Homes Under $500K in Des Moines, IA

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23 of 917 Listings

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Thomas O'Leary

Realty.com

Lic. #B64731100

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New28Active
$188,000
3 bd · 1 ba · 916 sqft
3600 37th Street, Des Moines, IA
Tim Hegwood · PMI Realty Central Iowa
NewOpen house Sun, Nov 8 · 2:00 PM35Active
$284,900
3 bd · 2 ba · 1,136 sqft
6759 NW 6th Drive, Des Moines, IA
Mindy Goldsberry · RE/MAX Revolution
New35Active
$394,900
3 bd · 3 ba · 1,512 sqft
5905 Walnut Hill Drive, Des Moines, IA
Cui Davis · Realty ONE Group Impact

Listing data & MLS disclosures

Des Moines Area Association of REALTORS: IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability.
Listing information ©2026 Des Moines Association of Realtors, Inc®. All Rights Reserved. Last Updated: 2026-11-02 14:36:41 UTC
NoCoast: Listing information provided by NoCoast.

About Homes Under $500K in Des Moines, IA

Homes Under $500K in Des Moines, IA: 917 active listings as of November 2, 2026, 16:44 UTC.

Property types among these 917 listings, by the property type each listing’s MLS reports, spelled as the MLS spells it. Types with fewer than 5 listings, and listings whose MLS reports no type, are not shown, so the shares can total less than 100%.
Property type	Listings	Share
Condominium	138	15.0%
Duplex	9	1.0%
Single Family Residence	5	0.5%

Des Moines housing market

October 2026 · This period is still settling

Selling at 98.4% of asking price

Buyers here are paying below asking. MLS · 192 sales · as of Oct 30, 2026

Homes that sold · County records, as of Oct 20, 2026

Median sale price: $227,750$155,125–$384,000 typical range
Price per sq. ft.: $168
Sales: 222
Paid in cash: 27.5%

Homes on the market · MLS, as of Oct 18, 2026

Median list price: $235,000
Homes for sale: 932

Price trend · Assessor repeat sales, as of Oct 31, 2026

Year-over-year: 11.1%

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 30, 2026

Median home size: 1,350 sq. ft.

Des Moines, IA community profile

Population: 225,190
Median income: $63,598
Housing units: 99,705
People per sq. mi.: 2,106.5
Area: 106.9 sq. mi.

Source: HJN community data

Homes Under $500K in Des Moines, IA

Your local brokerage

Listing data & MLS disclosures

About Homes Under $500K in Des Moines, IA

Des Moines housing market

Homes that sold · County records, as of Oct 20, 2026

Homes on the market · MLS, as of Oct 18, 2026

Price trend · Assessor repeat sales, as of Oct 31, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 30, 2026

Des Moines, IA community profile

Explore Des Moines homes

Listing data & MLS disclosures

Your local brokerage

Your local brokerage

Des Moines, IA community profile

Des Moines housing market

Homes that sold · County records, as of Oct 20, 2026

Homes on the market · MLS, as of Oct 18, 2026

Price trend · Assessor repeat sales, as of Oct 31, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 30, 2026