$129,000
888 SqFt
2 Beds
•1 Full Bath
Laura Major, Listing Office: Century 21 Signature
October 2024
Report Updated 22 Days Ago
Is Des Moines, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Des Moines has remained a Seller's Market.
How much do homes in Des Moines, IA cost?
$214,985
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
Summary: The median home sold price in Des Moines was $214,985 in October 2024, up 7.5% from last year, and the median price per square foot was $190.
# BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $131K | $123.9K | -5.5% |
2 Bedrooms | $155.6K | $165K | +6.1% |
3 Bedrooms | $215K | $225.9K | +5.1% |
4 Bedrooms | $250K | $276.6K | +10.7% |
5+ Bedrooms | $275K | $322K | +17.1% |
Summary: Des Moines housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.5%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 17.1%.
Lee Township | $171.8K | $189.9K | +10.5% |
Bloomfield Township | $200.5K | $218.6K | +9.0% |
Des Moines | $200K | $214.9K | +7.5% |
Des Moines Township | $200K | $214.8K | +7.4% |
How many homes are available in Des Moines, IA?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
1,099 | 1,175 | +6.9% |
Summary: The Des Moines real estate market had 1,175 homes for sale in October 2024, a 6.9% increase compared to September 2024.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 32 | 37 | +15.6% |
2 Bedrooms | 303 | 322 | +6.3% |
3 Bedrooms | 490 | 518 | +5.7% |
4 Bedrooms | 206 | 229 | +11.2% |
5+ Bedrooms | 68 | 69 | +1.5% |
Summary: The Des Moines housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 15.6%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 11.2%, and 5+ bedroom homes increased by 1.5%.
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
212 | 240 | +13.2% |
139 Homes Were Sold
Under Asking
62 Homes Were Sold
At Asking
39 Homes Were Sold
Over Asking
Summary: A total of 240 homes were sold or pending in Des Moines in October 2024, up by 13.2% month-over-month. Of the 240 sold homes, 58% were sold under asking, 26% were sold at asking, and 16% were sold over asking.
How long does it take to sell a home in Des Moines, IA?
Oct 2023 | Oct 2024 | CHANGE |
---|---|---|
29 Days | 32 Days | +9.0% |
Summary: Homes in Des Moines had an average of 32 days on market in Oct 2024, up by 9% compared to last year.
157 Homes Were Sold
Under 30 Days
61 Homes Were Sold
In 30 - 90 Days
22 Homes Were Sold
Over 90 Days
Summary: During October 2024, 240 homes were sold in Des Moines; 65% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated 22 Days Ago
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MLS Disclaimers and Copyright
Based on information from Des Moines MLS for the period 11/01/2022 - 11/01/2024
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Des Moines Area Association of Realtors. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2024 Des Moines Area Association of Realtors. All Rights Reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 5:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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