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Hawkeye Reporter

Tuesday, December 24, 2024

Falling home prices in Polk City in October 2021

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The median sale price of a home sold in October 2021 in Polk City fell by $67,500 while total sales increased by 16.7%, according to BlockShopper.com.

In October 2021, there were 14 homes sold, with a median sale price of $295,000 - a 18.6% decrease over the $362,500 median sale price for the same period of the previous year. There were 12 homes sold in Polk City in October 2020.

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 October 2021.

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

CityOct. 2021 Home SalesOct. 2020 Home Sales% change (Total Home Sales)Oct. 2021 Median Sales PriceOct. 2020 Median Sales Price% change (Median Sales Price)
Johnston4349-12.2%$325,000$310,0004.8%
Clive221729.4%$315,000$325,000-3.1%
Grimes2852-46.2%$311,000$251,00023.9%
Ankeny1531474.1%$295,000$240,00022.9%
Polk City141216.7%$295,000$362,500-18.6%
Runnells46-33.3%$292,450$398,100-26.5%
Bondurant1921-9.5%$270,000$234,00015.4%
Saylorville94125%$265,000$225,50017.5%
West Des Moines7883-6%$263,750$229,90014.7%
Windsor Heights1516-6.3%$257,500$165,95055.2%
Urbandale5374-28.4%$255,000$240,0006.3%

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