46Alpha

Des Moines, IA metro area Housing Market Brief

metro · as of May 2026

Balanced

What is Des Moines, IA metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
-10.843
Inventory Health25%
+10.940
Affordability20%
52
Economic Strength20%
No data
50
Rental Yield15%
45

Where is Des Moines, IA metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Des Moines, IA metro area is classified as Matureholding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.

Des Moines, IA metro area housing market data

MetricValueYoY
Median Sale Price$309K▲ +1%
Median Days on Market36 days▲ +5.9%
Months of Supply2.60%
Homes for Sale3,058-4.8%
Homes Sold1,169-4.1%
Median Price / Sq Ft$215▲ +0.4%
Sale-to-List Ratio98.9%▲ +0.1%

How has Des Moines, IA metro area’s Alpha Score moved?

Now: 46
4-period trend
Median sale price · 12 mo

Markets like Des Moines, IA metro area

Frequently asked questions

Is Des Moines, IA metro area a buyer's or seller's market?

As of May 2026, Des Moines, IA metro area is classified as a Balanced Market, based on its Alpha Score of 46 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Des Moines, IA metro area?

The median sale price in Des Moines, IA metro area is $309K, having risen 1% over the past year.

How affordable is Des Moines, IA metro area?

Des Moines, IA metro area scores 52 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Des Moines, IA metro area's Alpha Score?

Des Moines, IA metro area's strongest dimension is Affordability (52/100) and its weakest is Inventory Health (40/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Des Moines, IA metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.