Des Moines Market Report

$298,619

AVERAGE PRICE OF 957 HOMES

$120,042

AVERAGE PRICE OF 7 DISTRESSED HOMES

$2,326,325

AVERAGE PRICE OF 21 MULTI-MILLION DOLLAR HOMES

$495,571

AVERAGE PRICE OF 124 NEWLY BUILT HOMES

$373,596

AVERAGE PRICE OF 26 HOMES WITH A POOL

$294,295

AVERAGE PRICE OF 49 REDUCED PRICE HOMES

Average Home

Average Price $298,619
Avg Bedrooms 2.62 beds
Avg Bathrooms 1.8 baths

Average Price by Bedrooms

1 bedroom $175,305
2 bedrooms $210,306
3 bedrooms $292,237
4 bedrooms $341,128
5 bedrooms $506,830
Des Moines Home Price Trends
  8/2023 7/2023 6/2023 5/2023 4/2023
Total Listings 975 958 940 892 938
Average Price $277,224 $278,678 $283,861 $277,486 $265,317
Avg Price Change -0.52% -1.86% +2.30% +4.59% n/a
Median Price $226,131 $229,126 $234,050 $225,928 $215,208
Med Price Change -1.32% -2.15% +3.59% +4.98% n/a
Avg Bedrooms 2.65 beds 2.65 beds 2.63 beds 2.53 beds 2.39 beds
Avg Bathrooms 1.83 baths 1.84 baths 1.85 baths 1.75 baths 1.63 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 957 $298,619 63 days
Distressed Homes 7 $120,042 56 days
Multi-Million Dollar Homes 21 $2,326,325 85 days
Newly Built Homes 124 $495,571 109 days
Homes with a Pool 26 $373,596 54 days
Reduced Price Homes 49 $294,295 59 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 September 26, 2023
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