Explore US City Des Moines, IA - Real Estate Market Insights, Demographics, Crime, Trends & Hotspots
Market Insights
Des Moines's real estate market is experiencing a price correction, with values down 6.8% from last year. Home prices have decreased 10.5% in the past month. With 5.1 months of supply, Des Moines's inventory levels remain relatively tight. Homes are now taking an average of 93 days to sell, significantly longer than the 25 days typical for this market. A significant 36.7% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 4.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Des Moines market with the affordability index at 7.7. Current trends suggest further price adjustments may occur as the market continues to favor buyers.
Demographics market for - Des Moines, IA
Total Population -
224,044
Des Moines, IA has a total population of 268,137 residents. The area is predominantly White (58.9%), The African American population is 9.2%. This creates a relatively diverse demographic makeup for the area. As a large population center, Des Moines, IA offers diverse community resources and amenities.
White Race
70%
African American Race
11%
Crime for City - Des Moines, IA
Crime analysis for Des Moines, IA shows 659 total incidents across all categories. The most prevalent crime type is Assault (55.2% of all incidents). This is followed by Property Crime at 37.6%. The crime rate in Des Moines, IA is moderate, with violent crimes being more common than property crimes. Residents and visitors should remain aware of their surroundings and take appropriate safety precautions.
Real Estate Market Prediction for - Des Moines, IA
Market predictions for Des Moines, IA show an upward trend in home prices, with values increasing by 2.8%. This suggests a gradual price adjustment in the market. The current median home price in Des Moines, IA is approximately $222,346.939. The stable price trend suggests a balanced market in Des Moines, IA, suitable for both buyers and sellers.
City Hotspots Map
Des Moines, IA features 4 investment hotspots with varying levels of activity. The average nightly rate of $112 suggests an affordable market for travelers. The average rating of 3.8/5 indicates moderate guest satisfaction. The high average hotspot score of 0.81 indicates excellent investment potential in these areas. The area features 41 hotels, offering limited but growing accommodation options.
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Nearby Cities From- Des Moines, IA
West Des Moines, IA
Norwalk, IA
Windsor Heights, IA
Pleasant Hill, IA
Urbandale, IA
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