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Friday, November 15, 2024

How did home prices perform in Polk City during February 2022?

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The median sale price of a home sold in February 2022 in Polk City fell by $43,600 while total sales decreased by 10%, according to BlockShopper.com.

In February 2022, there were nine homes sold, with a median sale price of $249,900 - a 14.9% decrease over the $293,500 median sale price for the same period of the previous year. There were 10 homes sold in Polk City in February 2021.

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 February 2022.

The following table compares Polk City to other Polk County cities with similar median sale prices in February 2022:

CityFeb. 2022 Home SalesFeb. 2021 Home Sales% change (Total Home Sales)Feb. 2022 Median Sales PriceFeb. 2021 Median Sales Price% change (Median Sales Price)
Grimes211910.5%$303,000$225,50034.4%
Ankeny7092-23.9%$290,000$237,97521.9%
Altoona1416-12.5%$283,500$226,50025.2%
Windsor Heights104150%$276,500$223,50023.7%
Clive611-45.5%$260,000$251,0003.6%
Polk City910-10%$249,900$293,500-14.9%
Bondurant11683.3%$242,900$234,7503.5%
West Des Moines3657-36.8%$228,250$227,0000.6%
Urbandale433910.3%$225,000$210,0007.1%
Pleasant Hill11922.2%$222,500$245,000-9.2%
Saylorville4333.3%$207,500$240,000-13.5%

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