Foreclosures in Des Moines, IA 50310

Buyer vs Seller Market in Des Moines, IA

The current real estate market in Des Moines remains competitive, with increased demand for single-family homes and a notable rise in property prices. Inventory levels are slightly low, which puts upward pressure on home values—a trend seen in many urban centers across the country.

Property sales have seen a steady increase, driven by a combination of economic development in the area and an influx of new residents seeking affordable housing options. The rental market is also strong, with increased investments in apartment buildings and community living spaces.

Rent Prices In Des Moines, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Des Moines, IA, is on a rollercoaster ride. The average rent price in Des Moines, IA, is $1,301.00. Indeed, when looking to rent in Des Moines, IA, you can expect to pay as little as $550.00 or as much as $2,800.00, with the average rent median estimated to be $1,280.00. The good news is that finding an affordable and desirable property to rent in Des Moines, IA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.