DES MOINES HOUSING MARKET INFORMATION With 210,381 people, 90,085 houses or apartments, and a median cost of homes of $237,070, house prices in Des Moines are solidly below the national average. Single-family detached homes are the single most common housing type in Des Moines, accounting for 61.60% of the city's housing units. Other types of housing that are prevalent in Des Moines include large apartment complexes or high rise apartments ( 26.68%), duplexes, homes converted to apartments or other small apartment buildings ( 5.08%), and a few row houses and other attached homes ( 3.88%). People in Des Moines primarily live in small (one, two or no bedroom) single-family detached homes. Des Moines has a mixture of owner-occupied and renter-occupied housing. At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Des Moines's housing was primarily built during this period, from the '40s through the '60s. A full 31.40% of the city's housing hails from this era. Other housing ages represented in Des Moines include homes built before 1939 ( 27.78%) and housing constructed between 1970-1999 ( 26.04%). There's also some housing in Des Moines built between 2000 and later ( 14.78%). DES MOINES HOME APPRECIATION RATES Real estate appreciation rates in Des Moines's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.56% during the period. Over the last year, Des Moines appreciation rates have trailed the rest of the nation. In the last twelve months, Des Moines's appreciation rate has been 6.79%, which is lower than appreciation rates in most communities in America. In the latest quarter, 蘑菇视频's data show that house appreciation rates in Des Moines were at 1.62%, which equates to an annual appreciation rate of 6.65%. Relative to Iowa, our data show that Des Moines's latest annual appreciation rate is lower than 80% of the other cities and towns in Iowa. One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Des Moines differ in their investment potential, sometimes by a great deal. Fortunately, you can use 蘑菇视频 to pinpoint the exact neighborhoods in Des Moines - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Des Moines real estate investment or home purchase decisions.