Des Moines, Iowa Real Estate Market Analysis

dynamic.RE

Des Moines, Iowa

31 ZIPs in this city:50301 50302 50303 50304 50305 50309 50310 50311 50312 50313 50314 50315 50316 50317 50318 50319 50320 50321 50328 50359 50360 50361 50362 50363 50364 50368 50380 50391 50392 50395 50947

Market Hotness

Hotness Rank

Hotness Score

Supply Score

Demand Score

DOM vs US

+0.8%

Slower

Price vs US

60%

Below avg

Median Listing Price

$975K

Population

220,322

Households

92,894

Median Days on Market

Active Listings

New Listings

Housing Market

Pricing

Median Listing Price

$975K+274.5% YoY

Average Listing Price

$975K+243.9% YoY

Price per Sq Ft

---- YoY

Median Sq Ft

---- YoY

Inventory

Active Listings

2-99.7% YoY

New Listings

0-100.0% YoY

Total Listings

2-99.8% YoY

Buyer Competition

Pending Listings

---- YoY

Pending Ratio

---- YoY

Median Days on Market

---- YoY

Price Reduced

0.0%-100.0% YoY

Units & Occupancy

2024 Occupancy

218Kunits

Occupied205,35894.0%
Vacant13,1286.0%

2024 Tenure

205Koccupied

Owner138,30967.4%
Renter67,04932.6%

Renter Share

32.6%-0.8% YoY

Total Housing Units

218,486+1.6% YoY

FY2026 Fair Market Rent — Polk County

HUD government estimate (40th percentile) — not actual market asking rent.

Studio

$1,063

/month

1 BR

$1,109

/month

2 BR

$1,318

/month

3 BR

$1,794

/month

4 BR

$1,841

/month

FMR Trends — Polk County

Source: HUD Fair Market Rents

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Population & Age

Total Population

220,3220.0% YoY

2024 Age Mix

220Kresidents

Under 1850,61823.0%
Adults 18–64141,08864.0%
65 & Over28,61613.0%

Age Composition Over Time2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

35.280.0% YoY

Population Under 18

50,618+0.9% YoY

Population 65 & Over

28,616+1.1% YoY

Households & Mobility

Total Households

92,894+0.1% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.31-0.1% YoY

2024 Residential Mobility

of residents

Same house84.1%
Moved (within US)15.5%
Other0.4%

Veterans

5.2%-8.8% YoY

Income & Poverty

Median Household Income

$68K+2.9% YoY

Per-Capita Income

$38K+3.6% YoY

Mean Household Income

$87K+3.2% YoY

Below Poverty Level

14.7%+0.8% YoY

Commuting

2024 Commute Mode

of workers

Drove alone71.6%
Public transit0.8%
Worked from home12.6%
Other15.0%

Worked From Home

12.6%+15.7% YoY

Mean Commute

19.62-0.3% YoY

Units & Tenure

Total Housing Units

100,640+0.2% YoY

2024 Occupancy

101Kunits

Occupied92,89492.3%
Vacant7,7467.7%

2024 Tenure

93Khouseholds

Owner57,22461.6%
Renter35,67038.4%

Avg Household Size — Owner

2.53+0.9% YoY

Avg Household Size — Renter

1.95-2.2% YoY

County Demographics

Median Age

36.22024

Population

Polk County Population

516,185+1.7% YoY

Households

Total Households

205,358+1.5% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.410.0% YoY

Age

2024 Age Mix

503Kresidents

Under 18122,59424.4%
Adults 18–64310,30661.7%
65 & Over70,27514.0%

Age Composition Over Time2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

122,594+0.2% YoY

Population 65 & Over

70,275+3.3% YoY

Median Age

36.200.0% YoY

Mobility & Veterans

2024 Residential Mobility

of residents

Same house85.7%
Moved (within US)13.9%
Other0.4%

Veterans

5.6%-6.7% YoY

County Economy

Income

Median Household Income

$84K+2.4% YoY

Per-Capita Income

$46K+3.7% YoY

Mean Household Income

$109K+2.9% YoY

Poverty

Below Poverty Level

10.3%+2.0% YoY

Transportation to Work

2024 Commute Mode

of workers

Drove alone72.4%
Public transit0.5%
Worked from home15.7%
Other11.4%

Worked From Home

15.7%+12.9% YoY

Mean Commute

20.00+0.5% YoY

Des Moines, Iowa

Market Hotness

Hotness Rank

Hotness Score

Supply Score

Demand Score

DOM vs US

+0.8%

Slower

Price vs US

60%

Below avg

Median Listing Price

$975K

Population

220,322

Households

92,894

Median Days on Market

Active Listings

New Listings

Housing Market

Pricing

Median Listing Price

$975K+274.5% YoY

Average Listing Price

$975K+243.9% YoY

Price per Sq Ft

---- YoY

Median Sq Ft

---- YoY

Inventory

Active Listings

2-99.7% YoY

New Listings

0-100.0% YoY

Total Listings

2-99.8% YoY

Buyer Competition

Pending Listings

---- YoY

Pending Ratio

---- YoY

Median Days on Market

---- YoY

Price Reduced

0.0%-100.0% YoY

Units & Occupancy

2024 Occupancy

218Kunits

Occupied205,35894.0%
Vacant13,1286.0%

2024 Tenure

205Koccupied

Owner138,30967.4%
Renter67,04932.6%

Renter Share

32.6%-0.8% YoY

Total Housing Units

218,486+1.6% YoY

FY2026 Fair Market Rent — Polk County

HUD government estimate (40th percentile) — not actual market asking rent.

Studio

$1,063

/month

1 BR

$1,109

/month

2 BR

$1,318

/month

3 BR

$1,794

/month

4 BR

$1,841

/month

FMR Trends — Polk County

Source: HUD Fair Market Rents

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Population & Age

Total Population

220,3220.0% YoY

2024 Age Mix

220Kresidents

Under 1850,61823.0%
Adults 18–64141,08864.0%
65 & Over28,61613.0%

Age Composition Over Time2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

35.280.0% YoY

Population Under 18

50,618+0.9% YoY

Population 65 & Over

28,616+1.1% YoY

Households & Mobility

Total Households

92,894+0.1% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.31-0.1% YoY

2024 Residential Mobility

of residents

Same house84.1%
Moved (within US)15.5%
Other0.4%

Veterans

5.2%-8.8% YoY

Income & Poverty

Median Household Income

$68K+2.9% YoY

Per-Capita Income

$38K+3.6% YoY

Mean Household Income

$87K+3.2% YoY

Below Poverty Level

14.7%+0.8% YoY

Commuting

2024 Commute Mode

of workers

Drove alone71.6%
Public transit0.8%
Worked from home12.6%
Other15.0%

Worked From Home

12.6%+15.7% YoY

Mean Commute

19.62-0.3% YoY

Units & Tenure

Total Housing Units

100,640+0.2% YoY

2024 Occupancy

101Kunits

Occupied92,89492.3%
Vacant7,7467.7%

2024 Tenure

93Khouseholds

Owner57,22461.6%
Renter35,67038.4%

Avg Household Size — Owner

2.53+0.9% YoY

Avg Household Size — Renter

1.95-2.2% YoY

County Demographics

Median Age

36.22024

Population

Polk County Population

516,185+1.7% YoY

Households

Total Households

205,358+1.5% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.410.0% YoY

Age

2024 Age Mix

503Kresidents

Under 18122,59424.4%
Adults 18–64310,30661.7%
65 & Over70,27514.0%

Age Composition Over Time2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

122,594+0.2% YoY

Population 65 & Over

70,275+3.3% YoY

Median Age

36.200.0% YoY

Mobility & Veterans

2024 Residential Mobility

of residents

Same house85.7%
Moved (within US)13.9%
Other0.4%

Veterans

5.6%-6.7% YoY

County Economy

Income

Median Household Income

$84K+2.4% YoY

Per-Capita Income

$46K+3.7% YoY

Mean Household Income

$109K+2.9% YoY

Poverty

Below Poverty Level

10.3%+2.0% YoY

Transportation to Work

2024 Commute Mode

of workers

Drove alone72.4%
Public transit0.5%
Worked from home15.7%
Other11.4%

Worked From Home

15.7%+12.9% YoY

Mean Commute

20.00+0.5% YoY