First-Time Homebuyers Club
Finding an ideal location is key for any homeowner looking to make their first investment in real estate. Whether you’re looking for a neighborhood that’s close to good schools, desirable amenities or boasts a little bit of history, we’ve got a few to check out as your house hunting gets underway in Greater Des Moines (DSM).
We’ve also rounded up a few first-time homebuyer resources to explore as you consider taking the leap of homeownership in the region. DSM is ready to welcome you wherever you’re at in your journey. If you have questions about the region’s communities and neighborhoods, reach out to an MVP, community members ready to share the ins-and-outs of living in DSM.
Starter Home Communities in Greater Des Moines
From quiet communities to bustling cities, DSM offers a wide range of starter homes across the region, each unique in their own way.
Beaverdale in Des Moines
As one of the largest Des Moines neighborhoods, Beaverdale is a great place for new homeowners. Not only will you enjoy 50 acres of public parkland here, but there are also three public elementary schools and one private school in the area as well as an aquatic center and public library.
Don't Miss: Snookie's Malt Shop, a Beaverdale favorite!
Governor's District in Grimes
Any up-and-coming neighborhood needs someone to believe in it and in Grimes, that support is coming from community members, city leaders and the Iowa Economic Development Authority. The Governor's District is a prime example of what’s possible when communities come together to revitalize historic areas.
With a ton of excitement surrounding the revitalization of this downtown area, this is a location where you can get your foot in the door with Grimes housing. Historic downtown buildings are being assessed and repurposed, while new construction is happening, too, including South Elevation, a 17-unit apartment and townhome project that will break ground in 2025.
Grinnell
In Grinnell, you can find plenty of homes for sale below $200,000, which is great for first-time homebuyers who want an older home with charm or a fixer upper. Dip your toe into Grinnell’s housing market for your first home purchase, and you’ll not only have an affordable home, but also have access to things to do. Catch drinks and games at the Hotel Grinnell lounge or craft beer at the Grinnell Craft Brewhouse. Grinnell also boasts a robust art scene.
Historic Valley Junction in West Des Moines
When you buy in Historic Valley Junction, you can take advantage of several initiatives designed to help revitalize the area, including the Historic West Des Moines Housing Fund. The oldest neighborhood in West Des Moines is also big on community events like the Valley Junction Farmers’ Market, Yoga in the Park and more. The business district in the neighborhood is home to some of DSM’s most popular shops, including Candle Bar DSM, MoMere and Olson-Larsen Galleries, as well as a whole menu of restaurant options.
Indianola
The smaller community of Indianola is a prime place for first-time homebuyers to purchase a home. Indianola is a great choice for those working in Downtown Des Moines (DSM) with a 30-minute commute. Development and expansion in the city are happening all the time, so you’ll feel like you’re living in a place that’s progressing but still has that small-town feel. Indianola High School broke ground on a $100 million renovation project in 2024 and housing development is set to bring almost 500 homes to the area. And did you know that Indianola’s Pickard Park has a world-class disc golf course that has helped turned it into a disc golf destination?
Marshalltown
If you're looking for a small town with big-town amenities, consider Marshalltown! This community ranks highly in quality of life with several parks, trails and community events like Oktemberfest, the Cartwright Downtown Farmers Market and more.
As a first-time homebuyer, it’s not always feasible to buy a brand-new house. That is, unless you choose to live in a newly constructed home in Marshalltown. By doing so, you might qualify for the Make Marshalltown Home incentive program, which offers $10,000 to homebuyers who qualify.
Newton
The residential neighborhood of Fair Meadows is an affordable choice for those interested in living in Newton. Check out homes on E. 23rd St. N, E. 24th St. N, E. 25th St. N and E. 26th St. N as well as N. 5th Ave. E and other surrounding streets. Living here, you’ll be near the Newton Arboretum & Botanical Gardens, a beautiful place to take a minute to enjoy nature wandering six acres of gardens, wetlands and other landscaping — and it’s free to do so!
Pella
For the new homeowner looking for a bit of history and culture, Pella is a community that features both. This Dutch town embraces its heritage through year-round events, including the annual Tulip Time Festival and holiday-inspired Kerstmarkt as well as through its Dutch attractions like the Pella Historical Village, Klokkenspel and Molengracht Plaza and Canal.
Affordable homes along Peace Street, Union Street and are within walking distance from the Downtown Pella District, letting you easily experience Dutch shops and restaurants in your everyday life, too. Check out Ulrich Meat Market, Van Veen Chocolates or grab a pair of Dutch wooden shoes from Pella Hometown Variety.
Windsor Heights
If you’re looking for the ideal abode as a first-time homebuyer, check out the homes for sale around Colby Park in Windsor Heights. Older Tudor-style homes from 65th Street to 69th Street have character and even better, their proximity to events held at Colby Park as well as the nearby Clive Greenbelt Trail makes them a worthwhile investment. Homes are at a price point homebuyers can’t ignore — don’t miss your chance to see what’s available!
First-Time Homebuyer Resources
Buying your first home can be intimidating. That’s why we compiled a few resources to help make the decision that’s right for you.
FirstHome Program
Check out the Iowa Finance Authority’s (IFA’s) FirstHome Program. With this program, first-time homebuyers can access lower interest rates, down payment and closing cost assistance and a free Iowa Title Guaranty Owner’s Certificate. If you’re eligible, the application process begins with contacting an IFA Participating Lender.
Military Homeownership Assistance Program
Specifically designed for veterans and service members, the Military Homeownership Assistance Program provides a $5,000 grant for down payments or closing costs on quality homes. Learn more about eligibility by visiting the Iowa Economic Development & Finance Authority website.
Metro Home Improvement Program
The Metro Home Improvement Program is also available to homebuyers looking for homes in certain DSM cities. The program aims to preserve affordable housing and offers assistance with repairs for things like siding and roofs.
Additional Programs
Not finding a program or service that's right for you? Check out some additional resources below.
Tip: Check out city websites to see if there are additional special assistance or grant programs offered for new homeowners in the area.
Real Estate Agents and Mortgage Lenders
Don’t forget to search real estate agents in DSM who can help you find your perfect neighborhood. The Greater Des Moines Partnership’s directory highlights many realtors and mortgage lenders located across the region that know what each of DSM’s communities has to offer.
Open the Door to Your First Home in DSM
Place the welcome mat and step into your first home in DSM! Request a free relocation guide to learn more about the region or reach out to a MVP with questions.