Des Moines Housing Market Shows Signs of Spring Despite Winter Chill
The Des Moines area housing market is offering early signals of a strengthening market as we head further into 2026. January saw a median sales price of $295,000, a 4.2% increase from December and 3.5% higher than the same time last year, according to data from the Des Moines Area Association of Realtors.
Inventory and Sales Trends
While winter typically brings a slowdown, inventory levels remain higher than they were a year ago, which is a positive sign. A total of 684 homes were sold in January, a slight uptick from the 675 homes sold during the same period in 2025. December saw a higher volume of sales with 1,066 homes changing hands.
Days on Market – A Slight Increase
Homes are taking slightly longer to sell. The average time on market in January was 68 days, compared to 66 days a year prior. This suggests a potential shift, but remains within a reasonable timeframe.
What This Means for Buyers and Sellers
Scott Steelman, president of the Des Moines Area Association of Realtors, notes that these are “encouraging signals of buyer activity building despite typical winter conditions.” The combination of increasing prices and stable inventory suggests a steady demand, potentially setting the stage for a more active spring market.
Navigating Iowa’s Evolving Home Insurance Landscape
While the housing market shows positive movement, potential homeowners in Iowa should be aware of challenges in the insurance market. A recent report indicates that Iowa’s home insurance market is among the least stable in the US. This could impact affordability and availability of coverage.
The Rise of Longer-Term Mortgages
Nationally, the housing crisis is prompting discussions about alternative mortgage options, including 50-year mortgages. While not yet prevalent in the Des Moines area, this trend reflects a broader search for solutions to make homeownership more accessible. These longer terms could lower monthly payments but significantly increase the total interest paid over the life of the loan.
Frequently Asked Questions
- Is now a good time to buy a home in Des Moines? The market is showing encouraging signs, but it depends on your individual circumstances.
- Are home prices expected to continue rising? Early indicators suggest continued, steady demand, which could lead to further price increases.
- What is impacting Iowa’s home insurance market? The report doesn’t specify the exact reasons, but instability in the market could affect coverage options and costs.
Pro Tip: Work with a local real estate agent and insurance broker to secure the most up-to-date information and personalized advice for your situation.
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