West Des Moines, IA50265

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$307,000
2.2% YoY Growth
Median Household Income
$84,600
19.9% 5-Year Growth
Days on Market
48
3.0% Shorter than last year
Home Price Forecast
0.3%
Median Rent
$1,200
11.3% YoY Growth
1-Bed Rent
$875
12.6% YoY Growth
2-Bed Rent
$1,000
21.9% YoY Growth
3-Bed Rent
$1,880
13.1% YoY Growth

Other Zip Codes in West Des Moines, IA

Property Listings — West Des Moines, IA

As of Oct '25, Realtor.com reports that the median days on market for a home in West Des Moines, IA is 48. This is a decrease of -3.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 39.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$337,000-4.0%
Listing Count
1577.0%
Listings as % of Homes0.6%7.0%
Days on Market
48-3.0%
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Demographics — West Des Moines, IA

As of the latest ACS Survey released in 2023, West Des Moines, IA has a population of 33,100, which has increased by 2.9% over the past 5 years. West Des Moines, IA is a moderately popular place for families, as children make up 23.1% of the population. The area has a highly educated workforce, with 48.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.8% reporting working from home.

MetricLatest CensusYoY % Change
Population
33,1002.9%
% Under 18
23.1%-0.9%
% Seniors
16.1%8.1%
% WFH
14.8%279.5%
% w/ College Degree
48.5%-0.4%
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As of the latest ACS Survey released in 2023, West Des Moines, IA is a predominantly white area, with 76.6% of the population identifying as white. The white population has shrunk by 4.2% in the last 5 years. The second most common race or ethnicity in West Des Moines, IA is hispanic, making up 7.2% of the population. Foreign-born residents account for 10.4% of the population in West Des Moines, IA, and this percentage has increased by 2.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
76.6%-4.2%
% Black
4.3%-20.4%
% Hispanic
7.2%-2.7%
% Asian
6.7%24.1%
% Foreign Born
10.4%2.0%
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Mortgage and Risk — West Des Moines, IA

According to HUD data as of 2023, there were 259 mortgage originations in West Des Moines, IA, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in West Des Moines, IA. Investor activity is low, as 7.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
259
% Conventional Loans
90.0%
% Government Loans
10.0%
% Investor Loans
7.0%
% Second Loans
0.0%
% Cash Out Refinance
8.0%

Loan Activity

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Rentals and Section 8 — West Des Moines, IA

As of 2024, the percent of homes in West Des Moines, IA under the Section 8 program is 4.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in West Des Moines, IA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
185
Total Units Section 8
185
% Rentals under Section 8
4.0%
% Occupied Section 8
80.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$115$875$990
2 Bedroom$180$1,000$1,180
3 Bedroom-$300$1,880$1,580
4 Bedroom-$810$2,400$1,590

Affordability — West Des Moines, IA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.3
Median Home Price$307,000
Median Household Income$84,600

West Des Moines, IA — ZIP Code Boundary Map

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Frequently Asked Questions