Des Moines - IA housing market

The typical home value ($295,955) is the Zillow Home Value Index for the Des Moines - IA metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 0.8% over the past year. In Des Moines - IA, that means a home worth $293,606 last year is now worth roughly $295,955.

The median sale price, what homes actually close for, is $274,062. Homes are selling at 98.3% of list price, meaning buyers have room to negotiate.

Homes listed in Des Moines - IA sit on the market for roughly 21 days before going pending. Shorter = seller's market; longer = buyer's market.

About 30.2% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 1,225 new listings hit the market each month in Des Moines - IA. There are currently 3,799 homes for sale, up 11.4% from a year ago.

The typical monthly rent in Des Moines - IA is $1,311, up 2.3% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 18.8x, toss-up (#65 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.71% 30-year rate, runs about $1,529 a month in principal and interest, $218 more than renting before taxes, insurance and upkeep. The two break even at a 5.27% rate.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt September 2026. Methodology →