The housing market in Des Moines, IA 50320 is thriving. The median value of houses in this area stands at $235,700, which is significantly lower than the national median value of $338,100. In the past year, the US house appreciation rate has been 8.27%, but the appreciation rate for homes in Des Moines has been even higher at 11.09%. This suggests that investments in this area are likely to be profitable and that the local housing market is strong.
The median home cost in Des Moines (zip 50320) is $235,700. Home appreciation the last 10 years has been 72.3%. Home Appreciation in Des Moines (zip 50320) is up 13.1%.
Average Age of Homes
- The median age of Des Moines (zip 50320) real estate is 25 years old
The Rental Market in Des Moines (zip 50320)
- Renters make up 29.4% of the Des Moines (zip 50320) population
- 2.6% of houses and apartments in Des Moines (zip 50320), 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.