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Fort Madison, IA

Full City Profile · Iowa · Lee County County

3.1 /5.0
B Good
10,221 Population 1,059/sq mi density
$49,359 Median Income $28,004 per capita
$95,900 Home Value $106,463 Zillow
$824 Median Rent 26.5% income on rent
52°F Avg Temperature 275 sunny days/yr
664 Violent Crime/100K 1,973 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$49,359 median income, 2.3% unemployment
A+
Affordability
5.0 / 5.0
$95,900 home value, $824/mo rent
F
Safety
1.0 / 5.0
664 violent crimes/100K (75% above avg)
C+
Education
2.5 / 5.0
19.1% bachelor's degree or higher

Housing Overview

Median Home Value
$95,900
66% below
US avg: $281,900
Median Rent
$824/mo
29% below
US avg: $1,163/mo
Homeownership Rate
73.1%
12% above US avg (65.4%)
Total Housing Units
5,100
Median year built: 1949

Home Value by Source

Census Median
$95,900
Zillow (ZHVI)
$106,463
Median Sale Price
$80,000
Median List Price
$85,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

73.1%
Owner-Occupied
26.9%
Renter-Occupied
73%
27%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$738/mo
1 Bedroom
$788/mo
2 Bedroom
$989/mo
3 Bedroom
$1,282/mo
4 Bedroom
$1,420/mo
Census median rent: $824/mo

Market Indicators (Redfin)

Median Days on Market
81 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
10
Price Drops
21.7%
of listings with price reduction
Price Per Sq Ft
$44
Active Inventory
46
homes for sale

Affordability & Housing Stock

Rent Burden
26.5%
of renters spending 30%+ of income on housing
15% below US avg (31.0%)
Median Year Built
1949
Average age of housing stock: 77 years
Homeownership Rate
73.1%

Complete Housing Data

Home Values

Census Median Value$95,900
Zillow Home Value (ZHVI)$106,463
Median Sale Price$80,000
Median List Price$85,000
Price Per Sq Ft$44

Rent

Census Median Rent$824
FMR Studio$738
FMR 1-Bedroom$788
FMR 2-Bedroom$989
FMR 3-Bedroom$1,282
FMR 4-Bedroom$1,420

Market

Days on Market81
Sale-to-List Ratio0.9%
Price Drops21.7%
Homes Sold10
Active Inventory46
Price Per Sq Ft$44

Ownership & Stock

Owner-Occupied73.1%
Renter-Occupied26.9%
Homeownership Rate73.1%
Total Housing Units5,100
Median Year Built1949
Rent Burden26.5%