Des Moines, IA Home Values & Market Trends

Real estate market trends reflect that there have been 3,575 transactions over the past year in Des Moines. The median value for residential home transactions that occurred over the previous year is $217,589. The number of current listings in Des Moines is 4,550, and the percentage of properties for sale in the city is 4550.00%. Des Moines, IA currently has 216 properties in foreclosure, 23 bank owned properties, 83 properties headed for auction, and 4,550 properties for sale.

Des Moines, IA Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
50317

$ 204,111

$ 178/sqft

50316

$ 166,838

$ 141/sqft

50315

$ 194,897

$ 166/sqft

50314

$ 175,894

$ 138/sqft

50310

$ 238,627

$ 179/sqft

50321

$ 384,429

$ 184/sqft

50313

$ 179,950

$ 165/sqft

50309

$ 376,783

$ 219/sqft

50320

$ 291,293

$ 177/sqft

50319

$ --

$ --

50312

$ 318,412

$ 198/sqft

50391

$ --

$ --

50311

$ 239,950

$ 179/sqft

50392

$ --

$ --

Housing Market Summary for Des Moines, IA

Sep 2025September 2026Change
Median Listing Price$225K$234.9K4.40%
Median Sold Price$221.5K$187.9K-15.18%
Homes For Sale2,9764,51451.68%
Homes Sold1,426857-39.90%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Des Moines, IA

Des Moines home values range from $28,504 to $2,431,726. The median estimated value of a home in Des Moines is $217,589. The median list price of a home is 232,500, and the total count of properties in the city is 5,845.

Foreclosure
There are 14 zips within Des Moines, IA; within these zips, the median estimated home value for homes in foreclosure ranges from $503,010 in 50315 to the lowest value of $70,000 in 50315. Foreclosure homes account for 3.00% of properties in Des Moines, IA with 50317 containing 61 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.88% of all residential properties in Des Moines, IA with 50317 containing 34 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 14 zips within Des Moines, IA; of those zips, the estimated home value for pre-foreclosure homes ranges from $320,911 in 50312 to the lowest home value of $82,805 in 50314.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Des Moines, IA ranges from the highest value of $261,299 in 50320 to the lowest value of $78,000 in 50317. Bank owned homes and properties account for 0.39% of properties in Des Moines, IA. There are 14 zips within Des Moines, IA; 50317 containing 7 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    50317 has 20 auction properties, the highest number of properties going to auction in a single zip in the state of Des Moines, IA. Auction homes and other auction properties account for 1.42% of all properties in Des Moines, IA. There are 14 zips within Des Moines, IA; of those zips, the median estimated home value for homes going to auction ranges from $424,745 in 50321 to the lowest value of $70,000 in 50321.
Homes for Sale
Homes and properties that are actively listed for sale account for 77.84% of residential properties in Des Moines, IA with 50317 containing 884 homes for sale, the highest number of listed properties in a single zip. There are 14 zips within Des Moines, IA; homes for sale in those zips, have a range of median values from $1,300,000 in 50321 to the lowest value of $28,504 in 50315.
    Sold Homes
    The median value for recently sold homes ranges from $849,900 in 50321 to the lowest price of $30,071 in 50321. There are 14 zips within Des Moines, IA. 50317 has 185 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 14.76% of properties in Des Moines, IA.

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      Guide for Des Moines, IA

      Foreclosure
      Iowa Foreclosure Laws
      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      See More Articles
      Iowa Foreclosure Laws
      Foreclosure|posted 6 June 2013

      Iowa Foreclosure Laws

      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.