Fall Housing Market Shines in Des Moines Metro Amid Rising Inventory, Sales

November 11, 2025

The Des Moines metro housing market settled into a typical fall rhythm in October following standout activity in September. Stable sales activity and continued increases in listings, proved to be a balancing force in the metro for buyers and sellers, alike.

“The Des Moines metro continues to carry momentum as we head into fall,” said Eric Webster, President of the Des Moines Metro Area Association of REALTORS®. “Rising inventory and steady home sales provide opportunities for both buyers and sellers looking to jump into the fall market. Des Moines area REALTORS® are positioned to assist those looking for their next home.”

Home inventory across the Des Moines metro increased to 4,519 active listings in October, a jump of 14.8% from the 3,939 active listings of a year ago. Compared to September, inventory increased 2.6% from the 4,403 active listings recorded at that time. 

Home sales remained stable, year-over-year, increasing just 0.09% to 1,155 sales, just one more than the 1,154 recorded in October 2024. The increase is equally marginal month-over-month - a 0.3% increase - from the 1,152 sales of September. 

Pending home sales in Des Moines ended October with 1,148, a 5.6% increase from 1,087 pending sales this time in 2024. Compared month-to-month, pending sales also increased by 2.1% from the 1,124 pending sales in September.

October recorded 59 days on market, an eight day - or 15.7% - increase from both the prior year and month, which each saw 51 days on market. 

Median sales price increased 7.6% compared to last year, jumping from $289,900 to $312,000. The metric represents a 2.3% increase from September’s $305,000 median sales price. 

Of the 1,158 homes financed, conventional financing was used for 776 transactions, or 67% of total home sales in October. Cash financing saw its highest level for the year so far – 234 total homes – making for 20.2% of homes financed. The 83 FHA loans recorded accounted for 7.1% of total transactions this October.