Madrid, IA Housing Statistics

A+

25%

Med. Home Val. NAT. AVG.

10%

Rent NAT. AVG.

28%

Owner Occ. NAT. AVG.

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Madrid Housing Information

Index	Madrid	Iowa	National
Median home price	$138,700	$132,800	$184,700
Median rent asked	$850	$715	$949
Avg. people per household	2.0	2.4	2.6
Owner occupied households	81.1%	71.1%	63.6%
Renter occupied households	18.9%	28.9%	36.4%

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Housing Quick Facts

The median home price in Madrid is 25% lower than the national average.
The median rent asked in Madrid is 10% lower than the national average.
The average number of people per household in Madrid is 24% lower than the national average.
The number of owner occupied households in Madrid is 28% higher than the national average.
The number of renter occupied households in Madrid is 48% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Bouton, IA	165	$66,800	64%
Perry, IA	7,660	$84,800	54%
Boone, IA	12,470	$114,600	38%
Minburn, IA	401	$117,200	37%
Ogden, IA	1,767	$122,500	34%
Madrid, IA	2,570	$138,700	25%

Cities with similar population

	Population	Home Price	National Avg.
Oakland City, IN	2,570	$84,700	54%
Monticello, UT	2,570	$182,900	1%
West Lafayette, OH	2,571	$71,500	61%
Dade City North, FL	2,569	$62,700	66%
George West, TX	2,571	$68,300	63%
Madrid, IA	2,570	$138,700	25%

Source: The Madrid, IA housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).