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Hawkeye Reporter

Wednesday, November 6, 2024

Altoona home prices fall in the second quarter of 2020

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The median sale price of a home sold in the second quarter of 2020 in Altoona fell by $5,900 while total sales decreased by 2.8%, according to BlockShopper.com.

From April through June of 2020, there were 137 homes sold, with a median sale price of $219,000 - a 2.6% decrease over the $224,900 median sale price for the same period of the previous year. There were 141 homes sold in Altoona in the second quarter of 2019.

The median sales tax in Altoona for the most recent year with available data, 2017, was $3,448, approximately 1.6% of the median home sale price for the second quarter of 2020.

The following table compares Altoona to other Polk County cities with similar median sales prices in the second quarter of 2020:

CityApr. - June 2020 Home SalesApr. - June 2019 Home Sales% change (Total Home Sales)Apr. - June 2020 Median Sales PriceApr. - June 2019 Median Sales Price% change (Median Sales Price)
Bondurant4854-11.1%$231,000$226,7501.9%
West Des Moines217251-13.5%$229,900$220,0004.5%
Pleasant Hill6169-11.6%$219,900$230,000-4.4%
Windsor Heights3341-19.5%$219,900$197,50011.3%
Urbandale154203-24.1%$219,250$219,900-0.3%
Altoona137141-2.8%$219,000$224,900-2.6%
Saylorville1730-43.3%$205,000$237,450-13.7%
Elkhart12850%$196,125$214,000-8.4%
Mitchellville171070%$175,000$134,95029.7%
Des Moines1,2561,2391.4%$150,000$138,0008.7%
Carlisle660%$139,000$114,50021.4%

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