Secondary metropolitan market · Iowa · June 2026 data

Des Moines Real Estate Market

The Des Moines, IA housing market as of June 2026 — real median listing price, market pace, inventory and supply, from public records and industry data. Prepare a client-ready Des Moines report in a click.

Median listing price
$350,000
▼ 2.6% YoY
Median $ / sq ft
$229
1,519 sq ft median
Median days on market
57
June 2026
Active listings
3,361
For sale now
New listings
1,504
June 2026
Listings with price cuts
19%
Share of active
Median sale price (closed)
$308,500
▲ 1.0% YoY · closed sales
Sale-to-list ratio
98.9%
Closed sales
Homes sold / month
1,169
Closed sales
Median listing price trend
$360K$354K$347K$341K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Des Moines IA · trailing 8 quarters · source: public records and industry data.

The 10-year view
$375K$351K$326K$302K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Des Moines IA · June of each year, 2017–2026 · source: public records and industry data.

Supply snapshot
Active listings
3,361
New this month
1,504
Pending
2,072
Price-reduced
653

As of June 2026, the median home listed in Des Moines, IA asks $350,000 — down 2.6% from a year ago. Homes are taking a median of 57 days to go under contract, and 19% of the 3,361 active listings have taken a price cut, which points to a balanced market. Based on public records and industry data, updated monthly.

Investment snapshot
Investor Score
57/100
#313 of 932 covered metros
12-month outlook
-0.3%
Flat · model output, not advice
Price volatility
Low
σ 4.0% · 20-yr price-index swings
Momentum
46
Value
74
Rental yield
70
Supply risk
65
Market heat
63

Des Moines scores 57/100 on our composite Investor Score (#313 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 40% over five years and +70% over ten, leaving prices 39% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,302/mo for a two-bedroom, the gross rental yield on the median listing is about 4.5%; active inventory sits at 102% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are down 2.6% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Des Moines ranks on the trending markets index.

What mortgage rates do to the payment
If rates fall 1% · 5.43%
$1,578/mo
−$179/mo vs today
At today's rate · 6.43%
$1,757/mo
National weekly average
If rates rise 1% · 7.43%
$1,944/mo
+$187/mo vs today

Principal & interest on the $350,000 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

Growth, supply pipeline & risk
Building permits (2025)
6,233
▲ 23.3% vs 2024
8.7 per 1,000 residents
Net migration (2022–2023)
+2,543
▲ people, via tax-return records
net income flow +$74.8M/yr
Job growth (YoY)
+0.1%
▲ 416.0k nonfarm jobs · May 2026
Natural-hazard risk
Relatively Moderate
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

Des Moines market news

The Des Moines housing market shows strong activity and new affordable housing initiatives. — AI-generated summary of the headlines above; read the linked coverage before relying on it.

Headlines collected 2026-07-05; each links to the original publisher.

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Des Moines market FAQs

What is the median home price in Des Moines?
As of June 2026, the median listing price in Des Moines, IA is $350,000, down 2.6% year over year (source: public records and industry data).
How fast are homes selling in Des Moines?
The median property in Des Moines spends 57 days on the market, with 3,361 homes actively listed and 19% of them carrying a price cut — a balanced market by pace.
Who are the top real estate agents in Des Moines?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Des Moines and the wider Iowa market.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.