Zip 50316 (Des Moines, IA) Housing

Housing in 50316 Des Moines, IA is relatively affordable compared to the national median value. According to statistical analysis, the median value for housing in 50316 is $139,600, which is roughly 41% less than the US median value of $338,100. The US 1 year house appreciation rate is 8.27%, whereas house 1 year appreciation rate in 50316 Des Moines, IA is 11.09%. This suggests that real estate market in 50316 is doing even better than other parts of the country as it has grown at a faster rate over the past 12 months.

The median home cost in Des Moines (zip 50316) is $139,600. Home appreciation the last 10 years has been 72.3%. Home Appreciation in Des Moines (zip 50316) is up 13.1%.

Average Age of Homes

- The median age of Des Moines (zip 50316) real estate is 75 years old

The Rental Market in Des Moines (zip 50316)

- Renters make up 36.7% of the Des Moines (zip 50316) population
- 2.5% of houses and apartments in Des Moines (zip 50316), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Des Moines, Iowa	United States
	6,128.0	139,647,020.0
	81	42
	$139,600	$338,100
	13.1%	16.6%
	42.8%	57.0%
	72.3%	101.1%
	$19.14	$10.98
	$2,069	$2,690
	54.7%	57.4%
	12.3%	11.2%
	33.1%	31.4%
Vacant Housing
	2.5%	1.9%
	0.2%	0.4%
	1.5%	0.7%
	1.1%	0.4%
	0.2%	3.6%
	6.8%	4.1%
Value of Owner-Occupied Housing
	1.5%	2.6%
	1.1%	2.4%
	4.6%	2.8%
	12.3%	3.9%
	22.8%	4.5%
	41.9%	11.3%
	14.0%	13.0%
	0.5%	20.1%
	0.8%	13.6%
	0.0%	8.3%
	0.1%	9.7%
	0.0%	3.9%
	0.4%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.1%	13.6%
	3.1%	13.6%
	6.2%	13.6%
	5.3%	13.2%
	11.3%	14.8%
	6.2%	13.6%
	7.4%	10.0%
	8.4%	4.7%
	49.8%	12.2%

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