The housing market in 50317 Des Moines, IA is quite strong. The median value of a house in this area is $164,100, which is significantly lower than the national median value of $338,100. This lower median value makes it an attractive option for buyers looking for more affordable housing options. In addition to the lower median value, the appreciation rate for houses in 50317 Des Moines, IA has been 11.09% over the past year, which is higher than the national average appreciation rate of 8.27%. This means that those who invest in housing in this area have the potential to benefit from increased returns on their investments.
The median home cost in Des Moines (zip 50317) is $164,100. Home appreciation the last 10 years has been 72.3%. Home Appreciation in Des Moines (zip 50317) is up 13.1%.
Average Age of Homes
- The median age of Des Moines (zip 50317) real estate is 58 years old
The Rental Market in Des Moines (zip 50317)
- Renters make up 25.6% of the Des Moines (zip 50317) population
- 1.2% of houses and apartments in Des Moines (zip 50317), 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.