Photo: Billwhittaker · Public domain126 homes sold in Fort Madison in the last year, at a typical $120K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Fort Madison homes are listed.
Every place Fort Madison homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Fort Madison.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 92% of Fort Madison’s sales, at a typical $107K (year to May 2026)
126 homes sold in the year to September 2026.
typical sale · 129 sold in the year to May 2026
- Per square foot
- $76IA $158
- Days to sell
- 72
- Sold over asking
- 8%
- Listings with a price cut
- 22%
Multi-family (2–4 units): 6 sold, typical $76K
Condos: 5 sold, typical $136K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 1.6 times the 2016 price
126 sales in the last year, against 151 in 2022 and a low of 102 in 2023. The typical sale went from $74K in 2016 to $120K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $150K buys in Fort Madison
Check a listing against what Fort Madison homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Fort Madison are back to pre-pandemic levels, but a quarter fewer homes come up for sale
We read every month of Fort Madison’s home sales since 2015 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 126 sales.
If you’re buying in Fort Madison
- Shop in July. It brings about 14 new listings a month, close to the busiest month, with fewer bidding wars (7% over asking).
- Offer under asking. Buyers paid 93.2% of the list price on average; 9% paid over.
- You’ll usually have time. Only 33% of homes go under contract within two weeks; the typical one takes 83 days.
Spring brings the homes; fall brings the bidding wars
May has the most new listings (about 15 a month), but November is the most competitive: 14% of November sales close over asking. June and July offer nearly as much choice with fewer homes bid up (7%). October has the least competition (6%).
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and calmer than Iowa
| Fort Madison now | 2017–19 | 2021 peak | IA now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 9% | 6% | 9% | 20% |
| Gone within two weeksShare of homes under contract within 14 days | 33% | 1% | 0% | 35% |
| Price paid vs. askingAverage sale price ÷ list price | 93.2% | 92.6% | 93.8% | 97.5% |
| Days to sellMedian days from listing to contract | 83 | 134 | 93 | 46 |
44 homes for sale on a typical day
That’s 1.8 times the 2023 low (24), 27% fewer than in 2017–19 and well under 2016’s 69.
Fort Madison ranks 82nd of 91 busy Iowa markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Fort Madison is one of the state’s calmer markets.
Source: Redfin Data Center, city figures, January 2015 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Fort Madison home costs about $777 a month
Price: Fort Madison’s typical sale, last 12 months. Property tax at Fort Madison’s 1.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Fort Madison is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 5.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $120K home, about $1,810 a year.
Taxes vs. neighborsSchools
The schools grade for Fort Madison, from test results, graduation and how much students grow.
Schools in Fort MadisonTypical commute
The average one-way trip to work for people who live in Fort Madison.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Keokuk, Hamilton, Carthage and Warsaw sell for less a square foot; West Burlington for far more
The busier markets within 25 miles of Fort Madison, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Burlington | 402 | $123K | $88 | 15% | 58 |
| Keokuk | 144 | $100K | $60 | 12% | 82 |
| Fort Madison | 126 | $120K | $81 | 9% | 83 |
| West Burlington | 46 | $153K | $122 | 15% | 38 |
| Hamilton | 35 | $94K | $76 | 6% | 113 |
| Warsaw | 28 | $109K | $62 | 9% | 103 |
| Carthage | 24 | $119K | $72 | 0% | 161 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Fort Madison, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Fort Madison. People who follow the town see it, and so do people comparing Fort Madison with their own town. No commission, no listing fee.
Questions about buying a home in Fort Madison
What do homes sell for in Fort Madison, IA?
126 homes sold in the year to September 2026 at a typical $120K, $81 a square foot.
Is Fort Madison a buyer’s or seller’s market?
A seller’s market: 43 homes were for sale in September 2026 and 12 sold, about 3.6 months of supply. Buyers paid 93.2% of asking on average.
When is the best time to buy in Fort Madison?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Fort Madison?
About 1.5% of a home’s value a year. On a $120K home that’s near $1,810.
Where can I see homes for sale in Fort Madison?
Zillow, Redfin, Realtor.com and Homes.com all carry Fort Madison’s MLS listings; the search links above open each one filtered to Fort Madison.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).