Fort Madison, IA—52627
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fort Madison, IA
As of Oct '25, the median home price in Fort Madison, IA is $105,000, with a year-over-year change of -4.0%. This indicates that home prices in Fort Madison, IA are decreasing. According to Zillow, the 1-year price projection is -1.5%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $105,000 | -4.1% |
| Single Family | $104,000 | -3.7% |
| Condos | $166,000 | 5.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $42,000 | -14.3% |
2 Bed | $80,000 | -5.9% |
3 Bed | $129,000 | 0.0% |
4 Bed | $148,000 | 2.1% |
| 5 Bed | $167,000 | 1.2% |
% of Housing Stock
Rental Trends — Fort Madison, IA
As of July '25, Rentcast reports the average rent in Fort Madison, IA is $956, with a year-over-year rent change of 20.7%. Per bedroom, the median rent as of July '25 in Fort Madison, IA is studios: $500, 1-bedrooms: $445, 2-bedrooms: $1,070, 3-bedrooms: $1,280. The most common rental property sizes in Fort Madison, IA are 2-bedroom and 3-bedroom, accounting for 35.9% and 26.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $950 | $956 |
| Studio Rent | $500 | $500 |
| 1 Bed Rent | $445 | $445 |
| 2 Bed Rent | $950 | $1,070 |
| 3 Bed Rent | $1,050 | $1,280 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Fort Madison, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Fort Madison, IA is 57. This is a decrease of -17.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $136,000 | -5.0% |
Listing Count | 79 | 15.0% |
| Listings as % of Homes | 0.6% | 15.0% |
Days on Market | 57 | -17.0% |
Demographics — Fort Madison, IA
As of the latest ACS Survey released in 2023, Fort Madison, IA has a population of 12,600, which has remained stable by 0.2% over the past 5 years. Fort Madison, IA is a moderately popular place for families, as children make up 19.6% of the population. The area has a poorly educated workforce, with 21.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,600 | 0.2% |
% Under 18 | 19.6% | -8.4% |
% Seniors | 21.8% | 19.8% |
% WFH | 5.9% | 145.8% |
% w/ College Degree | 21.1% | 43.5% |
As of the latest ACS Survey released in 2023, Fort Madison, IA is a predominantly white area, with 87.5% of the population identifying as white. The white population has shrunk by 0.8% in the last 5 years. The second most common race or ethnicity in Fort Madison, IA is hispanic, making up 4.8% of the population. Foreign-born residents account for 1.1% of the population in Fort Madison, IA, and this percentage has increased by 83.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 87.5% | -0.8% |
% Black | 4.3% | 53.6% |
% Hispanic | 4.8% | -21.3% |
% Asian | 0.2% | 100.0% |
% Foreign Born | 1.1% | 83.3% |
Mortgage and Risk — Fort Madison, IA
According to HUD data as of 2023, there were 83 mortgage originations in Fort Madison, IA, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Fort Madison, IA. Investor activity is low, as 0.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 83 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Fort Madison, IA
Fort Madison, IA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 222 |
Total Units Section 8 | 74 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 67.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $305 | $445 | $750 |
| 2 Bedroom | $40 | $950 | $990 |
| 3 Bedroom | $260 | $1,050 | $1,310 |
| 4 Bedroom | N/A | N/A | $1,310 |
Affordability — Fort Madison, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.9 |
| Median Home Price | $105,000 |
| Median Household Income | $54,900 |