Fort Madison, IA Housing Market Update: Prices, Inventory, and What’s Listed
Fort Madison, IA – March 4, 2026 – Redfin shows a $142K January 2026 median sale price (6 homes sold), while Zillow’s typical value is about $103K and active inventory remains a…
Top takeaways
- Recent sale pricing jumped: Redfin’s January 2026 median sold price was $142K, with 6 homes sold.
- Inventory is still active: Zillow shows 65 homes for sale and 11 new listings as of late January.
- Market pace remains measured: typical marketing time runs roughly 2–3 months, depending on the dataset.
Market snapshot
Redfin reports Fort Madison homes averaged 54 days on market in January, with an average sale-to-list around 94%, which signals many buyers are negotiating below asking price. In Realtor.com’s Fort Madison overview, the market shows a median sale price around $133K with about 73 homes for sale. The same overview also points to limited rentals (about 5 active listings), which may mean fewer choices for renters compared with buyers shopping for homes.
What’s for sale (no addresses)
- Entry-level options: condos and smaller homes around the low-$100Ks to mid-$100Ks.
- Common move-in-ready range: many 2–3 bed homes appear clustered in the $125K–$160K band.
- Higher-priced homes: a handful of larger homes show up above $200K, but selection is thinner.
What to watch next
With time-on-market near two months and sale-to-list below 100%, pricing and negotiation dynamics may vary by home condition and list price. If you’re tracking the market closely, it can help to note whether you’re seeing more price cuts, fewer showings, or steady demand as new listings come online.