a warm community atmosphere and convenient access to local amenities. With excellent schools, ample outdoor activities, and beautiful parks, it’s an ideal location for families and individuals alike. Whether you're looking for recreational opportunities or strong community ties, Madrid has much to offer.

Current Market Conditions in Madrid, IA

The real estate market in Madrid, IA, has shown consistent growth over recent years, making it an appealing place for investment. Home prices are relatively affordable compared to larger urban areas, yet properties are increasingly in demand due to the town’s appealing lifestyle and amenities.

Current trends suggest a steady appreciation in property values, and investors can find a range of options from entry-level homes to larger family residences, positioning Madrid as a solid choice for long-term real estate investment.

Home Value Estimator For Madrid, IA

There are currently 1,767 real estate properties in Madrid, IA, with a median automated valuation model (AVM) price of $259,840.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Madrid, IA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Madrid, IA, is $301,980.00, with the most expensive house in Madrid, IA, topping out at $2,516,447.00 and the cheapest home in Madrid, IA, clocking in at $12,936.00. In other words, there’s something for every potential homebuyer or savvy investor in Madrid, IA!

Rent Prices In Madrid, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Madrid, IA, is on a rollercoaster ride. The average rent price in Madrid, IA, is $1,469.00. Indeed, when looking to rent in Madrid, IA, you can expect to pay as little as $790.00 or as much as $2,160.00, with the average rent median estimated to be $1,430.00. The good news is that finding an affordable and desirable property to rent in Madrid, IA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Madrid, IA 50156 Foreclosures

Market Trend for Madrid, IA

Total Listings Available: 49

Market Values:

Home Prices from $12,936 to $2,516,447

Average Sales Price: $301,980

Rental Values:

Rental from $790 to $2,160

Average Rent Value: $1,469 / month

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