In May, there were 16 homes sold, with a median sale price of $385,000 - a 13.7 percent increase over the $338,500 median sale price for the same period of the previous year. There were 13 homes sold in Polk City in May 2021.
The median sales tax in Polk City for the most recent year with available data, 2017, was $3,800, approximately one percent of the median home sale price for May.
The following table compares Polk City to other Polk County cities with similar median sale prices in May:
City | May 2022 Home Sales | May 2021 Home Sales | % change (Total Home Sales) | May 2022 Median Sales Price | May 2021 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Alleman | 1 | 0 | - | $434,000 | $0 | - |
Granger | 3 | 3 | 0 | $392,060 | $295,000 | 32.9 |
Polk City | 16 | 13 | 23.1 | $385,000 | $338,500 | 13.7 |
Saylorville | 6 | 4 | 50 | $339,950 | $260,000 | 30.8 |
Grimes | 31 | 32 | -3.1 | $321,500 | $273,300 | 17.6 |
Clive | 15 | 20 | -25 | $313,900 | $285,050 | 10.1 |
Ankeny | 154 | 173 | -11 | $295,000 | $255,000 | 15.7 |
Johnston | 32 | 58 | -44.8 | $291,750 | $260,000 | 12.2 |
Runnells | 4 | 5 | -20 | $279,950 | $249,000 | 12.4 |
Bondurant | 16 | 11 | 45.5 | $277,500 | $275,000 | 0.9 |
Pleasant Hill | 28 | 18 | 55.6 | $274,500 | $250,000 | 9.8 |