The story of this market
The typical home in ZIP 50066 sells for about $248,500, or $194 per square foot.
Prices are roughly flat from a year ago (+0.9%), a market in balance. Homes take about 29 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,344 a month.
ZIP 50066 — Derby
The housing market in the 50066 area reflects the broader Des Moines metro trends, characterized by a balanced inventory of approximately 3.4 months. While regional price growth remains modest, demand for entry-level housing continues to support stable valuations. Market activity is currently driven by a steady, albeit cautious, pace of sales.
Median prices moved up 0.9% year over year.
Homes spend a median of 29 days on market with 3.4 months of supply — a fast-moving market.
19% of listings have cut prices · homes sell at 98.9% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 9.4% · poverty 6.8% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 50066
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Iowa) — Iowa Property Tax Assessment Limitation: The taxable value is determined by applying an assessment limitation (rollback) to the assessed market value. The limitation is calculated annually to restrict the growth in aggregate taxable value for the residential class to 3% statewide.
Data retrieved from census.gov and incomebyzipcode.com
- The Brenton Arboretum4.816.2 mi
- Lenon Mill Park4.511.5 mi
- Pattee Park4.36 mi
- The Perry Grand Theater4.66.4 mi
- Jefferson Telecom4.916 mi
- Lenon Mill Park4.511.5 mi
- Pattee Park4.36 mi
- Hy-Vee Grocery Store4.26.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.