Des Moines Market Trends
Track the pulse of the Des Moines real estate market. Interactive charts, historical data, and expert analysis to inform your decisions.
Current Market Conditions
Des Moines Metro Area • Updated December 2024
💰 Price Trends
Des Moines home prices have shown steady appreciation over the past decade, with particularly strong growth since 2020. The median sale price has increased approximately 45% over the past 5 years.
⚖️ Understanding Market Conditions
Real estate markets are classified by months of inventory—how long it would take to sell all current listings at the current sales pace. This helps determine whether buyers or sellers have the advantage.
Seller's Market
Less than 4 months of inventory. Homes sell quickly, often with multiple offers above asking.
Current MarketBalanced Market
4-6 months of inventory. Neither buyers nor sellers have a clear advantage.
Buyer's Market
More than 6 months of inventory. Buyers have leverage, prices may be negotiable.
💡 What This Means for You
In the current seller's market, buyers should be prepared to act quickly and make competitive offers. Sellers can expect strong interest but should still price strategically—overpricing can backfire even in a hot market.
🏘️ Neighborhood Performance
Not all neighborhoods perform equally. Here's how the top communities in the Des Moines metro compare on key metrics.
📈 Highest Appreciation (YoY)
- 1Waukee+7.1%
- 2Ankeny+6.8%
- 3Grimes+5.6%
- 4West Des Moines+5.2%
- 5Clive+4.8%
⚡ Fastest Selling (Avg DOM)
- 1Waukee14 days
- 2Ankeny17 days
- 3Johnston19 days
- 4Grimes20 days
- 5West Des Moines22 days
🗓️ Seasonal Market Patterns
The Des Moines real estate market follows predictable seasonal patterns. Understanding these can help you time your buying or selling strategy.
Spring (Mar-May)
Peak listing season. Most inventory, most buyers, competitive market.
Highest ActivitySummer (Jun-Aug)
Families want to move before school. Strong demand continues.
Fast SalesFall (Sep-Nov)
Activity slows but serious buyers remain. Less competition.
Motivated BuyersWinter (Dec-Feb)
Slowest season but least competition. Serious buyers only.
Best Deals⚠️ Timing Isn't Everything
While seasonal patterns exist, personal circumstances often matter more than market timing. The "best" time to buy or sell is when it's right for your situation. A good agent can help you navigate any market condition.
2025 Market Outlook
Home Prices
Expected to continue modest appreciation, though at a slower pace than 2021-2022.
+3-5% ExpectedInventory
Likely to remain tight as many homeowners are "locked in" to low mortgage rates.
Low SupplyInterest Rates
Expected to stabilize or decrease modestly if inflation continues to cool.
6-7% Range📋 Data Disclaimer
Market data is compiled from Des Moines Area Association of REALTORS® (DMAAR) MLS and public records. Forecasts are opinions based on current trends and are not guarantees. Real estate markets can change quickly based on economic conditions, interest rates, and other factors. For the most current and specific advice, consult directly with a real estate professional.
Get Personalized Market Insights
Want to know exactly how these trends affect your specific situation? I'll provide a custom market analysis for your neighborhood or property.
Sarah Ingles, Realtor® SRES®
Smart Move Des Moines
Brokered by CHASE. Collective Real Estate
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