Johnston, Des Moines, IA50320

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$258,000
2.5% YoY Growth
Median Household Income
$83,700
41.7% 5-Year Growth
Days on Market
63
14.0% Longer than last year
Home Price Forecast
0.5%
Median Rent
$809
7.6% YoY Growth
1-Bed Rent
$653
N/A
2-Bed Rent
$809
0.3% YoY Growth
3-Bed Rent
$1,380
1.9% YoY Growth

Property Listings — Johnston, Des Moines, IA

As of Oct '25, Realtor.com reports that the median days on market for a home in Johnston, Des Moines, IA is 63. This is a increase of 14.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 29.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$270,000-10.0%
Listing Count
9613.0%
Listings as % of Homes0.5%13.0%
Days on Market
6314.0%
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Demographics — Johnston, Des Moines, IA

As of the latest ACS Survey released in 2023, Johnston, Des Moines, IA has a population of 23,900, which has increased by 7.6% over the past 5 years. Johnston, Des Moines, IA is a moderately popular place for families, as children make up 24.7% of the population. The area has a poorly educated workforce, with 24.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.3% reporting working from home.

MetricLatest CensusYoY % Change
Population
23,9007.6%
% Under 18
24.7%-19.3%
% Seniors
10.4%8.3%
% WFH
11.3%222.9%
% w/ College Degree
24.0%34.8%
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As of the latest ACS Survey released in 2023, Johnston, Des Moines, IA is a predominantly white area, with 56.5% of the population identifying as white. The white population has shrunk by 1.6% in the last 5 years. The second most common race or ethnicity in Johnston, Des Moines, IA is hispanic, making up 19.8% of the population. Foreign-born residents account for 15.2% of the population in Johnston, Des Moines, IA, and this percentage has increased by 22.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
56.5%-1.6%
% Black
8.6%-13.1%
% Hispanic
19.8%15.8%
% Asian
13.1%22.4%
% Foreign Born
15.2%22.6%
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Mortgage and Risk — Johnston, Des Moines, IA

According to HUD data as of 2023, there were 423 mortgage originations in Johnston, Des Moines, IA, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Johnston, Des Moines, IA. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
423
% Conventional Loans
85.0%
% Government Loans
15.0%
% Investor Loans
2.0%
% Second Loans
0.0%
% Cash Out Refinance
9.0%

Loan Activity

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Rentals and Section 8 — Johnston, Des Moines, IA

As of 2024, the percent of homes in Johnston, Des Moines, IA under the Section 8 program is 16.0%. This is considered high, suggesting that the neighborhood is heavily 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 Johnston, Des Moines, IA, because HUD payments exceed market rent, while 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
410
Total Units Section 8
376
% Rentals under Section 8
16.0%
% Occupied Section 8
80.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$307$653$960
2 Bedroom$341$809$1,150
3 Bedroom$160$1,380$1,540
4 Bedroom-$650$2,200$1,550

Affordability — Johnston, Des Moines, IA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.8
Median Home Price$258,000
Median Household Income$83,700

Johnston, Des Moines, IA — ZIP Code Boundary Map

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Frequently Asked Questions