The median home value in Madrid, IA is $250,000. This is higher than the county median home value of $147,600. The national median home value is $219,700. The average price of homes sold in Madrid, IA is $250,000. Approximately 73.76% of Madrid homes are owned, compared to 21.84% rented, while 4.41% are vacant. Madrid real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Madrid real estate agent to arrange a tour today!
Madrid, Iowa has a population of 2,577. Madrid is less family-centric than the surrounding county with 28.21% of the households containing married families with children. The county average for households married with children is 31.94%.
The median household income in Madrid, Iowa is $64,135. The median household income for the surrounding county is $57,906 compared to the national median of $57,652. The median age of people living in Madrid is 43.7 years.
The average high temperature in July is 84.3 degrees, with an average low temperature in January of 11.7 degrees. The average rainfall is approximately 35.9 inches per year, with 31.6 inches of snow per year.