Zip 50311 (Des Moines, IA) Housing


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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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingDes Moines, IowaUnited States
  6,891.0139,647,020.0
  8042
  $200,700$338,100
  13.1%16.6%
  42.8%57.0%
  72.3%101.1%
  $20.51$10.98
  $3,684$2,690
  44.5%57.4%
  7.3%11.2%
  48.1%31.4%
  Vacant Housing
  1.8%1.9%
  0.7%0.4%
  0.6%0.7%
  0.5%0.4%
  0.3%3.6%
  3.5%4.1%
  Value of Owner-Occupied Housing
  1.1%2.6%
  1.5%2.4%
  0.2%2.8%
  2.4%3.9%
  4.3%4.5%
  22.8%11.3%
  31.4%13.0%
  31.4%20.1%
  3.2%13.6%
  1.3%8.3%
  0.3%9.7%
  0.0%3.9%
  0.0%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  3.3%13.6%
  3.3%13.6%
  3.1%13.6%
  3.5%13.2%
  5.4%14.8%
  3.1%13.6%
  14.7%10.0%
  10.9%4.7%
  48.7%12.2%
Commute