Madison County, IA Home Values & Market Trends

The median home price in Madison County, IA is $247,336.96. There were 119 home sales in Madison County, IA over the past 12 months. The median residential Madison County, IA home value for transactions over the previous year is $245,000. The number of current listings in Madison County, IA is 55, and the percentage of properties for sale is 55.00%. The county has 6 foreclosures, 0 bank owned properties, 2 headed for auction, and 55 properties for sale.

Madison County, IA Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Winterset

$ 287,941

$ 197/sqft

Macksburg

$ 105,000

$ 109/sqft

Earlham

$ 249,735

$ 179/sqft

Bevington

$ --

$ --

Truro

$ 215,000

$ 215/sqft

Patterson

$ --

$ --

Saint Charles

$ 275,028

$ 143/sqft

Peru

$ --

$ --

Housing Market Summary for Madison County, IA

Apr 2023March 2024Change
Median Listing Price$275K$268.5K-2.36%
Median Sold Price$246K$268.5K9.14%
Homes For Sale4735-25.53%
Homes Sold5247-9.62%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Madison County, IA

Madison County, IA home values range from $21,528 to $2,118,490. Saint Charles is the priciest city with a median listing home price of $344,950, and Macksburg is most affordable with average house prices of around $105,000.

Foreclosure
There are 8 cities within Madison County, IA; within these cities, the median estimated home value for homes in foreclosure ranges from $246,542 in Winterset to the lowest value of $132,570 in Winterset. Foreclosure homes account for 0.00% of properties in Madison County, IA with Winterset containing 4 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.08% of all residential properties in Madison County, IA with Winterset containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 8 cities within Madison County, IA; of those cities, the estimated home value for pre-foreclosure homes ranges from $236,631 in Saint Charles to the lowest home value of $132,570 in Winterset.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Madison County, IA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Madison County, IA. There are 8 cities within Madison County, IA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Patterson has 1 auction properties, the highest number of properties going to auction in a single city in the state of Madison County, IA. Auction homes and other auction properties account for 0.04% of all properties in Madison County, IA. There are 8 cities within Madison County, IA; of those cities, the median estimated home value for homes going to auction ranges from $246,542 in Patterson to the lowest value of $160,596 in Patterson.
Homes for Sale
Homes and properties that are actively listed for sale account for 1.13% of residential properties in Madison County, IA with Winterset containing 33 homes for sale, the highest number of listed properties in a single city. There are 8 cities within Madison County, IA; homes for sale in those cities, have a range of median values from $379,900 in Saint Charles to the lowest value of $73,390 in Earlham.
    Sold Homes
    The median value for recently sold homes ranges from $698,652 in Saint Charles to the lowest price of $40,448 in Saint Charles. There are 8 cities within Madison County, IA. Winterset has 31 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.19% of properties in Madison County, IA.

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      Guide for Madison County, IA

      Foreclosure
      Iowa Foreclosure Laws
      Market Reports
      Thriving Des Moines Real Estate Market Shows Robust Growth Through Early 2024
      Home Buying Financing
      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      See More Articles
      Iowa Foreclosure Laws
      Foreclosure|posted 6 June 2013

      Iowa Foreclosure Laws

      Thriving Des Moines Real Estate Market Shows Robust Growth Through Early 2024
      Market Reports|posted 1 April 2024

      Des Moines’ real estate market experiences robust upward momentum, with property values increasing despite occasional fluctuations.

      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Financing|posted 23 April 2024

      Sometime we need to make changes to our budget to cope with higher interest rates. Here are some tips!

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?