The story of this market
The typical home in ZIP 50314 sells for about $308,500, or $229 per square foot.
Prices are roughly flat from a year ago (+1%), a market in balance. Homes take about 57 days to sell. HUD's fair market rent for a two-bedroom is $950 a month.
ZIP 50314 — Des Moines
The housing market in 50314 reflects the broader Des Moines trend of moderate price stability with a balanced inventory. While the median sale price remains accessible compared to national averages, the area is characterized by a high renter population and ongoing urban development. Market activity is driven by steady demand for central city housing and proximity to major regional employers.
This ZIP is well-suited for renters and urban-focused buyers who value proximity to downtown Des Moines and its associated employment and cultural amenities.
Median prices moved up 1.0% year over year.
Homes spend a median of 57 days on market with 3.6 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 8.0% · poverty 40.5% — a mixed stability profile.
versus the prior ACS vintage
ZCTA 50314, Polk County IA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Des Moines reports a violent crime rate of 703 per 100,000 residents and a property crime rate of 3,126 per 100,000, which is higher than most cities reporting to the FBI.
Public schools in the area are part of the Des Moines Independent Community School District, which serves a diverse urban population.
The region experiences seasonal weather extremes including significant precipitation and snowfall, with an average of 22 days per year exceeding 90°F.
The area benefits from its proximity to the Des Moines employment core, with ongoing urban revitalization efforts and infrastructure maintenance supporting the local economy.
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.
Located in central Des Moines, this ZIP offers convenient access to the downtown employment core via major local thoroughfares and public transit corridors.
The area features several local parks including Evelyn Davis Park and Prospect Park, providing green space and recreational opportunities within the urban core.
The rental market is characterized by a high share of renters and significant demand, with pricing trends reflecting the broader Des Moines metropolitan market.
The local economy is anchored by the Des Moines metropolitan area, which features a diverse mix of government, insurance, and financial services employers.
The area is served by the Des Moines metropolitan transit network, providing connectivity to the broader city and regional highway systems.
Urban development in this ZIP is focused on infill projects and the revitalization of historic neighborhoods near the city center.
The Polk County Assessor manages property valuations for the area, utilizing standard assessment practices for residential and commercial parcels.
Parcels in this ZIP are subject to the Des Moines Independent Community School District and standard municipal utility service districts.
Property insurance in the region is influenced by exposure to severe weather events, including wind and storm damage common to central Iowa.
Data retrieved from US Census Bureau ACS 5-year tables for ZCTA 50314.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
A local community park serving the neighborhood.
A public green space located within the ZIP code.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.