50261 — Madison County, Iowa Market Snapshot
Housing market data for zip code 50261 in Madison County, Iowa. Updated monthly with median prices, days on market, and more.
Limited Sales Data
Only 8 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
8 sales in 2026 (year to date)
Median Sale Price
$362,450
Days to Sell
184
Homes Sold
8
Inventory
7
Conforming Loan Available
Most homebuyers in 50261 can comfortably use conventional financing. The median home price of $362,450 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 184 days on average, 50261 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 50261 can comfortably use conventional financing. The median home price of $362,450 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 50261 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 50261
To purchase the median home at $362,450 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,927.
Monthly Payment
$2,927
Income Required
$125,442
Principal & Interest
$2,233/mo
Down Payment (5%)
$18,123
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 50261.
Estimated Monthly Payment
$2,393
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