50156 Home Values & Market Trends
There are 67 homes currently listed for 50156. 50156 real estate market trends show that home prices range from $109,000 to $1,195,000, and the median sales price in the 50156 zip code is $250,140. The total number of properties sold within the past twelve months is 75. In 50156, 2 properties are in foreclosure, 0 are bank owned properties,and 0 are headed for auction.
50156 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Madrid | $ 250,140 $ 179/sqft |
Housing Market Summary for 50156
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $240K | $240K | - |
| Median Sold Price | $276.5K | $264.9K | -4.17% |
| Homes For Sale | 44 | 67 | 52.27% |
| Homes Sold | 33 | 29 | -12.12% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in 50156
Browse Homes in 50156
The median list price of a home in Madrid, is $250,140. A total of 67 properties are for sale, and the percentage of properties for sale in the zip code is 67.00%. The total count of 50156 properties is 102.
- Pre-ForeclosurePre-foreclosure homes account for 1.96% of all residential properties in 50156 with madrid containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 50156; of that cities, the estimated home value for pre-foreclosure homes ranges from $178,668 in madrid to the lowest home value of $105,106 in madrid.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 50156 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 50156. There is 1 cities within 50156; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 50156. Auction homes and other auction properties account for 0% of all properties in 50156. There is 1 cities within 50156; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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Guide for 50156
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.