The housing market in Des Moines, WA (98198) is slightly less robust than the national housing market. The median value of a house in Des Moines is $533,500 compared to the national median value of $338,100. Additionally, the rate of appreciation for houses in Des Moines over the past year is only 4%, while nationally it stands at 8.27%. This means that home prices are increasing at a slower rate in Des Moines and thus buyers may be able to find offers that better suit their budget.
The median home cost in Des Moines (zip 98198) is $533,500. Home appreciation the last 10 years has been 142.4%. Home Appreciation in Des Moines (zip 98198) is up 10.8%.
Average Age of Homes
- The median age of Des Moines (zip 98198) real estate is 42 years old
The Rental Market in Des Moines (zip 98198)
- Renters make up 41.5% of the Des Moines (zip 98198) population
- 0.9% of houses and apartments in Des Moines (zip 98198), 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.