Des Moines - IA housing market
The Des Moines metro has a typical home value of $293,496, up 1.3% from a year ago. Homes sell in 26 days on average - a balanced market. 25% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($293,496) 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 1.3% over the past year. In Des Moines - IA, that means a home worth $289,730 last year is now worth roughly $293,496.
The median sale price , what homes actually close for , is $280,151. Homes are selling at 97.5% of list price, meaning buyers have room to negotiate.
Homes listed in Des Moines - IA sit on the market for roughly 26 days before going pending. Shorter = seller's market; longer = buyer's market.
About 25.4% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 1,096 new listings hit the market each month in Des Moines - IA. There are currently 3,322 homes for sale, up 18.0% from a year ago.
The typical monthly rent in Des Moines - IA is $1,287, up 2.0% year over year. For investors, the price-to-rent ratio here is roughly 19x annual rent.
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.
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Other metros in IA
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Cedar Rapids - IA | $241,161 | +3.5% | 17.0d |