How much is a home worth in ZIP code 50312?

The typical home in 50312 is worth $294,558, based on the Zillow Home Value Index.

Are home values rising in 50312?

Home values in 50312 are up 1.9% over the past year, and up 4.5% a year over five years.

What is the typical rent in 50312?

A typical home in 50312 rents for about $1,297 a month, a gross rental yield of 5.3%.

What is the property tax rate in 50312?

The effective property tax rate in 50312 is 1.8% — roughly $5,432 a year on a typical home.

ZIP code 50312 has a population of 15,802 and a median household income of $92,242.

HousingHandbookReference data

…

U.S. ZIP Code · IA50312

Polk County · Des Moines-West Des Moines, IA

Typical home value

$294,558^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.9%
5-year / yr: +4.5%
10-year / yr: +4.9%

Relative price

vs U.S.: +3.7%
vs metro: +2.9%
vs state: +44.0%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 50312 is worth $294,558 — 2.9% above the Des Moines-West Des Moines, IA median. Over the past year, values have risen 1.9%. Homes here rent for a typical $1,297 a month — a 5.3% gross rental yield. The effective property tax rate is 1.8%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,297^[2]
Gross yield: 5.3%^[2]
Cap rate: 3.2%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 1.8%^[3]
Typical annual tax: $5,432^[3]

#Climate risk

FEMA National Risk Index ratings for Polk County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: Relatively High
Heat wave: Relatively High
Hurricane: Very Low
Tornado: Relatively High
Earthquake: Relatively Low
Winter weather: Relatively High

#Who lives here

Population: 15,802^[3]
Median household income: $92,242^[3]

#Migration

Household moves in and out of Polk County over a year, from IRS tax-return data.

Net migration: +468^[5]
Moved in: 12,860
Moved out: 12,392

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 7
Elementary: 3
Middle: 2
High: 1

Roosevelt High School
High · Grades 9–12 · Des Moines Independent Comm School District
2,039 students
Merrill Middle School
Middle · Grades 6–8 · Des Moines Independent Comm School District
651 students
Callanan Middle School
Middle · Grades 6–8 · Des Moines Independent Comm School District
543 students
Hubbell Elementary
Elementary · Grades K–5 · Des Moines Independent Comm School District
383 students
Hanawalt Elementary
Elementary · Grades K–5 · Des Moines Independent Comm School District
317 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield5.3%

Net yield (after ~40% expenses)3.2%

Annual rent$15,569

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,489

Loan principal$235,646

Down payment$58,912

Total interest paid$300,554

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.69

Monthly cost to own$2,187

Monthly rent$1,297

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 27th percentile^[1]
Rental yield: 59th percentile^[2]
Property tax: 100th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 50312?: The typical home in 50312 is worth $294,558, based on the Zillow Home Value Index.
Are home values rising in 50312?: Home values in 50312 are up 1.9% over the past year, and up 4.5% a year over five years.
What is the typical rent in 50312?: A typical home in 50312 rents for about $1,297 a month, a gross rental yield of 5.3%.
What is the property tax rate in 50312?: The effective property tax rate in 50312 is 1.8% — roughly $5,432 a year on a typical home.
Who lives in 50312?: ZIP code 50312 has a population of 15,802 and a median household income of $92,242.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

50273 vs 50312 →
Winterset, IA
Typical home
$293,807
Gross yield
—
50322 vs 50312 →
Urbandale, IA
Typical home
$293,482
Gross yield
4.4%
50244
Slater, IA
Typical home
$292,556
Gross yield
—
50257
Truro, IA
Typical home
$291,658
Gross yield
—
50047
Carlisle, IA
Typical home
$289,450
Gross yield
3.6%
50139
Lacona, IA
Typical home
$300,930
Gross yield
—

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#Jump to section

U.S. ZIP Code · IA50312

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