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Hawkeye Reporter

Sunday, May 12, 2024

What happened to the median home price in Des Moines during the first quarter of 2022?

Realestate1

The median sale price of a home sold in the first quarter of 2022 in Des Moines rose by $10,750 while total sales decreased by 0.1%, according to BlockShopper.com.

From January through March of 2022, there were 1,019 homes sold, with a median sale price of $163,000 - a 7.1% increase over the $152,250 median sale price for the same period of the previous year. There were 1,020 homes sold in Des Moines in the first quarter of 2021.

The median sales tax in Des Moines for the most recent year with available data, 2017, was $2,488, approximately 1.5% of the median home sale price for the first quarter of 2022.

The following table compares Des Moines to other Polk County cities with similar median sale prices in the first quarter of 2022:

CityJan. - Mar. 2022 Home SalesJan. - Mar. 2021 Home Sales% change (Total Home Sales)Jan. - Mar. 2022 Median Sales PriceJan. - Mar. 2021 Median Sales Price% change (Median Sales Price)
Ankeny278326-14.7%$279,950$247,75013%
Bondurant372360.9%$265,000$229,90015.3%
Pleasant Hill453818.4%$263,000$200,45031.2%
West Des Moines143201-28.9%$243,000$234,0003.8%
Urbandale120157-23.6%$239,250$217,02010.2%
Windsor Heights282416.7%$223,950$201,25011.3%
Altoona7079-11.4%$221,810$243,500-8.9%
Saylorville1018-44.4%$220,000$207,4506%
Mitchellville12933.3%$182,450$191,000-4.5%
Des Moines1,0191,020-0.1%$163,000$152,2507.1%
Elkhart45-20%$156,500$126,90023.3%

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