50156 — Madrid, IA Home Values
Typical home value $292,243 as of June 2026 · 7th of 19 in Ames, IA
Blue: typical home value (Zillow ZHVI) in ZIP code 50156, June 2021 to June 2026. This page shows observed data only; no forecast.
How 50156 compares in the Ames, IA area
ZIP code 50156 (Madrid, IA) has a typical home value of $292,243 as of June 2026, ranking 7th of 19 ZIP codes tracked in the Ames, IA area, more expensive than about 68% of ZIP codes in the metro. Prices here have moved +5.2% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +34.5%, from $217,224 in June 2021 to $292,243 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Ames, IA forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Ames.
Population and demographics
ZIP code 50156 has a population of 4,407, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 96.8% White, 2.6% Hispanic or Latino, 0.4% two or more races, and 0.2% Black or African American.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Madrid Junior High School | 599 N Kennedy, Madrid, IA | 1.2 mi |
| Madrid High School | 599 N Kennedy, Madrid, IA | 1.2 mi |
| Madrid Elementary Preschool | 201 N Main St, Madrid, IA | 1.8 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 50156?
$292,243 as of June 2026, the latest month Zillow has published observed data for.
Is 50156 an expensive ZIP code in the Ames, IA area?
50156 ranks 7th of 19 ZIP codes in the Ames, IA area by typical home value, more expensive than about 68% of ZIP codes in the metro.
How much have home values in 50156 changed over the past year?
+5.2% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 50156?
4,407, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 50156?
Madrid Junior High School (1.2 mi), Madrid High School (1.2 mi), Madrid Elementary Preschool (1.8 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 50156?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Ames, IA forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.