The housing market in 50311 Des Moines, IA is currently quite strong. The median value of a house in the area is $200,700, significantly lower than the US median value of $338,100. However, over the past year, house appreciation in the area has been much higher than the national rate at 11.09%. This suggests that people are eager to invest in Des Moines real estate and that it may be an ideal place to buy a home right now.
The median home cost in Des Moines (zip 50311) is $200,700. Home appreciation the last 10 years has been 72.3%. Home Appreciation in Des Moines (zip 50311) is up 13.1%.
Average Age of Homes
- The median age of Des Moines (zip 50311) real estate is 78 years old
The Rental Market in Des Moines (zip 50311)
- Renters make up 41.7% of the Des Moines (zip 50311) population
- 1.8% of houses and apartments in Des Moines (zip 50311), 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.