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Monday, December 23, 2024

The third quarter of 2021: Home prices in Polk City increased

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The median sale price of a home sold in the third quarter of 2021 in Polk City rose by $68,250 while total sales decreased by 33.3%, according to BlockShopper.com.

From July through September of 2021, there were 38 homes sold, with a median sale price of $351,250 - a 24.1% increase over the $283,000 median sale price for the same period of the previous year. There were 57 homes sold in Polk City in the third quarter of 2020.

The median sales tax in Polk City for the most recent year with available data, 2017, was $3,800, approximately 1.1% of the median home sale price for the third quarter of 2021.

The following table compares Polk City to other Polk County cities with similar median sale prices in the third quarter of 2021:

CityJuly - Sept. 2021 Home SalesJuly - Sept. 2020 Home Sales% change (Total Home Sales)July - Sept. 2021 Median Sales PriceJuly - Sept. 2020 Median Sales Price% change (Median Sales Price)
Polk City3857-33.3%$351,250$283,00024.1%
Granger1121-47.6%$334,470$270,00023.9%
Johnston131133-1.5%$330,900$284,00016.5%
Clive80791.3%$317,500$287,00010.6%
Elkhart105100%$310,750$168,50084.4%
Saylorville24229.1%$295,000$294,2500.3%
Grimes107123-13%$290,000$269,0007.8%
Ankeny533612-12.9%$272,500$248,0009.9%
Pleasant Hill897912.7%$269,000$229,00017.5%
West Des Moines2872870%$265,000$234,90012.8%
Bondurant6372-12.5%$260,000$241,2507.8%

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