Downtown Des Moines Home Prices & Values

$96,500 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • -10.3% 1-year change
  • -0.9% 1-year forecast

The median home value in Downtown Des Moines is $96,500. Downtown Des Moines home values have declined -10.3% over the past year and Zillow predicts they will fall -0.9% within the next year. The median price of homes currently listed in Downtown Des Moines is $257,655. The median rent price in Downtown Des Moines is $735, which is higher than the Des Moines median of $730.

Foreclosures will be a factor impacting home values in the next several years. In Downtown Des Moines 12.2 homes are foreclosed (per 10,000). This is lower than the Des Moines value of 14.3 and also greater than the national value of 4.8

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Relative ZHVI
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Downtown Des Moines Market Overview

Data through May 31, 2014
  • $96,500 ZHVI
  • -0.9% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (May 31, 2015)
  • $257,655 Median listing price
  • No data Median sale price
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Downtown Des Moines Market Health

Data through May 31, 2014
  • 1.5/10 Less healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average of days on Zillow
  • No data Homes with negative equity (18.8% US Avg)
  • No data Delinquent on mortgage (7.2% US Avg)

Homes foreclosed (per 10,000)

12.2 homes(May 31, 2010) Downtown Des Moines
14.3 homes Des Moines
4.8 homes United States
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Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Drake $110,600 Gray's Lake $105,700 Woodland Heights $93,600
Indianola Hills $90,700 River Bend $88,400 Capitol Park $79,400
King Irving $78,800 McKinley School - Columbus Park $77,100 Mondamin Presidential $69,400

Listings & Sales

Data through May 31, 2014
  • $193 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 26.1% Listings with price cut
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Downtown Des Moines Rentals

Data through May 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,034 Downtown Des Moines
$1,005 Des Moines
$1,310 United States
  • 2.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • $735 Rent list price (Apr 30, 2014)
  • No recent data Rent list price / sq ft
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