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Friday, November 8, 2024

Des Moines median home prices rose by 7.1% in November 2020

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The median sale price of a home sold in November 2020 in Des Moines rose by $30,000 while total sales increased by 9.5%, according to BlockShopper.com.

In November 2020, there were 23 homes sold, with a median sale price of $450,000 - a 7.1% increase over the $420,000 median sale price for the same period of the previous year. There were 21 homes sold in Des Moines in November 2019.

The median sales tax in Des Moines for the most recent year with available data, 2016, was $3,602, approximately 0.8% of the median home sale price for November 2020.

The following table compares Des Moines to other King County cities with similar median sale prices in November 2020:

CityNov. 2020 Home SalesNov. 2019 Home Sales% change (Total Home Sales)Nov. 2020 Median Sales PriceNov. 2019 Median Sales Price% change (Median Sales Price)
Seatac990%$477,000$414,95015%
Covington11837.5%$475,000$441,5007.6%
Seattle (unincorporated)920-55%$470,000$423,90010.9%
Auburn2729-6.9%$470,000$370,00027%
Enumclaw67-14.3%$456,950$355,00028.7%
Des Moines23219.5%$450,000$420,0007.1%
Federal Way2442-42.9%$446,750$419,5006.5%
White Center (unincorporated)5425%$425,000$394,9507.6%
Renton (unincorporated)310-70%$419,995$523,975-19.8%
Tukwila82300%$395,500$450,000-12.1%
Pacific23-33.3%$365,000$319,95014.1%

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