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Hawkeye Reporter

Monday, November 25, 2024

How did home prices perform in Des Moines during 2020?

Re 9

The median sale price of a home sold in 2020 in Des Moines rose by $12,700 while total sales increased by 6.8%, according to BlockShopper.com.

From January through December of 2020, there were 4,768 homes sold, with a median sale price of $149,700 - a 9.3% increase over the $137,000 median sale price for the previous year. There were 4,466 homes sold in Des Moines in 2019.

The median sales tax in Des Moines for the most recent year with available data, 2017, was $2,488, approximately 1.7% of the median home sale price for 2020.

The following table compares Des Moines to other Polk County cities with similar median sale prices in 2020:

CityJan. - Dec. 2020 Home SalesJan. - Dec. 2019 Home Sales% change (Total Home Sales)Jan. - Dec. 2020 Median Sales PriceJan. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Ankeny1,8591,7784.6%$246,000$232,5005.8%
Bondurant1961922.1%$235,450$226,5004%
West Des Moines9498817.7%$229,000$217,5005.3%
Urbandale6896890%$225,000$217,5003.4%
Altoona4824429%$224,900$226,750-0.8%
Pleasant Hill27423417.1%$224,050$216,7503.4%
Windsor Heights116129-10.1%$198,700$197,5000.6%
Elkhart2430-20%$192,000$211,750-9.3%
Mitchellville645418.5%$185,000$139,50032.6%
Des Moines4,7684,4666.8%$149,700$137,0009.3%
Carlisle201625%$102,500$94,5008.5%

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