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Saturday, November 16, 2024

Polk City home prices rose in Q2

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The median sale price of a home sold in the second quarter of 2022 in Polk City rose by $32,835 while total sales decreased by 36.4 percent, according to BlockShopper.com.

From April through June, there were 28 homes sold, with a median sale price of $370,700 - a 9.7 percent increase over the $337,865 median sale price for the same period of the previous year. There were 44 homes sold in Polk City in the second quarter of 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 the second quarter of 2022.

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

CityApril - June 2022 Home SalesApril - June 2021 Home Sales% change (Total Home Sales)April - June 2022 Median Sales PriceApril - June 2021 Median Sales Price% change (Median Sales Price)
Alleman110$434,000$325,00033.5
Granger12850$428,585$287,74548.9
Saylorville1320-35$415,000$290,00043.1
Polk City2844-36.4$370,700$337,8659.7
Grimes103115-10.4$344,000$273,00026
Johnston102167-38.9$333,885$300,00011.3
Clive4869-30.4$318,250$289,00010.1
Ankeny445542-17.9$299,000$265,00012.8
Urbandale173191-9.4$280,000$243,00015.2
Pleasant Hill875655.4$274,000$253,5008.1
Bondurant5057-12.3$272,450$255,0006.8

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