Is Des Moines, IA 50313 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Des Moines is a seller’s market. With about 2.8 months of supply and 18% 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.

Competition score56/ 100

More competitive than 58% of U.S. ZIP codes, and #62 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

Months of supply2.8Under 4 months = seller’s market
Sold above original list17.6%Share of sales, last 3 months
Median sale-to-list99.3%Sold price ÷ list price
Median days on market27Listing to accepted offer
Median price per sq ft$187▼ −4.1% vs. last year

The Des Moines housing market right now

In the three months ending August 31, 2026, 18% of homes in Des Moines, IA 50313 sold above their list price, the typical home went under contract in 27 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 76 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 21%, homes sold more slowly (15 days then) and the median sale price fell 8% to $170,426. Overall, Des Moines is less competitive than a year ago, which gives buyers more room.

Within Polk County, homes here sell faster than in 57% of the county’s ZIP codes, and sell more often over asking than in 53%. On our competition score, Des Moines ranks #62 of 156 IA ZIP codes with enough sales (score 56 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.

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 →

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 seller’s market: there were 2.8 months of supply in Des Moines, IA 50313 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 27 days in the latest three months.

Do homes in Des Moines sell over asking?

18% of homes sold above their original list price, and the typical sale closed at 99.3% 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 $170,426 in the three months ending August 31, 2026, about $187 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