The housing market in Des Moines, NM is significantly lower than the US House median value of $338,100. Despite this, however, Des Moines has seen a strong appreciation rate of 9.54% over the past year which is higher than the US 1 year house appreciation rate of 8.27%. This suggests that Des Moines' housing market is performing well and could be an attractive investment opportunity for prospective buyers.
The median home cost in Des Moines is $97,300. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Des Moines is up 12.5%.
Average Age of Homes
- The median age of Des Moines real estate is 58 years old
The Rental Market in Des Moines
- Renters make up 26.4% of the Des Moines population
- 0.0% of houses and apartments in Des Moines, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.