Is Now a Good Time to Buy a House? Insights from Tim Scheib, Des Moines Real Estate Professional with Real Broker

As a real estate professional serving Des Moines and the greater Central Iowa community, I am often asked, “Is now a good time to buy a house?” This question never gets old, because the answer evolves just as quickly as the real estate market itself. The 'best time' to buy depends on a number of factors, and my goal is to provide clear, honest insights so you can make a confident decision.

Market Overview: Des Moines in 2025
Let’s start with the local market. Des Moines continues to be a vibrant real estate environment, marked by steady demand, attractive home prices, and new development projects. Home values have shown resilient growth thanks to our strong job market, affordable lifestyle, and increasing attention from new residents drawn by our community feel and excellent amenities.

Interest Rates & Affordability
Interest rates shape the affordability landscape more than any other factor. In recent months, we've seen moderate interest rate adjustments, but rates remain historically favorable compared to previous decades. Buyers now have the opportunity to lock in competitive rates that make homeownership accessible, even as rates fluctuate. I always recommend consulting with a trusted mortgage advisor for a snapshot of the latest rates, tailored to your credit profile and loan type.

Inventory Trends
One unique characteristic of Des Moines is the balance between available inventory and buyer competition. While many metro markets nationwide struggle with severely restricted inventory, our region typically maintains a healthy selection of homes across price points. However, if you’re searching under $350,000, be prepared for strong competition and occasionally quick decision-making. If you’re flexible on location and property type, you’ll find great opportunities.

Should You Buy Now, or Wait?
Timing is everything, but waiting might not deliver the advantage many expect. Here's why: home prices tend to appreciate over time. If you delay, you could face higher prices in the future and challenge yourself with rising rents. What matters most is your personal timing—finances, career, family needs, and lifestyle goals. If you are ready to commit, today’s market offers multiple advantages, especially for first-time buyers and those relocating to Des Moines.

Negotiation Opportunities in Today’s Market
As the market has cooled somewhat compared to the rapid appreciation seen in 2021-2023, buyers can now enjoy slightly more negotiating power. Sellers are more likely to entertain reasonable offers and even include incentives such as home warranties or help with closing costs. The key is thoughtful negotiation and a well-crafted offer strategy–something I tailor for every client.

Long-Term Value
Ultimately, homeownership builds stability and future wealth. The Des Moines region offers tremendous long-term value thanks to ongoing civic improvements, new restaurants and entertainment, and a welcoming atmosphere. By purchasing now, you set a foundation not only for your future financial health but also for building community and connection.

Personalized Guidance from Tim Scheib
My mission is to simplify the process and advocate for your best interests. Whether it's your first home or your next move, I am here to answer questions, connect you with trusted lenders, and provide expert insight based on local market dynamics. Let’s strategize together to ensure that your home buying journey aligns with your personal goals.

Thinking about taking the next step?
Reach out today for a free consultation! Whether you’re ready to begin or simply want to talk through your situation, I’m here to help.