HPI (2025)FHFA
219
Metro Series · Midwest · Rank #85
Home Price History in Des Moines
FHFA all-transactions House Price Index for the Des Moines-West Des Moines, IA metropolitan statistical area — annual data, 1975 through 2025, rebased to 100 in the year 2000.
YoY changeFHFA
+1.6%
5-yr changeFHFA
+41%
Since 2000FHFA
+119%
The Des Moines metropolitan area has FHFA House Price Index data running from 1975 through 2025. The index, rebased to 100 in the year 2000, stood at 31.1 in 1975 and 219.2 in 2025. Cumulative nominal appreciation since 2000: +119.2%.
The 2007–2011 housing crisis cut the Des Moines HPI by 6.3% peak-to-trough — from 128.1 in 2007 to 120.1 in 2012. For context, the U.S. national HPI fell roughly 24% over the same period, so Des Moines was meaningfully less affected than the national average.
The pandemic-era surge brought the Des Moines HPI from 153.4 in 2019 to 219.2 in 2025 — a cumulative +42.9% move in 6 years. Compared to the U.S. national HPI's roughly 50% gain over the same period, Des Moines appreciated roughly in line with the national rate.
Located in the Midwest region of the United States, Des Moines is one of the 100 largest U.S. metropolitan statistical areas by population. Long-run housing appreciation in Des Moines reflects a combination of regional employment trends, in-migration patterns, and local supply constraints. The full year-by-year FHFA HPI for Des Moines is in the data table below.
To compare Des Moines to the national U.S. housing market, see the national median price history dashboard. Other metros in the Midwest region: see the full metro index. For state-level data, see the state index.
Annual data — Des Moines
FHFA House Price Index, 2000=100. Annual data; not seasonally adjusted. Source: U.S. Federal Housing Finance Agency.
| Year | HPI (2000=100) | YoY change |
|---|---|---|
| 2025 | 219.17 | +1.58% |
| 2024 | 215.77 | +4.60% |
| 2023 | 206.29 | +7.39% |
| 2022 | 192.10 | +13.37% |
| 2021 | 169.45 | +8.94% |
| 2020 | 155.54 | +1.42% |
| 2019 | 153.36 | +3.13% |
| 2018 | 148.71 | +4.01% |
| 2017 | 142.97 | +4.96% |
| 2016 | 136.22 | +4.57% |
| 2015 | 130.27 | +3.78% |
| 2014 | 125.52 | +2.97% |
| 2013 | 121.90 | +1.48% |
| 2012 | 120.12 | -0.20% |
| 2011 | 120.36 | -1.47% |
| 2010 | 122.15 | -2.40% |
| 2009 | 125.16 | -1.63% |
| 2008 | 127.24 | -0.70% |
| 2007 | 128.14 | +1.37% |
| 2006 | 126.41 | +2.35% |
| 2005 | 123.51 | +5.18% |
| 2004 | 117.43 | +4.75% |
| 2003 | 112.11 | +2.91% |
| 2002 | 108.94 | +3.39% |
| 2001 | 105.37 | +5.37% |
| 2000 | 100.00 | +5.01% |
| 1999 | 95.23 | +3.89% |
| 1998 | 91.66 | +4.49% |
| 1997 | 87.72 | +3.68% |
| 1996 | 84.61 | +3.71% |
| 1995 | 81.58 | +6.63% |
| 1994 | 76.51 | +5.71% |
| 1993 | 72.38 | +4.66% |
| 1992 | 69.16 | +2.75% |
| 1991 | 67.31 | +3.47% |
| 1990 | 65.05 | +3.83% |
| 1989 | 62.65 | +4.09% |
| 1988 | 60.19 | +2.36% |
| 1987 | 58.80 | +1.31% |
| 1986 | 58.04 | +2.38% |
| 1985 | 56.69 | +6.20% |
| 1984 | 53.38 | +0.39% |
| 1983 | 53.17 | +6.11% |
| 1982 | 50.11 | +2.98% |
| 1981 | 48.66 | -4.98% |
| 1980 | 51.21 | -0.58% |
| 1979 | 51.51 | +11.66% |
| 1978 | 46.13 | +12.48% |
| 1977 | 41.01 | +14.11% |
| 1976 | 35.94 | +15.71% |
| 1975 | 31.06 | — |
Methodology
The FHFA House Price Index is a weighted, repeat-sales index that measures average price changes in repeat sales or refinancings on the same single-family properties. The all-transactions index incorporates both purchase mortgages and refinance appraisals; the index is calibrated to the Midwest census region and rebased to 100 in the year 2000. Coverage begins in 1975 for Des Moines.