Skip To Content
  • Home
  • Buying-a-home
  • Nine Reasons Why October is the Best Month to Purchase a Home in Iowa

Nine Reasons Why October is the Best Month to Purchase a Home in Iowa


One way to make buying a house easier is starting the process at the right time. In Iowa, housing inventory, mortgage rates, and market trends vary from month to month.

October is a great month to purchase a home in Iowa. I know what you’re thinking, “but it’s starting to get colder, and all my friends are going to Florida for vacation!” I’m here to tell you about all the benefits of buying a home in October.

A house will be less expensive and there is a better selection in October than any other month in the year. For example, if you want to buy a house in Iowa in September, your options will be limited and you’re likely to pay more than in October. If you don’t like Iowa winters, moving to Iowa in the summer when it is already hot and humid will make it even worse. The ideal time to move to Iowa is in the autumn when you can avoid the hot summers and the cold winters.

Buying a home can be a stressful and emotional process. You’ll likely have to spend weeks touring properties, comparing your options and ultimately you’ll end up finding ‘the one’ that’s the right investment for you.

You can make buying a house easier by starting the process at the right time. In Iowa, you can expect housing inventory, mortgage rates, and market trends to vary significantly during each month of the year.

Here are the 9 Reasons why it is better to purchase your home in Iowa. Here are the top reasons why you should buy a home in Des Moines, Iowa, in October.

1.) Housing inventory is low due to it being the end of the season and sellers don’t want their houses to sit empty until spring

October is a great time to make a seasonal change. While most are thinking about the crisp breeze in the fall air, seasonal change can also be applied to real estate. The housing inventory drops off significantly because it’s the end of the season and sellers know that their houses won’t be sitting empty since most people don’t want or can’t buy during the winter.

2.) Demand for houses in October is lower since people tend to be focused on preparing for winter

Fewer homes are viewed during the winter months due to cold temperatures and shorter days. It’s not just that fewer people are out looking for houses, though that’s true, it’s also that sellers who put their homes on the market in November see more drop-off in interested buyers than sellers who brought their houses onto the market in any other month. It makes sense when you think about it, people spend so much time inside during the winter whether because of the weather or due to illness.

3.) Sellers are eager to sell their property

Sellers are motivated to sell their home and they often want to get things settled before the end of the year, completing their move before the holidays. Living “in limbo” for several months can be exhausting and provides another motivating factor.

4.) The Focus is all on you

During prime selling months, everyone involved in real estate transactions tends to be swamped with work. During fall, however, real estate agents, lenders, inspectors, title companies, moving companies, existing homeowners with homes on the market, etc., don’t have as much on their plates. As a result of this less hectic schedule during fall months, their response time is improved and your experience in buying or selling a home in summer won’t be quite as stressful or full of snags.

5.) Needed changes and upgrades may be cheaper

If you are purchasing a home that needs new carpeting, paint, or appliances, buying in the fall may help you save money beyond the purchase price of the home. Many of these items are at their lowest prices in the fall. The savings can add up, leaving you with more cash to cover other expenses.

During the early fall and into the winter months, discounted goods are readily available. To fill that perfect house you just acquired, you may need new beds, rugs, furniture, and more. The best time to secure bargains is in the fall and winter months. Take advantage of this time and create the house of your dreams.

6.) Tax advantages

If you close on your property by the end of the year, you can apply the property taxes you paid with interest or points on a home purchase to offset your income for that entire calendar year. This could be a significant advantage when April rolls around.

7.) Fall weather will reveal more flaws

The gloomy fall and winter months tend to highlight defects, making them ideal for revealing a home’s true colors.

It’s preferable to be aware of the issues in the home before making an offer than to be caught off guard months later. The best time to evaluate a home is while it is raining or snowing because any severe faults are more likely to be revealed.

8.) Home for the holidays

Homeowners don’t just need to sell their homes, they need to do it fast. This creates a window of opportunity for motivated sellers and buyers alike. The majority of home sellers are aware that if they want to be settled in time for the holiday season, they have to close quickly. Buyers can use this time crunch to their advantage. If you’re looking for a new home and know exactly what you’re looking for, this can be the perfect time to buy. These sellers will often list their homes with good-to-great pricing so they can find a closing date as soon as possible.

9.) Virtual Tours & Online Listing

Homebuyers find a broad range of reasons to love a house, but how can you know if it’s the right home for you without taking a tour. Virtual tours and online listings allow any buyer to explore a house from a few clicks away. This means that you may never step foot inside the home, though some still prefer to see homes in person. But even those who choose face-to-face interactions may still enjoy virtual tours as an interesting alternative to all the hectic commotion of an open house.

If you do prefer to walk through a home, you don’t have to go to a crowded open house. Instead, you can have your real estate agent accompany you for a private showing.

BONUS – 10.) Buying a home in October grants you nearly three months of mortgage rates at an all-time low

Mortgage rates are at an all-time low, and it is the best month to purchase your first home. October might seem like the odd time to buy a home since you typically associate fall season with Halloween, pumpkin patches, football season (Go Pack), and the end of summer. But, for those who are interested in purchasing real estate, fall can be one of the best times to buy.

As mortgage rates hover just above their all-time low, and transaction and closing costs are at their lowest point in years, now is the time to find that new home.

Are you READY to buy a home in Des Moines, Iowa? If you are, let the dsmSOLD Team be your guide. This experienced team is made up of Agents who are focused on YOU and your needs. They live, work, and play in this great area just like you do. They can tell you whether it’s the right time to buy and where the hottest markets are in the area.

Trackback from your site.

Leave a Reply