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Sunday, December 22, 2024

How did home prices perform in Polk City during the first half of 2022?

Re 6

The median sale price of a home sold in the first half of 2022 in Polk City rose by $16,340 while total sales decreased by 29.5 percent, according to BlockShopper.com.

From January through June, there were 55 homes sold, with a median sale price of $333,590 - a 5.2 percent increase over the $317,250 median sale price for the same period of the previous year. There were 78 homes sold in Polk City in the first half of 2021.

The median sales tax in Polk City for the most recent year with available data, 2017, was $3,800, approximately 1.1 percent of the median home sale price for the first half of 2022.

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

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median Sales PriceJanuary - June 2021 Median Sales Price% change (Median Sales Price)
Alleman12-50$434,000$309,00040.5
Granger20200$405,530$295,00037.5
Johnston172254-32.3$340,000$313,7508.4
Polk City5578-29.5$333,590$317,2505.2
Grimes174199-12.6$330,000$255,00029.4
Clive73112-34.8$316,000$274,00015.3
Saylorville2338-39.5$295,000$239,55023.1
Ankeny723868-16.7$292,000$255,00014.5
Bondurant87808.8$269,900$247,0009.3
Pleasant Hill1329440.4$268,500$233,50015
Urbandale293348-15.8$261,000$230,00013.5

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