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Hawkeye Reporter

Monday, November 25, 2024

March 2022: Home prices in Polk City fell

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The median sale price of a home sold in March 2022 in Polk City fell by $10,000 while total sales remained unchanged with 13 homes sold, according to BlockShopper.com.

In March 2022, there were 13 homes sold, with a median sale price of $295,000 - a 3.3% decrease over the $305,000 median sale price for the same period of the previous year. There were 13 homes sold in Polk City in March 2021, as well.

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 March 2022.

The following table compares Polk City to other Polk County cities with similar median sale prices in March 2022:

CityMar. 2022 Home SalesMar. 2021 Home Sales% change (Total Home Sales)Mar. 2022 Median Sales PriceMar. 2021 Median Sales Price% change (Median Sales Price)
Granger49-55.6%$366,450$85,000331.1%
Clive817-52.9%$354,300$246,00044%
Elkhart21100%$344,700$82,000320.4%
Grimes3035-14.3%$340,995$250,50036.1%
Bondurant181080%$303,875$234,00029.9%
Polk City13130%$295,000$305,000-3.3%
Ankeny121127-4.7%$281,300$252,00011.6%
Pleasant Hill171330.8%$267,000$185,00044.3%
West Des Moines5683-32.5%$247,450$232,0006.7%
Urbandale4177-46.8%$239,500$225,0006.4%
Altoona2629-10.3%$227,500$225,0001.1%

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