Des Moines, Iowa real estate offers the conveniences of urban living at an affordable price. With an approximate population of 562,000, Des Moines is the largest city in Iowa and seats the state capitol. As the cultural center of Iowa, Des Moines offers a wide variety of attractions for residents and visitors. Des Moines is home to The Civic Center of Greater Des Moines, the Des Moines Metro Opera and Temple for the Performing Arts. The thriving Des Moines economy boosts the value of Iowa real estate. Ranked as one of the "Best Places for Business" by Forbes magazine, Des Moines real estate provides residents with access to prominent companies in the financial, technical and medical industries.
Buying Des Moines, Iowa Real Estate
Des Moines real estate features suburban and urban homes that accommodate all income levels. The average value of Des Moines real estate is in the mid $100's. Approximately 65 percent of the properties purchased in Des Moines are single-family homes that have two or three bedrooms. However, Iowa real estate features a wide selection of town homes and condominiums. Homebuyers can also select newer homes or take advantage of the historic properties that are available. Renters also represent a significant portion of the Iowa real estate market. Nearly 33 percent of Des Moines homes are occupied by renters. Apartment complexes represent 22 percent of the Des Moines, Iowa real estate market.
Real Estate Options in Des Moines
Des Moines, Iowa real estate allows buyers to choose from several distinct neighborhoods. In total, there are 55 neighborhoods represented in the Des Moines real estate market. Beaverdale is recognized as a premier Des Moines neighborhood and offers traditional-style homes that are in close proximity to public schools, community parks, and recreation centers. Beaverdale homes are typically priced in the mid $100's to mid $200's range. The Ingersoll community is in close proximity to downtown attractions and features homes that can accommodate a wide range of incomes.
A recent population boom in Des Moines has increased the demand for Iowa real estate. As a trend, the ethnic makeup of Des Moines is becoming increasingly diverse. The Des Moines, Iowa real estate market also accommodates residents from various income levels and occupations. However, there is a strong upper middle class presence throughout the city. The computer industry is a primary employer of area residents and the percentage of college-educated residents in Des Moines is higher than the national average. The city's booming economy and diverse community contribute to the steady value of Des Moines homes. Iowa real estate is an attractive investment for individuals seeking affordable housing options that can potentially increase in value.