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Market Intelligence · NE / Perkins County

Madrid, NE home prices and housing market

1 ZIP market liveData updated September 2026Typical value$225K1-yr changeUp1.7%

The typical home value in Madrid, NE is $225K as of September 2026, up 1.7% from a year ago, based on the Zillow Home Value Index. In the typical Madrid ZIP code, the median list price is $150K and homes spend a median of 1 day on market as of September 2026 (Realtor.com).

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The coverage

Madrid, by the numbers.

Typical home valueZillow ZHVI, September 2026
$225K
1-yr changeMedian across Madrid ZIPs
+1.7%
ZIP markets live
1
County
Perkins County

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12-month value trend

+1.7% over 12 months

Typical home value in Madrid over the last 12 months: $221K in Sep 2025 to $225K in Sep 2026 (+1.7%).

Sep 2025$221K

Sep 2026$225K

Median Zillow home value index across Madrid's ZIP codes.

Context

Madrid, NE's housing market is extremely tight as of September 2026. The typical home value stands at $225,176, up 1.7% over the past year. With only 1 home for sale citywide and a median of 1 day on market, listings move quickly when they do appear. The median list price is $150,000, while 4 new listings came on the market recently. No homes have received price cuts, suggesting sellers aren't facing pressure to negotiate. For homeowners considering a sale, the scarcity of inventory means less competition, though the small market sample means results can vary significantly by neighborhood and property type.

The numbers

What is the housing market like in Madrid, NE?

Typical home value

$225K

Up1.7%YoY

Median list price

$150K

Days on market

1

Homes for sale

1

Price cuts

0.0%

New listings

4

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Madrid's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Madrid, NE home prices over time

Typical home values in Madrid, NE are up 1.7% over the past year, from $221K in September 2025 to $225K in September 2026.

Typical home value in Madrid, NE, September of each year
MonthTypical value1-yr change
September 2026$225,176+1.7%
September 2025$221,426No prior year

Typical value is the median Zillow Home Value Index across Madrid ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Madrid, NE a buyer's or seller's market?

Madrid, NE leans toward a seller's market.

Homes are selling quickly, relatively few listings have cut their asking price, and homes for sale are scarce relative to new listings, which usually gives sellers the stronger position.

Based on a median of 1 day on market and 0% of listings with a price cut in the typical Madrid ZIP code, and 4 new listings against 1 active listing across Madrid, as of September 2026 (Realtor.com).

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Live markets

What ZIP codes are live in Madrid?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier.

Zillow ZHVI, September 2026

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Common questions

Questions about Madrid, NE home prices.

How much is a home in Madrid, NE worth?

The typical home value in Madrid, NE is $225,176 as of September 2026, representing a 1.7% increase over the past year.

How fast do homes sell in Madrid, NE?

Homes sell very quickly in Madrid, NE, with a median of 1 day on market as of September 2026. The market is extremely tight, with only 1 home currently for sale.

What is the current list price range?

The median list price in Madrid, NE is $150,000 as of September 2026, with 4 new listings having appeared recently and 0.0% of listings receiving price cuts.

Are home prices going up or down in Madrid, NE?

Typical home values in Madrid, NE are up 1.7% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Madrid, NE a buyer's or seller's market?

Madrid, NE leans toward a seller's market. Homes are selling quickly, relatively few listings have cut their asking price, and homes for sale are scarce relative to new listings, which usually gives sellers the stronger position. Based on a median of 1 day on market and 0% of listings with a price cut in the typical Madrid ZIP code, and 4 new listings against 1 active listing across Madrid, as of September 2026 (Realtor.com).

Nearby markets

More Nebraska housing markets.

The market is moving

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