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Sunday, November 17, 2024

Polk City home prices rose in the first quarter of 2022

Realestate5

The median sale price of a home sold in the first quarter of 2022 in Polk City rose by $11,000 while total sales decreased by 20.6%, according to BlockShopper.com.

From January through March of 2022, there were 27 homes sold, with a median sale price of $282,000 - a 4.1% increase over the $271,000 median sale price for the same period of the previous year. There were 34 homes sold in Polk City in the first quarter of 2021.

The median sales tax in Polk City for the most recent year with available data, 2017, was $3,800, approximately 1.3% of the median home sale price for the first quarter of 2022.

The following table compares Polk City to other Polk County cities with similar median sale prices in the first quarter of 2022:

CityJan. - Mar. 2022 Home SalesJan. - Mar. 2021 Home Sales% change (Total Home Sales)Jan. - Mar. 2022 Median Sales PriceJan. - Mar. 2021 Median Sales Price% change (Median Sales Price)
Granger812-33.3%$377,700$320,00018%
Johnston7087-19.5%$356,050$315,00013%
Grimes7084-16.7%$319,500$236,00035.4%
Runnells7540%$310,000$260,00019.2%
Clive2543-41.9%$288,900$246,00017.4%
Polk City2734-20.6%$282,000$271,0004.1%
Ankeny278326-14.7%$279,950$247,75013%
Bondurant372360.9%$265,000$229,90015.3%
Pleasant Hill453818.4%$263,000$200,45031.2%
West Des Moines143201-28.9%$243,000$234,0003.8%
Urbandale120157-23.6%$239,250$217,02010.2%

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