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Thursday, November 14, 2024

Polk County home prices rose in the second half of 2022

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Adobe Stock

The median sale price of a home sold in the second half of 2022 in Polk County rose by $4,000 while total sales decreased by 25.9%.

From July through December of 2022, there were 4,378 homes sold, with a median sale price of $224,000 - a 1.8% increase over the $220,000 median sale price for the same period of the previous year. There were 5,905 homes sold in Polk County in the second half of 2021.

The median sales tax in Polk County for the most recent year with available data, 2017, was $3,094 approximately 1.4% of the median home sale price for the second half of 2022.

The following histogram displays changes in median sales prices in Polk County from July 2021 to December 2022.

July - Dec. 2021Jan. - June 2022July - Dec. 2022$220000$220000$219250$219250$224000$224000

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