The median value of housing in Des Moines, IA (zip code 50309) is $307,000, which is slightly lower than the US median house value of $338,100. The appreciation rate for house values in the US over the past year is 8.27%, while the appreciation rate for houses in Des Moines over that same period was 11.09%. This indicates that Des Moines is a good place to invest in housing, as it has seen greater returns on investment than other areas of the country. With an increasing population and a strong local economy, it looks like demand for housing will remain strong in Des Moines for years to come.
The median home cost in Des Moines (zip 50309) is $307,000. Home appreciation the last 10 years has been 72.3%. Home Appreciation in Des Moines (zip 50309) is up 13.1%.
Average Age of Homes
- The median age of Des Moines (zip 50309) real estate is 42 years old
The Rental Market in Des Moines (zip 50309)
- Renters make up 73.5% of the Des Moines (zip 50309) population
- 4.9% of houses and apartments in Des Moines (zip 50309), 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.