Median price for residential apartments in West Des Moines, IA as of Nov, 2022.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
260 West Des Moines, IA, USA apartments for sale
West Des Moines
According to statistics, the population in West Des Moines, IA amounts to 62,999, which shows growth 2% compared to the previous year. The median age of the city’s residents is 35. The average household income is $73,764, shifting growth 4% from the past year, and the average property value in West Des Moines, IA growth 4% to $203,300 throughout the year.
| Population | 62,999 |
| Median Age | 35.1 |
| Poverty Rate | 6% |
| Household Income | $73,764 |
| Number Of Employees | 36,446 |
| Median Property Value | $203,300 |
Household Income
The average household income in West Des Moines, IA grew from $70,906 to $73,764 in the past year. This data is an estimate based upon 27,314 households in West Des Moines, IA . The chart below presents how household income is distributed in West Des Moines, IA in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in West Des Moines, IA shifted from $195,500 to $203,300 throughout the year. The subsequent graph indicates the share of properties in the given price range in West 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 West Des Moines, IA properties falls in the '$200,000 to $249,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in West Des Moines, IA compared to median property taxes around the country. The prevalent amount of property taxes in West Des Moines, IA equals $3000, which is less than the national average.
Housing Trends
How much does an apartment cost in West Des Moines, IA, USA
Average apartment sale in West Des Moines: $526,077 (+41.2%)
| Apartment Size | Nov | vs Last Month |
|---|---|---|
| Studio apartments | $1,941,715 | +447% |
| 2-bed apartments | $219,199 | +5.3% |
| 3-bed apartments | $307,520 | -0.9% |
| 4+ bed apartments | $490,116 | -18.8% |
During Nov 2022, the average price for an apartment in/near West Des Moines, IA increased by 41.2% to $526,077.
Asking price for 2-bed apartment also increased by 5.3% and a place of this size will now cost you $219,199. A 3-bed apartment goes for $307,520, it decreased by 0.9% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 18.8% and made it down to $490,116.
| Listing Type | Nov | vs Last Month |
|---|---|---|
| Townhouses for sale | $206,385 | +10.3% |
| Condos for sale | $200,422 | -24.4% |
| Houses for sale | $386,964 | -13.8% |
| Lofts for sale | $465,633 | +125.3% |
| Land for sale | $1,884,551 | +453.1% |
| Other for sale | $3,250,000 | N/A |
Price reports demonstrate that house price decreased by 13.8% this month making it up to $386,964. Condos faced an upward trend these days. The median price for a condo decreased by 24.4%, it’s now available for $200,422. The price dynamics of lofts changed, it increased by 125.3%, the price tag now starts at $465,633. The property value of townhouses increased by 10.3%, you’ll have to spend around $206,385 to get one.