Des Moines-area homebuyers and sellers saw a steadier market in June than many expected for mid-summer. New data show increases in inventory, a jump in closed sales and a higher median sale price, while houses moved a bit faster than they did in May.
Key figures point to a more active summer market
Active listings in the Des Moines metro climbed to 4,263 in June — up 5.2% from June 2025 and 3.2% from May. Closed sales also rose notably year over year, from 1,424 in June 2025 to 1,690 last month — an increase of 18.7%. Compared with May, closed sales were up 17.8%.
- Active listings: 4,263 (up 5.2% YoY; up 3.2% MoM)
- Closed sales: 1,690 (up 18.7% YoY; up 17.8% MoM)
- Median sales price: $319,000 (up 4.6% YoY; up 4.2% MoM)
- Average days on market: 58 days (down 12.1% from May; slightly above June 2025)
What these shifts mean locally
The rise in active listings suggests more supply is coming into the market, offering potential relief for buyers who have faced tight options in recent years. At the same time, the strong increase in closed sales indicates demand remains solid — providing sellers with more opportunities and a faster path to closing.
The median sales price in the metro climbed to $319,000, a modest year-over-year increase that reflects steady value growth without the sharp spikes seen in earlier parts of the last decade. Homes in Des Moines sold in an average of 58 days in June, down from 66 days in May, though still slightly longer than the same month last year (54 days).
Context and consequences for homeowners and buyers
For local homeowners considering listing, rising inventory paired with faster closings could make June an attractive time to move, particularly if the upward pressure on prices continues. Buyers may find more choices on the market, but persistent demand — as reflected in the jump in closed sales — means competition has not disappeared.
These month-to-month and year-to-year movements fit within broader statewide patterns of cautious recovery and adjustment after several years of unusually tight markets. How long this balance of rising listings and strong closings will hold depends on interest rates, broader economic conditions and borrower confidence — factors that affect markets across Iowa as well as in Des Moines.
| Metric | June Value | Change YoY | Change MoM |
|---|---|---|---|
| Active listings | 4,263 | +5.2% | +3.2% |
| Closed sales | 1,690 | +18.7% | +17.8% |
| Median sales price | $319,000 | +4.6% | +4.2% |
| Average days on market | 58 days | — | -12.1% |
Local buyers, sellers and policymakers will be watching whether increased inventory eases upward price pressure or whether steady demand keeps the market competitive. For now, June's data show a Des Moines metro market that's active and adjusting as summer unfolds.
