The housing market in Des Moines, MN is thriving. The median value of a house in Des Moines is $334,200, which is slightly lower than the median value of a house in the US ($338,100). However, Des Moines has seen a 9.54% appreciation in house values over the past year - higher than the 8.27% national average. This reflects a strong and growing housing market in Des Moines where housing values are increasing at a higher rate than the rest of the country.
The median home cost in Des Moines is $334,200. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Des Moines is up 14.7%.
Average Age of Homes
- The median age of Des Moines real estate is 61 years old
The Rental Market in Des Moines
- Renters make up 1.0% 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.