HousingHandbookReference data

U.S. ZIP Code · IA50323

Dallas County · Des Moines-West Des Moines, IA

Typical home value

$455,112[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-1.0%
5-year / yr
+3.9%
10-year / yr
+3.5%

Relative price

vs U.S.
+60.2%
vs metro
+59.0%
vs state
+122.4%
ZIP 50323 location in IA
Location of ZIP 50323 in IA

Price history

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

The typical home in 50323 is worth $455,112 — 59.0% above the Des Moines-West Des Moines, IA median. Over the past year, values have fallen 1.0%. Homes here rent for a typical $1,509 a month — a 4.0% gross rental yield. The effective property tax rate is 1.5%.

#Rent & investment

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

Monthly rent
$1,509[2]
Gross yield
4.0%[2]
Cap rate
2.4%[2]

#Property tax

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

Effective tax rate
1.5%[3]
Typical annual tax
$6,699[3]

#Climate risk

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

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

#Who lives here

Population
17,265[3]
Median household income
$175,944[3]

#Migration

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

Net migration
+933[5]
Moved in
5,347
Moved out
4,414

Schools

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

Public schools
3
Elementary
3
Middle
0
High
0
  • Radiant Elementary School

    Elementary · Grades K–5 · Waukee Comm School District

    789 students

  • Walnut Hills Elementary School

    Elementary · Grades K–5 · Waukee Comm School District

    590 students

  • Webster Elementary School

    Elementary · Grades PK–5 · Urbandale Comm School District

    546 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.

Gross yield4.0%
Net yield (after ~40% expenses)2.4%
Annual rent$18,105

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.

Monthly payment$2,301
Loan principal$364,090
Down payment$91,022
Total interest paid$464,377

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.

Own : rent ratio2.15
Monthly cost to own$3,238
Monthly rent$1,509

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
9th percentile[1]
Rental yield
10th percentile[2]
Property tax
73rd percentile[3]

Frequently asked

How much is a home worth in ZIP code 50323?
The typical home in 50323 is worth $455,112, based on the Zillow Home Value Index.
Are home values rising in 50323?
Home values in 50323 are down 1.0% over the past year, and up 3.9% a year over five years.
What is the typical rent in 50323?
A typical home in 50323 rents for about $1,509 a month, a gross rental yield of 4.0%.
What is the property tax rate in 50323?
The effective property tax rate in 50323 is 1.5% — roughly $6,699 a year on a typical home.
Who lives in 50323?
ZIP code 50323 has a population of 17,265 and a median household income of $175,944.

#Comparable ZIPs

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

  • Clive, IA

    Typical home
    $433,786
    Gross yield
  • Runnells, IA

    Typical home
    $428,953
    Gross yield
  • Polk City, IA

    Typical home
    $427,772
    Gross yield
    4.5%
  • Bevington, IA

    Typical home
    $490,782
    Gross yield
  • Lake Panorama CDP, IA

    Typical home
    $491,729
    Gross yield
  • Ackworth, IA

    Typical home
    $409,991
    Gross yield

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