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Hawkeye Reporter

Sunday, November 24, 2024

August 2021: Polk City experienced a 10.2% increase in median home prices

Realestate5

The median sale price of a home sold in August 2021 in Polk City rose by $33,000 while total sales decreased by 13.3%, according to BlockShopper.com.

In August 2021, there were 13 homes sold, with a median sale price of $355,000 - a 10.2% increase over the $322,000 median sale price for the same period of the previous year. There were 15 homes sold in Polk City in August 2020.

The median sales tax in Polk City for the most recent year with available data, 2017, was $3,800, approximately 1.1% of the median home sale price for August 2021.

The following table compares Polk City to other Polk County cities with similar median sale prices in August 2021:

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
Elkhart52150%$480,000$166,500188.3%
Runnells47-42.9%$463,575$380,00022%
Granger220%$392,235$399,950-1.9%
Polk City1315-13.3%$355,000$322,00010.2%
Clive2128-25%$325,000$295,00010.2%
Johnston585016%$322,500$274,00017.7%
Saylorville1011-9.1%$304,000$386,000-21.2%
Grimes2852-46.2%$281,750$267,0005.5%
Bondurant2225-12%$267,000$240,00011.3%
Altoona39375.4%$265,000$243,5608.8%
Ankeny186214-13.1%$264,500$250,0005.8%

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