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 HOMESAverage 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 |
