AffordWhat

Can You Afford a Home in Des Moines, WA?

A typical home in Des Moines is worth $607,792, down 0.9% over the past year. That is $246K below the King County typical of $853,410.

Income needed — 20% down $137,000 $3,758/mo, plus $121,558 down
Income needed — zero down (VA) $164,000 $4,504/mo, about $15,195 at closing

Assumes housing costs stay at 33% of gross income — the sustainable middle, not the maximum a lender would approve. A typical home in Des Moines costs $607,792. Rates as of 5 September 2026; they move weekly and your quote will differ.

What each income level buys in King County

Prices below are what keeps housing at 33% of gross income, using King County’s 0.83% effective property tax rate. The Conventional column assumes 20% down; the zero-down columns finance the funding fee into the loan.

Household incomeConventionalVAZero-down CUFHA
$75,000$318,000$263,000$241,000$257,000
$100,000$436,000$360,000$330,000$352,000
$125,000$553,000$457,000$419,000$447,000
$150,000$670,000$554,000$508,000$542,000
$200,000$905,000$748,000$687,000$732,000

How Des Moines compares to nearby towns

TownTypical homeYear over yearIncome needed
Tukwila $578,581-0.7% $130,000
Seatac $589,243-0.5% $133,000
Federal Way $598,030-0.7% $135,000
Des Moines (this page) $607,792-0.9% $137,000
Auburn $609,464-0.4% $137,000
Burien $643,360-0.6% $144,000
Kent $647,138-1.3% $145,000

If Des Moines is out of reach, Tukwila, Seatac, Federal Way sit lower in the same county — same commute shed, same schools district-by-district, less money.

What this does not tell you

These are typical values, not listings. Half the homes in Des Moines sell for less than $607,792, and condos and townhomes sit well below it. Property tax is a county-wide effective rate, so your parcel will differ. Insurance is a state average. Run your own numbers with your own quote before you take any of this as settled.

Open the calculator for Des Moines