Housing in Madrid, Iowa

The median home cost in Madrid is $169,400. Home appreciation the last 10 years has been 25.4%. Home Appreciation in Madrid is up 3.2%. Browse Madrid Real Estate

Average Age of Homes

- The median age of Madrid real estate is 54 years old

The Rental Market in Madrid

- Renters make up 26.1% of the Madrid population
- 0.0% of houses and apartments in Madrid, are available to rent

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DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

HOUSING	Madrid, Iowa	United States
Median Home Age	60	40
Median Home Cost	$169,400	$231,200
Home Appr. Last 12 months	3.2%	6.7%
Home Appr. Last 5 yrs.	21.9%	35.6%
Home Appr. Last 10 yrs.	25.4%	27.4%
Property Tax Rate	$17.45	$11.78
Property Taxes Paid	$2,956	$2,724
Homes Owned	73.8%	56.0%
Housing Vacant	4.4%	12.2%
Homes Rented	21.8%	31.8%
AVERAGE RENT FOR HOME OR APARTMENT
Average Rent	$1,201	$1,470
Studio Apartment	$590	$821
1 Bedroom Home or Apartment	$700	$930
2 Bedroom Home or Apartment	$870	$1,148
3 Bedroom Home or Apartment	$1,170	$1,537
4 Bedroom Home or Apartment	$1,300	$1,791
VACANT HOUSING
Vacant For Rent	0.0%	2.1%
Vacant Rented	0.0%	0.5%
Vacant For Sale	1.1%	1.0%
Vacant Sold	0.0%	0.5%
Vacant Vacation	0.0%	4.0%
Vacant Other	3.3%	4.2%
VALUE OF OWNER-OCCUPIED HOUSING
Less Than $20,000	2.4%	3.5%
$20,000 to $39,999	3.4%	3.1%
$40,000 to $59,999	7.5%	3.9%
$60,000 to $79,999	5.5%	5.4%
$80,000 to $99,999	15.0%	6.3%
$100,000 to $149,999	30.2%	14.7%
$150,000 to $199,999	21.1%	14.6%
$200,000 to $299,999	11.9%	18.7%
$300,000 to $399,999	1.8%	11.0%
$400,000 to $499,999	0.0%	6.2%
$500,000 to $749,999	0.0%	7.0%
$750,000 to $999,999	0.0%	2.7%
$1,000,000 to $1,499,999	1.1%	1.5%
$1,500,000 to $1,999,999	0.0%	0.5%
$2,000,000 and over	0.0%	0.7%