From January through December of 2017, there were 262 homes sold, with a median sale price of $228,750 - a 15.3% increase over the $198,470 median sale price for the previous year. There were 252 homes sold in Polk City in 2016.
The median sales tax in Polk City for 2017 was $3,800. In 2016, the median sales tax was $3,688. This marks an increase of 3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.7%.
The following table compares Polk City to other Polk County cities with similar median sales prices in 2017:
| City | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Granger | 36 | 43 | -16.3% | $297,450 | $275,000 | 8.2% |
| Johnston | 564 | 595 | -5.2% | $245,000 | $248,800 | -1.5% |
| Clive | 190 | 214 | -11.2% | $239,700 | $230,750 | 3.9% |
| Saylorville | 151 | 86 | 75.6% | $238,020 | $188,375 | 26.4% |
| Polk City | 262 | 252 | 4% | $228,750 | $198,470 | 15.3% |
| Alleman | 13 | 15 | -13.3% | $226,000 | $100,000 | 126% |
| Ankeny | 2,373 | 2,474 | -4.1% | $219,000 | $200,000 | 9.5% |
| Grimes | 601 | 645 | -6.8% | $215,000 | $216,020 | -0.5% |
| Bondurant | 346 | 326 | 6.1% | $214,075 | $210,550 | 1.7% |
| Runnells | 53 | 52 | 1.9% | $206,000 | $166,500 | 23.7% |
| West Des Moines | 878 | 911 | -3.6% | $205,000 | $190,000 | 7.9% |
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