50314, Des Moines, IA

The 50314 zip code of Des Moines, IA has a median home value of $137,000 and a median home equity value of $101,000. The average home size in this zip code is 2 bedrooms and 1 bathroom. This zip code has a lower than average percentage of homeowners with mortgages at 66%. The percentage of homeowners with mortgages is lower than the Iowa state average of 73%. The percentage of homeowners with mortgages who are in foreclosure is also lower than the Iowa state average of 2%.

The 50314 zip code has a higher than average percentage of renters at 33%. The percentage of renters in this zip code is higher than the Iowa state average of 27%. The percentage of renters who are paying more than 30%of their income on rent is also higher than the Iowa state average of 24%.

There are many factors that contribute to home equity and home prices. Some factors that may influence these values include: interest rates, local market conditions, property taxes, and homeowner insurance premiums.