Des Moines, WA is a great place to live with a median housing value of $571,000. While this is much higher than the US median house value of $338,100, the 1 year appreciation rate of 4.00% in Des Moines is significantly lower than the national average of 8.27%. Despite the appreciation rate being lower than the national average, real estate in Des Moines is still an attractive investment as it offers potential buyers great value for their money.
The median home cost in Des Moines is $571,000. Home appreciation the last 10 years has been 142.4%. Home Appreciation in Des Moines is up 10.8%.
Average Age of Homes
- The median age of Des Moines real estate is 44 years old
The Rental Market in Des Moines
- Renters make up 38.2% of the Des Moines population
- 0.8% 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.