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Hawkeye Reporter

Tuesday, November 26, 2024

Rising home prices in Grimes (Polk County) in the first quarter of 2022

Realestate1

The median sale price of a home sold in the first quarter of 2022 in Grimes in Polk County rose by $83,500 while total sales decreased by 16.7%, according to BlockShopper.com.

From January through March of 2022, there were 70 homes sold, with a median sale price of $319,500 - a 35.4% increase over the $236,000 median sale price for the same period of the previous year. There were 84 homes sold in Grimes in the first quarter of 2021.

The median sales tax in Grimes for the most recent year with available data, 2017, was $3,754, approximately 1.2% of the median home sale price for the first quarter of 2022.

The following table compares Grimes to other Polk County cities with similar median sale prices in the first quarter of 2022:

CityJan. - Mar. 2022 Home SalesJan. - Mar. 2021 Home Sales% change (Total Home Sales)Jan. - Mar. 2022 Median Sales PriceJan. - Mar. 2021 Median Sales Price% change (Median Sales Price)
Granger812-33.3%$377,700$320,00018%
Johnston7087-19.5%$356,050$315,00013%
Grimes7084-16.7%$319,500$236,00035.4%
Runnells7540%$310,000$260,00019.2%
Clive2543-41.9%$288,900$246,00017.4%
Polk City2734-20.6%$282,000$271,0004.1%
Ankeny278326-14.7%$279,950$247,75013%
Bondurant372360.9%$265,000$229,90015.3%
Pleasant Hill453818.4%$263,000$200,45031.2%
West Des Moines143201-28.9%$243,000$234,0003.8%
Urbandale120157-23.6%$239,250$217,02010.2%
* This story only considers sales data for the part of Grimes that is in Polk County.

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