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Des Moines, IA Real Estate


According to census data in the year 2000 there were 85,105 housing units in Des Moines. This represents a 2.2% growth from 83,289 in 1990.

Of those housing units, 84,595 were located in either urbanized areas or urban clusters, and 510 were located in what is classified as a rural area.

Homeownership rate in Des Moines is about 64.7%. Des Moines's vacancy rate, including seasonal lodging, is about 5.4%. Average household size is 2.39 people.

The majority of houses, apartments or condos in Des Moines were built after 1954.

Statistics

Housing Size

Housing Units by Size
Studio Type3.50%
One Bedroom15.70%
Two Bedrooms37.60%
Three Bedrooms32.60%
Four Bedrooms8.90%
Five Bedrooms or more1.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.59
Median year structure was built1951
Median Value of occupied units$81,100
Median Price asked for vacant units$57,500

Rented Homes, Apartments and Condos

Average Household Size2.01
Median year structure was built1964
Median Monthly Rent asked for vacant units$474

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage7.60%
Home Equity Loan8%
Simple Mortgage55.60%
Debt Free28.40%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18.6%