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Hawkeye Reporter

Monday, November 25, 2024

Polk City median home prices rose by 6.4% in 2020

Realestate4

The median sale price of a home sold in 2020 in Polk City rose by $17,550 while total sales increased by 8.4%, according to BlockShopper.com.

From January through December of 2020, there were 193 homes sold, with a median sale price of $290,000 - a 6.4% increase over the $272,450 median sale price for the previous year. There were 178 homes sold in Polk City in 2019.

The median sales tax in Polk City for the most recent year with available data, 2017, was $3,800, approximately 1.3% of the median home sale price for 2020.

The following table compares Polk City to other Polk County cities with similar median sale prices in 2020:

CityJan. - Dec. 2020 Home SalesJan. - Dec. 2019 Home Sales% change (Total Home Sales)Jan. - Dec. 2020 Median Sales PriceJan. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Runnells4249-14.3%$321,250$240,00033.9%
Johnston45039813.1%$295,870$273,0008.4%
Polk City1931788.4%$290,000$272,4506.4%
Granger5657-1.8%$288,740$265,5908.7%
Clive21219011.6%$282,500$256,50010.1%
Saylorville7191-22%$282,000$242,50016.3%
Alleman6520%$273,250$260,0005.1%
Grimes4283958.4%$259,075$247,0004.9%
Ankeny1,8591,7784.6%$246,000$232,5005.8%
Bondurant1961922.1%$235,450$226,5004%
West Des Moines9498817.7%$229,000$217,5005.3%

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