Des Moines, IA home prices
Typical home $292,513 · +0.5% in a year · income needed $91,300
The Des Moines, IA metro area ranks 335 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +0.5% in a year and +19.2% over five years. With 20% down at 7.11%, the typical home costs about $2,129 a month including 1.68% property tax (Polk County rate).
Mortgage on the typical Des Moines home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $58,503 | $234,010 | $1,574 | $0 | $555 | $2,129 | $91,300 |
| 10% down | $29,251 | $263,261 | $1,771 | $110 | $555 | $2,436 | $104,400 |
| 5% down | $14,626 | $277,887 | $1,869 | $116 | $555 | $2,540 | $108,900 |
| 3.5% down (FHA) | $10,238 | $287,214 | $1,932 | $129 | $555 | $2,617 | $112,100 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.68% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Des Moines area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Polk County, IA | $279,097 | +0.2% | 1.68% |
| Dallas County, IA | $355,003 | -0.5% | 1.41% |
| Warren County, IA | $323,570 | +1.9% | 1.43% |
| Jasper County, IA | $229,091 | +4.2% | 1.41% |
| Madison County, IA | $333,666 | +1.7% | 1.48% |
| Guthrie County, IA | $273,068 | +5.7% | 1.22% |
What can you afford in Iowa on your salary? · Iowa home prices · Salaries in Iowa
Frequently asked questions
How much is a house in Des Moines?
The typical home in the Des Moines, IA metro area is worth $292,513 (Zillow, September 2026).
What salary do you need to buy a house in Des Moines?
About $91,300 a year for the typical home with 20% down at 7.11%.