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Hawkeye Reporter

Tuesday, November 26, 2024

Falling home prices in Altoona in December 2020

Realestate3

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Adobe Stock

The median sale price of a home sold in December 2020 in Altoona fell by $3,500 while total sales increased by 18.2%, according to BlockShopper.com.

In December 2020, there were 39 homes sold, with a median sale price of $223,000 - a 1.5% decrease over the $226,500 median sale price for the same period of the previous year. There were 33 homes sold in Altoona in December 2019.

The median sales tax in Altoona for the most recent year with available data, 2017, was $3,448, approximately 1.5% of the median home sale price for December 2020.

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

CityDec. 2020 Home SalesDec. 2019 Home Sales% change (Total Home Sales)Dec. 2020 Median Sales PriceDec. 2019 Median Sales Price% change (Median Sales Price)
Grimes433619.4%$267,000$250,0006.8%
Ankeny1531418.5%$262,000$238,5009.9%
West Des Moines897223.6%$255,000$225,00013.3%
Bondurant181250%$248,500$248,0000.2%
Runnells48-50%$243,750$342,500-28.8%
Mitchellville68-25%$239,250$92,000160.1%
Altoona393318.2%$223,000$226,500-1.5%
Elkhart220%$219,000$187,50016.8%
Urbandale64614.9%$216,750$201,9007.4%
Windsor Heights1014-28.6%$178,065$244,250-27.1%
Des Moines43137215.9%$153,000$132,50015.5%

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