Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$147,927+2.7% YoY · prices are rising
Market right nowBuyer's marketMore homes for sale than last year, 19% have cut their price
Income needed to buy, per year$32,068About 0.5× the local median income ($65,796): affordable for a typical household
Days on market57 daysAbout the same pace as a year ago
The typical home in Des Moines County, IA is worth $147,927, up 2.7% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $154,805, so the area is 4.4% undervalued. It is a buyer's market: homes take about 57 days to sell, listings are up 15% from a year ago, 19% of listings have had a price cut. A household needs about $32,068 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $65,796. Typical rent is $961 a month. In the latest IRS figures, 18 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$147,927
Change in 1 year
+2.7%
Overvalued %
−4.4%
Show 6 more
Fair home value
$154,805
Change in 5 years
+15.5%
Home value to income
2.2×
Monthly mortgage payment (20% down)
$802
Income needed to afford it
$32,068
Property tax rate
1.51%
Rent and investing
Typical rent
$961
Price-to-rent ratio
12.8×
HUD Fair Market Rent, 2 bedrooms
$1,104
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Gross rental yield
7.79%
Cap rate (estimate)
5.07%
Market activity
Listings vs a year ago
+14.6%
Days on market
57
Listings with a price cut
19.1%
Show 3 more
Homes for sale
165
Pending sales per 100 listings
24
Asking price per sq ft
$108
People and jobs
Median household income
$65,796
Population change (1 year)
−0.2%
Unemployment rate
3.1%
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Population
38,077
Income adjusted for cost of living
$78,235
Net moves in (IRS)
−18
Cost of living (US = 100)
84.1
Schools, risk and environment
School rating (1 to 10)
4.2
FEMA hazard risk score (0 to 100)
55.8
Flood risk score
56.0
Show 3 more
Wildfire risk score
42.9
Walkability (1 to 20)
11.6
Road, rail and air noise
52 dB
Questions people ask
Is Des Moines County, IA overvalued?
Home prices in Des Moines County, IA are slightly below what local incomes have historically supported: fair value is about $154,805, so the area is 4.4% undervalued.
Is Des Moines County, IA a buyer's or seller's market?
Des Moines County, IA is a buyer's market: homes take about 57 days to sell, listings are up 15% from a year ago, 19% of listings have had a price cut.
Are home prices going down in Des Moines County, IA?
Home values in Des Moines County, IA are up 2.7% over the last year.
How much do you need to earn to buy a home in Des Moines County, IA?
A household needs about $32,068 a year to afford the typical home in Des Moines County, IA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $65,796.