Des Moines, IA Real Estate Market Summary – September 7, 2026
The real estate market in Des Moines, IA has seen a total of 255 homes sold in the last month, with an average of about 8.5 homes closing each day. The average days on the market before closing was approximately 16 days, indicating a brisk pace for home transactions in the area.
| Metric | 30 Days |
|---|---|
| Number Sold | 255 |
| Sold Per Day | 8.50 |
| Average SQFT | 1427 |
| Median Sales Price | $227,325 |
| Average Sales Price | $269,913 |
| Average Price Per SQFT | $185 |
| Average Days on Market | 16 |
| Average Year Built | 1949 |
Des Moines, IA Single Family Home Analysis
In the single-family home category, there were 216 homes sold, averaging 7.2 transactions per day. These homes had an average living area of about 1,364 square feet and an average sale price of $271,346.
| Metric | 30 Days |
|---|---|
| Number Sold | 216 |
| Sold Per Day | 7.20 |
| Average SQFT | 1364 |
| Median Sales Price | $225,500 |
| Average Sales Price | $271,346 |
| Average Price Per SQFT | $191 |
| Average Days on Market | 16 |
| Average Year Built | 1947 |
Des Moines, IA Condo & Townhome Analysis
For condo and townhome properties, 25 units sold, with a transaction pace of 0.83 per day. The average living area for these units was around 1,418 square feet, with an average sale price of $244,813.
| Metric | 30 Days |
|---|---|
| Number Sold | 25 |
| Sold Per Day | 1 every 1.20 days |
| Average SQFT | 1418 |
| Median Sales Price | $165,000 |
| Average Sales Price | $244,813 |
| Average Price Per SQFT | $164 |
| Average Days on Market | 14 |
| Average Year Built | 1985 |
Buyer & Seller Analysis
- Homes sold at a pace of 8.5 per day.
- Average days on market was 16 days before closing.
- Average sale price across all segments was $269,913.
- The state does not disclose sale prices; these figures are averages.
- No changes in market velocity since the last report.
Conclusion
Overall, the Des Moines real estate market remains active, with a consistent pace of transactions across various property types. Homebuyers can expect a competitive environment given the average days on market and pricing trends.