What cash buyers have been doing here in the last 12 months.
Data last updated
In Des Moines, investors own about 2,138 tracked properties across 121 active buyers, with a median investor purchase price near $111,000. 432 were acquired in the last 12 months.
The dominant play is value-add / rehab, at 81.3% of tracked activity. Rehab-oriented money rewards deals other buyers pass on, so condition matters less here than margin.
The median investor purchase lands near $111,000. The gap between that median and the $142,000 average is the story here — a few outsized trades, with the real volume well underneath them.
The median investor-owned home was built around 1944. About 81.3% predates 1980, so lead-paint disclosure, older systems and heavier rehab budgets are normal here.
Activity is not spread evenly. ZIPs 50317, 50315 and 50316 are absorbing the most investor purchases in Des Moines, and they are the fastest place to start a buyer list before working outward through the rest of the city.
121 cash buyers are active in Des Moines, and between them they hold about 2,138 properties. That works out to about 3.6 deals per buyer in 12 months. Volume like that comes from professional operators rather than occasional purchasers, and a few names will dominate your pipeline.
Acquisition pace is steady: 432 properties bought in the last 12 months, close to the 423 of the year before. The buyer pool here has held its footing rather than swinging with the headlines.
Counts and prices here are drawn from recorded investor purchases in this city and refresh with new records. They are a record of past activity, not a forecast or investment advice.