Zillow median home value: $145,700
Month-over-month change: +0.81%
Avg monthly mortgage payment: $707.80
Mortgage payment as % of income: 15%
Unemployment rate: 6.3%
Cost of living: 81.5
For home prices in Des Moines, there have now been six consecutive months of flat or monthly appreciation, with values that are about 20% lower than the national average. In addition, the city has an unemployment rate that is almost half the national average and a low overall cost of living.