Des Moines, Iowa

Housing in Des Moines

Detailed housing data — sourced from authoritative datasets and normalized for direct comparison.

Housing in Des Moines, Iowa

The Des Moines housing market in 2024 showed signs of cooling down after a period of significant growth, with home prices experiencing a slight decline. However, by May 2026, home prices in Des Moines were up 0.9% compared to the previous year, with a median price of $217,000. Homes are selling after an average of 29 days on the market.

New construction has become a core driver of housing supply, helping to meet buyer demand for modern layouts and energy efficiency. In 2025, the average sales price for a new construction home was $456,350, showing signs of stabilization. The market remains relatively tight compared to the national average, despite an increase in active inventory.

Housing

Average Rent
$1,162
Salary Needed
$55,000

About Des Moines, Iowa

Des Moines, the capital and most populous city in Iowa, is a vibrant hub known for its significant role in U.S. politics due to the Iowa caucuses, and as a major business center. The city's name is believed to be derived from the French 'Rivière des Moines,' meaning 'River of the Monks.' Incorporated in 1851, Des Moines has grown to be the largest metropolitan area entirely within Iowa, serving six counties in central Iowa: Polk, Dallas, Warren, Madison, Guthrie, and Jasper.

While the city proper has experienced a slight population decline in recent years due to suburbanization, the broader metropolitan area continues to expand, driven by growing job markets in sectors like insurance, finance, and healthcare, and more affordable housing options in the surrounding areas. Des Moines offers a blend of urban amenities and a relaxed suburban atmosphere, making it an appealing location for both young professionals and retirees.