Des Moines, WA Foreclosures
Current Market Conditions in in Des Moines, WA As of April 2026?
In the last month, Des Moines has seen a notable uptick in home sales, with an increase of approximately 15% compared to the previous month. The average days on market for listings have decreased, indicating a competitive real estate environment. Many homes are being sold above asking price as buyers are eager to secure properties in this desirable location. The overall sentiment in the market points to a continued upward trend in home values.
How much do homes sell for in Des Moines, WA?
The average home price is currently $721,530.
What’s the average rental cost in Des Moines, WA?
The average rental price in Des Moines is $1,770.
What is the most expensive home in Des Moines?
The most expensive home sold in Des Moines had a price of $76,525,112.
What is currently the cheapest priced home in Des Moines, WA?
The cheapest home for sale in Des Moines is priced at $27,240.
Living in Des Moines, WA
Des Moines, Washington is a picturesque coastal city situated between Seattle and Tacoma. Known for its beautiful waterfront parks and community-oriented atmosphere, Des Moines offers a range of amenities and recreational activities. With easy access to major highways and public transportation, residents enjoy a convenient lifestyle while being surrounded by stunning natural scenery.
Buyer vs Seller Market in Des Moines, WA
The real estate market in Des Moines is currently vibrant, with an influx of new homeowners seeking the charm of coastal living. The median home price has shown a steady increase over recent months, highlighting growing demand. Properties in the area are highly sought after, particularly those near the waterfront, leading to competitive bidding situations for desirable homes.
Market trends indicate that homes are selling faster than ever, often in less than a month from listing. Developers and real estate investors are paying attention to the area's growth potential, with new constructions popping up to meet increasing demand. Low inventory levels contribute to rising prices, making it an optimal market for sellers.
As a family-friendly community with ample parks, schools, and amenities, the appeal of Des Moines continues to grow. Young professionals and families are drawn to the area for its quality of life, contributing to a strong, sustainable market.
Home Value Estimator For Des Moines, WA
There are currently 9,486 real estate properties
in Des Moines, WA,
with a median automated valuation model (AVM) price
of $617,901.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Des Moines, WA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Des Moines, WA,
is $721,530.00, with the most expensive house
in Des Moines, WA, topping out
at $76,525,112.00 and the cheapest home
in Des Moines, WA,
clocking in at $27,240.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Des Moines, WA!
Rent Prices
In Des Moines, WA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Des Moines, WA, is on
a rollercoaster ride. The
average rent price in Des Moines, WA,
is $1,770.00. Indeed, when looking to rent in
Des Moines, WA, you can expect to pay as little
as $860.00 or as much
as $5,560.00,
with the average rent median estimated to
be $1,760.00. The good news is that finding
an affordable and desirable property to rent in Des Moines, WA
-- 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.
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