Des Moines, Iowa · New Homes

New homes in Des Moines.

Des Moines has emerged as one of the most surprisingly sophisticated mid-sized metros in the Midwest, with Principal Financial Group and multiple insurance and financial-services firms creating a concentration of high-income professional employment in a market where the median home price remains well below the national average, and quality of life consistently exceeds expectations for first-time visitors.

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New construction is most active in Waukee, Ankeny, and Johnston, with homes from $280,000 to $430,000 and strong school-district access in rapidly expanding communities.

Prefer a newly built home in Des Moines? Explore builders and communities on NewUSAHouses.com. For the full picture, see the Iowa new-homes hub.

At a glance

Des Moines market snapshot

Median Home Price

$225,000

Median Rent

$1,000

Market Trend

Stable

Cost of Living Index

88

Local resources

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Why Des Moines

What makes Des Moines different

New Construction

New construction is most active in Waukee, Ankeny, and Johnston, with homes from $280,000 to $430,000 and strong school-district access in rapidly expanding communities.

Why People Move Here

Extreme affordability and Principal Financial and financial services employment and Iowa State University economy and low cost of living and safe communities

Schools

Waukee Community School District and Johnston Community School District consistently rank among Iowa top-performing districts, driving significant premium values in rapidly growing western and northern suburbs.

Top Neighborhoods

West Des Moines, Ankeny, Waukee, Urbandale, Johnston, Altoona, Clive, and Pleasant Hill

Major Employers

Principal Financial Group global headquarters and John Deere financial services campus and Wellmark Blue Cross, Blue Shield, and Iowa State University research enterprise and Amazon fulfillment hub and Wells Fargo home mortgage operations

Local life

Life in Des Moines

Schools

Des Moines Independent Comm School District serves the area — 59 schools, 30,739 students enrolled, per the U.S. Department of Education's Common Core of Data.

City & County Government

Polk County ↗

Polk County's official government site.

Who's building

Top builders active in Des Moines

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Common questions

Des Moines FAQ

Is Des Moines a good place to buy a home?

Des Moines offers exceptional affordability and Principal Financial Group employment and strong suburban school districts and one of lowest unemployment rates.

What is the median home price in Des Moines?

The median home price in Des Moines is approximately $225,000 making it one of the most affordable metros with new construction from high $200,000s.

Which Des Moines suburbs have the most new construction?

Waukee, Ankeny, and Johnston lead Des Moines in new home activity with Hubbell Homes and D.R. Horton running multiple pipelines.

Is Des Moines good for real estate investors?

Des Moines offers accessible entry prices and strong rental demand from insurance and finance workers and Drake and Iowa State students and consistently low vacancy.

What is driving Des Moines housing demand?

Principal Financial and financial services and John Deere and Iowa State University and agricultural technology and Des Moines affordability and low unemployment drive demand.

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