The story of this market
The typical home in ZIP 50398 sells for about $216,870, or $194 per square foot.
Prices are roughly flat from a year ago (+0.9%), a market in balance. Homes take about 29 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,090 a month.
ZIP 50398
The Des Moines housing market shows moderate activity with a median sale price of approximately $217,000. Market conditions remain somewhat competitive with homes selling in about 29 days. Data reflects city-wide metrics as specific ZCTA-level figures for 50398 were not available.
Median prices moved up 0.9% year over year.
Homes spend a median of 29 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
ZCTA 50398, Des Moines, IA
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 sourced from city-level aggregates for Des Moines, IA.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.