Des Moines, IA

Balanced market+8.3% YoY

Housing market overview · Updated weekly

$216,500median sale price

Homes sold

181

Last 12 weeks

Days on market

73

Average pace

Active listings

651

3.6 months supply

Sale-to-list

96.6%

Below asking

The Des Moines housing market is currently classified as a balanced market with a median sale price of $216,500. Prices have risen 8.3% compared to last year, with homes spending an average of 73 days on market, indicating 3.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

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Frequently asked questions

What is the average home price in Des Moines?

The median home sale price in Des Moines is $216,500, up 8.3% from last year.

How long do homes stay on market in Des Moines?

Homes typically spend 73 days on market before going under contract.

Is Des Moines a buyer's or seller's market?

With 3.6 months of supply, Des Moines is currently a balanced market.

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