Is Madrid, NE 69150 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Madrid is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Madrid housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Perkins County, NE

Population	344
Median income	$81,667
Average income	$91,746
Median home value	$210,900
Owner-occupied	96% of homes
Median year built	1945

Natural hazard riskHail (very high), tornadoes (relatively high), winter storms (relatively high)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 69150; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 69150

Prefilled for 69150Can I win this house?Multiple-offer likelihood for a listing Prefilled for 69150Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

More nearby ZIPs coming soon.

Browse all markets →

Where Madrid is

Loading map…

Questions about Madrid real estate

What are property taxes in Madrid?

About 1.00% of a home’s value a year in Perkins County, or roughly $4,000 on a $400,000 home.

Local agents

See all agents in 69150 →

No sponsored agents in 69150 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 69150

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Perkins County property taxes Perkins County loan limits Closing costs in Nebraska Hottest ZIP codes in Nebraska

Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

JavaScript (recommended) iframe only

<div class="offerbacked-widget" data-widget="zip" data-zip="69150"><a href="https://offerbacked.com/market/69150">Madrid, NE 69150 housing market data from OfferBacked</a></div>
<script async src="https://offerbacked.com/widget.js"></script>

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview Dark version

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology