The housing market in 50315 Des Moines, IA is thriving. According to the data provided, the median value of a house in this area is $177,100 which is lower than the national median of $338,100. However, the house appreciation rate for the past year was 11.09% compared to 8.27% nationally. This suggests that not only are homes in 50315 Des Moines relatively less expensive than other areas of the country but also that their value is growing at a higher rate than most places around the nation.
The median home cost in Des Moines (zip 50315) is $177,100. Home appreciation the last 10 years has been 72.3%. Home Appreciation in Des Moines (zip 50315) is up 13.1%.
Average Age of Homes
- The median age of Des Moines (zip 50315) real estate is 58 years old
The Rental Market in Des Moines (zip 50315)
- Renters make up 34.4% of the Des Moines (zip 50315) population
- 1.8% of houses and apartments in Des Moines (zip 50315), 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.