Is Des Moines, IA 50310 a buyer’s or seller’s market?
Des Moines is a seller’s market. With about 1.9 months of supply and 17% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 62% of U.S. ZIP codes, and #51 of 156 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Des Moines housing market right now
In the three months ending August 31, 2026, 17% of homes in Des Moines, IA 50310 sold above their list price, the typical home went under contract in 13 days and there were 1.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 182 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 25%, homes sold faster (19 days then) and the median sale price fell 1% to $242,395. Overall, Des Moines is less competitive than a year ago, which gives buyers more room.
Within Polk County, homes here sell faster than in 97% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Des Moines ranks #51 of 156 IA ZIP codes with enough sales (score 60 out of 100).
Nearby, buyers who want less competition could look at Sheldahl 50243 (0% sold over asking) or Alleman 50007 (0% sold over asking), while Elkhart 50073 (40% sold over asking) and Runnells 50237 (40% sold over asking) are even more competitive.
Run the numbers for 50310
Nearby markets
Alleman 50007Seller’s market $165 /sq ftAltoona 50009Seller’s market $237 /sq ftAnkeny 50021Seller’s market $229 /sq ftAnkeny 50023Seller’s market $231 /sq ft Browse all markets →Questions about Des Moines real estate
Is Des Moines a buyer’s or seller’s market?
A seller’s market: there were 1.9 months of supply in Des Moines, IA 50310 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Des Moines?
The typical home went under contract in 13 days in the latest three months.
Do homes in Des Moines sell over asking?
17% of homes sold above their original list price, and the typical sale closed at 98.5% of the list price.
What are property taxes in Des Moines?
About 1.68% of a home’s value a year in Polk County, or roughly $6,720 on a $400,000 home.
What is the median home price in Des Moines?
The median sale price was $242,395 in the three months ending August 31, 2026, about $212 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology