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Saturday, November 16, 2024

The second half of 2020: Home prices in Polk City increased

Realestate2

The median sale price of a home sold in the second half of 2020 in Polk City rose by $9,110 while total sales decreased by 2.9%, according to BlockShopper.com.

From July through December of 2020, there were 99 homes sold, with a median sale price of $318,000 - a 2.9% increase over the $308,890 median sale price for the same period of the previous year. There were 102 homes sold in Polk City in the second half of 2019.

The median sales tax in Polk City for the most recent year with available data, 2017, was $3,800, approximately 1.2% of the median home sale price for the second half of 2020.

The following table compares Polk City to other Polk County cities with similar median sale prices in the second half of 2020:

CityJuly - Dec. 2020 Home SalesJuly - Dec. 2019 Home Sales% change (Total Home Sales)July - Dec. 2020 Median Sales PriceJuly - Dec. 2019 Median Sales Price% change (Median Sales Price)
Runnells2830-6.7%$326,250$261,75024.6%
Polk City99102-2.9%$318,000$308,8902.9%
Johnston26620728.5%$300,000$265,00013.2%
Clive1319833.7%$295,000$259,50013.7%
Saylorville4146-10.9%$290,000$240,00020.8%
Granger373023.3%$289,220$279,2753.6%
Alleman3250%$276,500$328,500-15.8%
Grimes25621121.3%$262,900$249,0005.6%
Ankeny1,08596512.4%$245,600$233,5005.2%
Bondurant1279435.1%$243,000$233,9503.9%
West Des Moines55749113.4%$235,000$220,0006.8%

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