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Saturday, November 16, 2024

What happened to the median home price in Des Moines during December 2020?

Realestate4

The median sale price of a home sold in December 2020 in Des Moines rose by $20,500 while total sales increased by 15.9%, according to BlockShopper.com.

In December 2020, there were 431 homes sold, with a median sale price of $153,000 - a 15.5% increase over the $132,500 median sale price for the same period of the previous year. There were 372 homes sold in Des Moines in December 2019.

The median sales tax in Des Moines for the most recent year with available data, 2017, was $2,488, approximately 1.6% of the median home sale price for December 2020.

The following table compares Des Moines to other Polk County cities with similar median sale prices in December 2020:

CityDec. 2020 Home SalesDec. 2019 Home Sales% change (Total Home Sales)Dec. 2020 Median Sales PriceDec. 2019 Median Sales Price% change (Median Sales Price)
Grimes433619.4%$267,000$250,0006.8%
Ankeny1531418.5%$262,000$238,5009.9%
West Des Moines897223.6%$255,000$225,00013.3%
Bondurant181250%$248,500$248,0000.2%
Runnells48-50%$243,750$342,500-28.8%
Mitchellville68-25%$239,250$92,000160.1%
Altoona393318.2%$223,000$226,500-1.5%
Elkhart220%$219,000$187,50016.8%
Urbandale64614.9%$216,750$201,9007.4%
Windsor Heights1014-28.6%$178,065$244,250-27.1%
Des Moines43137215.9%$153,000$132,50015.5%

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