From January through December of 2017, there were 5,171 homes sold, with a median sale price of $125,900 - a 5.4% increase over the $119,500 median sale price for the previous year. There were 4,740 homes sold in Des Moines in 2016.
The median sales tax in Des Moines for 2017 was $2,488. In 2016, the median sales tax was $2,440. This marks an increase of 2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2%.
The following table compares Des Moines to other Polk County cities with similar median sales prices in 2017:
City | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Bondurant | 346 | 326 | 6.1% | $214,075 | $210,550 | 1.7% |
Runnells | 53 | 52 | 1.9% | $206,000 | $166,500 | 23.7% |
West Des Moines | 878 | 911 | -3.6% | $205,000 | $190,000 | 7.9% |
Pleasant Hill | 287 | 297 | -3.4% | $196,500 | $180,000 | 9.2% |
Urbandale | 680 | 713 | -4.6% | $195,000 | $185,000 | 5.4% |
Altoona | 540 | 596 | -9.4% | $193,750 | $180,250 | 7.5% |
Elkhart | 32 | 31 | 3.2% | $178,850 | $143,500 | 24.6% |
Windsor Heights | 134 | 132 | 1.5% | $172,000 | $168,250 | 2.2% |
Mitchellville | 46 | 49 | -6.1% | $141,250 | $128,000 | 10.4% |
Des Moines | 5,171 | 4,740 | 9.1% | $125,900 | $119,500 | 5.4% |
Carlisle | 12 | 12 | 0% | $102,495 | $72,450 | 41.5% |