Foreclosure Homes in Des Moines, IA 50311

Current Market Conditions in Des Moines, IA

The real estate market in Des Moines has remained robust, with a steady demand for housing. Current trends indicate a shift towards more suburban developments as families seek larger space and quieter neighborhoods while still benefiting from city amenities. Prices in the region have been increasing gradually, driven by consistent interest in both single-family homes and apartments.

Investors are taking note of the potential for growth, particularly in up-and-coming neighborhoods that are undergoing revitalization. New developments are popping up, showing confidence in the city's stability and appeal to younger demographics. Overall, the market remains competitive, with a slight increase in inventory and month-to-month sales indicating positive momentum.

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.