Des Moines Market Report

$311,714

AVERAGE PRICE OF 989 HOMES

$162,268

AVERAGE PRICE OF 16 DISTRESSED HOMES

$2,799,363

AVERAGE PRICE OF 22 MULTI-MILLION DOLLAR HOMES

$456,244

AVERAGE PRICE OF 127 NEWLY BUILT HOMES

$550,620

AVERAGE PRICE OF 24 HOMES WITH A POOL

$373,593

AVERAGE PRICE OF 32 REDUCED PRICE HOMES

Average Home

Average Price $311,714
Avg Bedrooms 2.57 beds
Avg Bathrooms 1.79 baths

Average Price by Bedrooms

1 bedroom $177,069
2 bedrooms $214,363
3 bedrooms $293,223
4 bedrooms $372,251
5 bedrooms $570,649
Des Moines Home Price Trends
  3/2024 2/2024 1/2024 12/2023 11/2023
Total Listings 932 888 863 959 979
Average Price $315,882 $311,700 $296,133 $290,858 $292,370
Avg Price Change +1.34% +5.26% +1.81% -0.52% -0.45%
Median Price $229,298 $225,270 $225,000 $225,000 $225,275
Med Price Change +1.79% +0.12% 0.00% -0.12% +0.12%
Avg Bedrooms 2.57 beds 2.58 beds 2.53 beds 2.57 beds 2.63 beds
Avg Bathrooms 1.79 baths 1.76 baths 1.75 baths 1.77 baths 1.82 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 989 $311,714 91 days
Distressed Homes 16 $162,268 64 days
Multi-Million Dollar Homes 22 $2,799,363 173 days
Newly Built Homes 127 $456,244 159 days
Homes with a Pool 24 $550,620 78 days
Reduced Price Homes 32 $373,593 55 days
Realty One Group Impact
140 S 68th st #1104
West Des Moines, IA 50266
Licensed to Sell Real Estate In Iowa

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. Last Updated April 12, 2024
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