Is Fort Madison, IA 52627 a buyer’s or seller’s market?

The Fort Madison housing market right now

In the three months ending August 31, 2026, 9% of homes in Fort Madison, IA 52627 sold above their list price, the typical home went under contract in 60 days and there were 4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 36 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 6%, homes sold more slowly (46 days then) and the median sale price rose 29% to $134,942. Overall, Fort Madison is about as competitive as it was a year ago.

Within Lee County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in 67%. On our competition score, Fort Madison ranks #141 of 156 IA ZIP codes with enough sales (score 21 out of 100).

Nearby, buyers who want less competition could look at Wever 52658 (0% sold over asking) or Farmington 52626 (0% sold over asking), while West Point 52656 (25% sold over asking) and Montrose 52639 (22% sold over asking) are even more competitive.