Is Des Moines, IA 50307 a buyer’s or seller’s market?
Des Moines is a buyer’s market. With about 6.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 5% of U.S. ZIP codes, and #152 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, 8% of homes in Des Moines, IA 50307 sold above their list price, the typical home went under contract in 161 days and there were 6.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 25 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 4%, homes sold about as fast and the median sale price fell 11% to $302,369. Overall, Des Moines is more competitive than a year ago, so tougher for buyers.
On our competition score, Des Moines ranks #152 of 156 IA ZIP codes with enough sales (score 12 out of 100).
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Where Des Moines is
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Questions about Des Moines real estate
Is Des Moines a buyer’s or seller’s market?
A buyer’s market: there were 6.8 months of supply in Des Moines, IA 50307 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 161 days in the latest three months.
Do homes in Des Moines sell over asking?
8% of homes sold above their original list price, and the typical sale closed at 96.9% of the list price.
What is the median home price in Des Moines?
The median sale price was $302,369 in the three months ending August 31, 2026, about $214 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