50218 — Madison County, Iowa Market Snapshot
Housing market data for zip code 50218 in Madison County, Iowa. Updated monthly with median prices, days on market, and more.
Limited Sales Data
Only 2 homes sold in this ZIP code during the selected period. Statistics may not be representative. See the Madison County county page for broader data.
Market Sales Data
2 sales in 2026 (year to date)
Median Sale Price
$242,950
Days to Sell
140
Homes Sold
2
Inventory
4
Conforming Loan Available
Most homebuyers in 50218 can comfortably use conventional financing. The median home price of $242,950 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 140 days on average, 50218 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Conforming Loan Feasibility
Most homebuyers in 50218 can comfortably use conventional financing. The median home price of $242,950 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 50218 are set at the county level.
2026 Loan Limits — Madison County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 50218
To purchase the median home at $242,950 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,011.
Monthly Payment
$2,011
Income Required
$86,203
Principal & Interest
$1,497/mo
Down Payment (5%)
$12,148
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 50218.
Estimated Monthly Payment
$1,654
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