West Des Moines Fringe, Des Moines, IA—50317
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — West Des Moines Fringe, Des Moines, IA
As of Oct '25, the median home price in West Des Moines Fringe, Des Moines, IA is $189,000, with a year-over-year change of 0.6%. This indicates that home prices in West Des Moines Fringe, Des Moines, IA are flat. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $189,000 | 0.6% |
| Single Family | $190,000 | 1.1% |
| Condos | $174,000 | 1.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $110,000 | -2.7% |
2 Bed | $153,000 | 1.3% |
3 Bed | $210,000 | 1.4% |
4 Bed | $249,000 | 2.0% |
| 5 Bed | $311,000 | 2.0% |
% of Housing Stock
Rental Trends — West Des Moines Fringe, Des Moines, IA
As of July '25, Rentcast reports the average rent in West Des Moines Fringe, Des Moines, IA is $1,160, with a year-over-year rent change of -13.4%. Per bedroom, the median rent as of July '25 in West Des Moines Fringe, Des Moines, IA is 1-bedrooms: $877, 2-bedrooms: $996, 3-bedrooms: $1,440, 4-bedrooms: $2,400. The most common rental property sizes in West Des Moines Fringe, Des Moines, IA are 2-bedroom and 3-bedroom, accounting for 47.5% and 30.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,160 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $895 | $877 |
| 2 Bed Rent | $900 | $996 |
| 3 Bed Rent | $1,400 | $1,440 |
| 4 Bed Rent | $2,400 | $2,400 |
% of Rental Stock
Property Listings — West Des Moines Fringe, Des Moines, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in West Des Moines Fringe, Des Moines, IA is 48. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 44.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $226,000 | -1.0% |
Listing Count | 251 | 34.0% |
| Listings as % of Homes | 0.7% | 34.0% |
Days on Market | 48 | 1.0% |
Demographics — West Des Moines Fringe, Des Moines, IA
As of the latest ACS Survey released in 2023, West Des Moines Fringe, Des Moines, IA has a population of 36,700, which has decreased by -3.3% over the past 5 years. West Des Moines Fringe, Des Moines, IA is a popular place for families, as children make up 27.3% of the population. The area has a poorly educated workforce, with 15.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 36,700 | -3.3% |
% Under 18 | 27.3% | 11.9% |
% Seniors | 13.7% | 0.0% |
% WFH | 8.4% | 250.0% |
% w/ College Degree | 15.2% | 6.3% |
As of the latest ACS Survey released in 2023, West Des Moines Fringe, Des Moines, IA is a predominantly white area, with 64.6% of the population identifying as white. The white population has shrunk by 13.3% in the last 5 years. The second most common race or ethnicity in West Des Moines Fringe, Des Moines, IA is hispanic, making up 18.7% of the population. Foreign-born residents account for 12.1% of the population in West Des Moines Fringe, Des Moines, IA, and this percentage has increased by 49.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 64.6% | -13.3% |
% Black | 9.6% | 21.5% |
% Hispanic | 18.7% | 50.8% |
% Asian | 3.0% | 36.4% |
% Foreign Born | 12.1% | 49.4% |
Mortgage and Risk — West Des Moines Fringe, Des Moines, IA
According to HUD data as of 2023, there were 986 mortgage originations in West Des Moines Fringe, Des Moines, IA, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in West Des Moines Fringe, Des Moines, IA. Investor activity is low, as 4.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 986 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — West Des Moines Fringe, Des Moines, IA
As of 2024, the percent of homes in West Des Moines Fringe, Des Moines, IA under the Section 8 program is 13.7%. 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 and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in West Des Moines Fringe, Des Moines, IA, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 623 |
Total Units Section 8 | 564 |
% Rentals under Section 8 | 13.7% |
% Occupied Section 8 | 84.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $35 | $895 | $930 |
| 2 Bedroom | $210 | $900 | $1,110 |
| 3 Bedroom | $90 | $1,400 | $1,490 |
| 4 Bedroom | -$900 | $2,400 | $1,500 |
Affordability — West Des Moines Fringe, Des Moines, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $189,000 |
| Median Household Income | $61,600 |