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Saturday, November 16, 2024

Polk City home prices fall in June 2020

Re 4

The median sale price of a home sold in June 2020 in Polk City fell by $19,900 while total sales increased by 29.4%, according to BlockShopper.com.

In June 2020, there were 22 homes sold, with a median sale price of $254,000 - a 7.3% decrease over the $273,900 median sale price for the same period of the previous year. There were 17 homes sold in Polk City in June 2019.

The median sales tax in Polk City for the most recent year with available data, 2017, was $3,800, approximately 1.5% of the median home sale price for June 2020.

The following table compares Polk City to other Polk County cities with similar median sales prices in June 2020:

CityJune 2020 Home SalesJune 2019 Home Sales% change (Total Home Sales)June 2020 Median Sales PriceJune 2019 Median Sales Price% change (Median Sales Price)
Runnells37-57.1%$350,000$168,000108.3%
Johnston55541.9%$325,000$263,50023.3%
Granger38-62.5%$287,000$261,2959.8%
Clive2128-25%$274,000$286,500-4.4%
Grimes3741-9.8%$261,000$260,0000.4%
Polk City221729.4%$254,000$273,900-7.3%
Ankeny2162008%$248,000$246,0000.8%
Windsor Heights1415-6.7%$234,950$200,00017.5%
Pleasant Hill2128-25%$230,000$204,73012.3%
West Des Moines94895.6%$229,200$233,000-1.6%
Urbandale6179-22.8%$229,000$225,0001.8%

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