According to statistics, the population in Des Moines, IA amounts to 214,778, which shows decline 1% compared to the previous year. The median age of the city’s residents is 34. The average household income is $49,999, shifting growth 4% from the past year, and the average property value in Des Moines, IA growth 3% to $123,300 throughout the year.
|Number Of Employees||110,574|
|Median Property Value||$123,300|
The average household income in Des Moines, IA grew from $48,088 to $49,999 in the past year. This data is an estimate based upon 83,916 households in Des Moines, IA . The chart below presents how household income is distributed in Des Moines, IA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Des Moines, IA shifted from $119,800 to $123,300 throughout the year. The subsequent graph indicates the share of properties in the given price range in Des Moines, IA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Des Moines, IA properties falls in the '$100,000 to $124,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Des Moines, IA compared to median property taxes around the country. The prevalent amount of property taxes in Des Moines, IA equals $3000, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|Studio for sale||$358,962||-3%|
|1 bed for sale||$185,389||+13.6%|
|2 bed for sale||$215,231||+27.8%|
|3 bed for sale||$232,570||-0.8%|
|4+ bed for sale||$318,232||-0.7%|
During Jul 2022, the average price for an apartment in/near Des Moines, IA increased by 8.7% to $258,127.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 13.6% to $185,389. Asking price for 2-bed apartment also increased by 27.8% and a place of this size will now cost you $215,231. A 3-bed apartment goes for $232,570, it decreased by 0.8% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 0.7% and made it down to $318,232.
|Listing Type||Jul||vs Last Month|
|Townhouses for sale||$300,271||-1.6%|
|Apartments for sale||$223,500||-40%|
|Houses for sale||$232,904||-0.2%|
|Condos for sale||$418,256||+47.5%|
|Duplexes for sale||$425,899||+90.9%|
|Land for sale||$340,723||+134%|
|Other for sale||$271,500||-68.1%|
The average cost of an apartment in Des Moines, IA decreased by 40% to $223,500. Price reports demonstrate that house price decreased by 0.2% this month making it up to $232,904. Condos are really in demand in this season. The median price for a condo increased by 47.5%, it’s now available for $418,256. You can now purchase a duplex for just $425,899, duplex price increased by 90.9% this month. The property value of townhouses decreased by 1.6%, you’ll have to spend around $300,271 to get one.