50156
Madrid, Iowa.
Madrid, Boone County, IA · Ames, IA metro · population 4,575
to buy the typical home at today's mortgage rate — +$791 (+112%) since Jan 2020.
- 1 year
- Up $5,865 +2%
- $279,287$285,152 since Sep 2025
- 5 years
- Up $67,965 +31%
- $217,188$285,152 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 50156$1,497
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 13 years.
Typical home values in zip 50156 rose 2.1% over the past year — faster than the nation's +1.2%.
This zip spans 3 counties: Boone County, IA 76% · Polk County, IA 17% · Dallas County, IA 7%
Zillow also publishes an index for the city itself: Madrid, IA — measured over the city limits, which is a different area from this zip.
Typical home value — 50156
Mid-tier homes, smoothed and seasonally adjusted.
- 50156$285,152
- Ames$277,302
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 6.0 | 50243 | Sheldahl | 361 | — | $227,194 |
| 6.9 | 50134 | Kelley | 770 | — | $348,673 |
| 7.0 | 50276 | Woodward | 2,679 | — | $289,551 |
| 8.5 | 50244 | Slater | 1,729 | — | $296,086 |
| 8.8 | 50226 | Polk City | 7,759 | $1,616 | $429,534 |
| 9.4 | 50109 | Granger | 3,309 | — | $382,079 |
| 10.1 | 50124 | Huxley | 4,859 | $1,150 | $344,001 |
| 11.5 | 50014 | Ames | 32,958 | $1,240 | $312,833 |
| 11.9 | 50039 | Bouton | 344 | — | $273,317 |
| 12.4 | 50007 | Alleman | 444 | — | $381,604 |
| 13.1 | 50036 | Boone | 16,154 | $814 | $210,679 |
| 14.1 | 50010 | Ames | 33,799 | $1,251 | $294,371 |
| 14.3 | 50046 | Cambridge | 1,554 | — | $330,922 |
| 14.5 | 50111 | Grimes | 16,865 | $1,396 | $346,634 |
| 14.8 | 50131 | Johnston | 24,583 | $1,356 | $401,338 |
| 14.9 | 50023 | Ankeny | 46,306 | $1,459 | $355,240 |
| 15.9 | 50063 | Dallas Center | 2,720 | — | $330,034 |
| 16.1 | 50073 | Elkhart | 1,208 | — | $327,938 |
| 16.2 | 50212 | Ogden | 2,993 | — | $239,357 |
| 16.8 | 50167 | Minburn | 592 | — | $283,798 |
| 16.9 | 50105 | Gilbert | 1,487 | — | $338,759 |
| 17.2 | 50220 | Perry | 9,216 | $922 | $172,114 |
| 17.4 | 50021 | Ankeny | 30,283 | $1,469 | $318,429 |
| 18.3 | 50323 | Urbandale | 17,265 | $2,075 | $457,873 |
| 18.9 | 50322 | Urbandale | 31,931 | $1,030 | $289,882 |
| 19.4 | 50313 | Des Moines | 17,440 | $1,158 | $184,332 |
| 20.0 | 50325 | Clive | 19,012 | $1,857 | $434,039 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.