Is Des Moines, IA 50395 a buyer’s or seller’s market?
Des Moines is a seller’s market. With about 2 months of supply and 13% 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.
Months of supply2Under 4 months = seller’s market
Sold above original list12.5%Share of sales, last 3 months
Median sale-to-list99.6%Sold price ÷ list price
Median days on market43Listing to accepted offer
Median price per sq ft$123▼ −20.4% vs. last year
Run the numbers for 50395
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology