The story of this market
The typical home in ZIP 50243 sells for about $248,500, or $229 per square foot.
Prices are down 2.6% from a year ago, which gives buyers more room to negotiate. Homes take about 57 days to sell. HUD's fair market rent for a two-bedroom is $1,050 a month.
ZIP 50243 — Sheldahl
The housing market in the Des Moines area, including ZIP 50243, is currently balanced with stable demand and moderate inventory levels. Prices have seen slight year-over-year fluctuations, reflecting a market that is neither aggressively appreciating nor declining. Buyers are finding a competitive environment with homes selling in approximately 57 days.
Median prices moved down 2.6% year over year.
Homes spend a median of 57 days on market with 2.9 months of supply — a fast-moving market.
19% of listings have cut prices · homes sell at 98.9% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 12.7% · poverty 5.1% — a mixed stability profile.
versus the prior ACS vintage
ZCTA 50243
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Iowa) — Iowa Property Tax Assessment Limitation: The taxable value is determined by applying an assessment limitation (rollback) to the assessed market value. The limitation is calculated annually to restrict the growth in aggregate taxable value for the residential class to 3% statewide.
Data aggregated from Des Moines market and Polk County profiles.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.