What cash buyers have been doing here in the last 12 months.
Data last updated
In Des Moines (50309), investors own about 94 tracked properties across 6 active buyers, with a median investor purchase price near $513,000. 5 were acquired in the last 12 months.
6
Active Cash Buyers
94
Investor-Owned Properties
5
Acquisitions (12 mo)
$513,000
Median Purchase Price
Acquisition Activity
Acquisitions (last 12 mo)5
Acquisitions (last 24 mo)5
Share acquired in last 12 mo5.3%
Average purchase price$1,006,000
New construction (30 days)0
New construction (60 days)0
New construction (90 days)0
New construction investments6
Gated contacts available12
Property Characteristics
Top property typeTownhouse
Most common bed / bath3 bd / 2 ba
Median bedrooms3
Median baths2
Median building size (sqft)1,676
Average building size (sqft)1,727
Median year built2016
Average year built2007
Built before 19806.4%
Investment Strategy Mix
Buy & Hold93.6%
Value-Add / Rehab6.4%
New Construction0.0%
Hottest ZIP codes for investors
50317 · 10650315 · 7750316 · 47
Market read
Reading the 50309 market
Investors here buy at a median of $513,000. The average of $1,006,000 sits well above it, so a tail of higher-priced deals is pulling the mean up — most activity happens below the average, and pricing off the median is the safer read.
Typical construction year on investor-owned property is 2016. Only about 6.4% predates 1980, so the stock skews newer and rehab scopes tend to be lighter.
Across 50309, 6 active buyers account for approximately 94 investor-held properties. Averaging below 0.8 purchases per buyer last year, this is a wide, shallow pool — a numbers game where reach beats depth.
93.6% of tracked activity in 50309 is buy & hold. Hold strategies mean patient money: slower decisions, but the rent roll carries more weight than the flip math.
All figures above reflect recorded transactions in this ZIP code and update as records are processed. Past activity only — nothing here is a forecast or investment advice.