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Friday, November 15, 2024

Polk City home prices fall in September 2020

Realestate2

The median sale price of a home sold in September 2020 in Polk City fell by $69,205 while total sales increased by 16.7%, according to BlockShopper.com.

In September 2020, there were 21 homes sold, with a median sale price of $250,000 - a 21.7% decrease over the $319,205 median sale price for the same period of the previous year. There were 18 homes sold in Polk City in September 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 September 2020.

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

CitySept. 2020 Home SalesSept. 2019 Home Sales% change (Total Home Sales)Sept. 2020 Median Sales PriceSept. 2019 Median Sales Price% change (Median Sales Price)
Alleman10-$300,000$0-
Granger9650%$294,400$275,7756.8%
Grimes3144-29.5%$272,500$210,50029.5%
Clive241833.3%$266,750$258,7503.1%
Ankeny19116615.1%$260,000$234,00011.1%
Polk City211816.7%$250,000$319,205-21.7%
Windsor Heights880%$241,500$174,25038.6%
Saylorville59-44.4%$241,000$206,00017%
West Des Moines7790-14.4%$238,000$217,2509.6%
Mitchellville49-55.6%$237,950$157,90050.7%
Bondurant201625%$236,500$257,825-8.3%

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