The story of this market
The typical home in ZIP 50156 sells for about $350,000, or $174 per square foot.
Prices are up +5.9% from a year ago, so sellers still have some momentum. Homes take about 53 days to sell. HUD's fair market rent for a two-bedroom is $768 a month.
ZIP 50156 — Madrid
The housing market in 50156 reflects broader regional trends with moderate price appreciation and stable inventory levels. Market activity is driven by steady demand for single-family homes, though supply constraints remain a factor in overall transaction volume.
Median prices moved up 5.9% year over year.
Homes spend a median of 53 days on market with 9.6 months of supply — a slower-moving market.
27% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.1% · poverty 3.8% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 50156, Story County IA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Iowa) — Iowa Property Tax Assessment Limitation: The taxable value is determined by applying an assessment limitation (rollback) to the assessed market value. The limitation is calculated annually to restrict the growth in aggregate taxable value for the residential class to 3% statewide.
Data retrieved from Census Reporter ZCTA 50156 profile.
- Urban Air Trampoline and Adventure Park4.216.6 mi
- Sky Zone Trampoline Park4.314 mi
- B&B Theatres Ankeny 12 & B-Roll Bowling4.515.1 mi
- K1 Speed Des Moines4.313.9 mi
- Clive Aquatic Center4.518.7 mi
- Jack Trice Stadium4.713.2 mi
- Center Grove Orchard4.717 mi
- Prairie Ridge Sports Complex4.513.8 mi
- Main Street Cafe & Bakery (Ankeny)4.715.4 mi
- Hilton Coliseum4.713.6 mi
- Ledges State Park4.88.4 mi
- Reiman Gardens4.812.9 mi
- Big Creek State Park4.75.6 mi
- Jester Park4.77.1 mi
- Iowa Arboretum & Gardens4.74.7 mi
- Boone & Scenic Valley Railroad & James H. Andrew Railroad Museum4.513.6 mi
- Living History Farms4.518.2 mi
- Des Moines Children's Museum4.519.7 mi
- Iowa Gold Star Military Museum4.913.2 mi
- Unkl Ruckus's & Purple Moon's On Merle Hay Rd.4.718.5 mi
- Ledges State Park4.88.4 mi
- Reiman Gardens4.812.9 mi
- Big Creek State Park4.75.6 mi
- Jester Park4.77.1 mi
- Jester Park Nature Center4.96.7 mi
- Saylorville Lake Marina4.710.2 mi
- Big Creek Marina4.65.5 mi
- Jester Park4.77.1 mi
- Jester Park Golf Course4.47.1 mi
- Beaver Creek Golf Club3.911.1 mi
- Tournament Club of Iowa4.48.5 mi
- Honey Creek Golf Club4.510.9 mi
- Hy-Vee Grocery Store4.312.4 mi
- Des Moines International Airport4.325.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.