Des Moines, IA Housing Market

Market data powered by Zillow Research. Last updated: 2026-04-02

Des Moines, IA offers balanced conditions for buyers.

  • •Prices are essentially flat (1.5% YoY) — good negotiating leverage for buyers.
  • •Price-to-rent ratio: 19.1 — buying and renting are roughly comparable.

Median Home Value

$287,903

ZHVI

Year-over-Year

+1.5%

Price change

5-Year Change

+27.9%

Since 2021

Median Rent

$1,257/mo

ZORI

Active Listings

2,980

For sale

State Avg

$227,764

Iowa

Home Value Trends

5-year Zillow Home Value Index for Des Moines, IA vs. state and national averages.

Rent Data

Median Rent

$1,257/mo

Rent YoY Change

+2.2%

Rent vs. Buy Calculator

Other Markets in Iowa

Spirit Lake, IA$367,533Iowa City, IA$290,939Dubuque, IA$266,271Ames, IA$257,608Cedar Rapids, IA$233,266Sioux City, IA$215,104
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Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.