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Featured local agent — Polk City, FL

Sarah Mitchell

CNESRESABR

Compass Real Estate · Polk City, FL

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Polk City, FL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Polk City, FL Housing Market & Real Estate

Buyer's market-23.8% YoY

Housing market overview · Updated monthly ·

$269,900median sale price

How is the Polk City, FL housing market right now?

The median home sale price in Polk City, FL is $269,900, down 23.8% year-over-year. Homes sell in an average of 29 days with 24 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Polk City a buyer's or seller's market?

Buyer's market24.0 months of supply29 avg. days on market

Polk City, FL is currently a buyer's market, based on 24.0 months of supply and homes selling in about 29 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

29

Average pace

Active listings

24

24.0 months supply

Sale-to-list

100.0%

Above asking

What does the Polk City housing market data show?

Current housing market statistics for Polk City, FL
MetricValue
Median sale price$269,900
Median list price$400,000
Year-over-year price change-23.8%
Average days on market29 days
Active inventory24 listings
Months of supply24.0 months
Sale-to-list price ratio100.0%
Median price per sq ft$158/sq ft
Homes sold (latest month)1
New listings (latest month)7
Listings with a price cut29.2%
Market conditionBuyer's market

Source: Redfin · Updated monthly

How much do homes cost in Polk City by property type?

How the Polk City, FL market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Polk City, FL
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$269,900$158/sq ft129 days

Source: Redfin · Updated monthly

The Polk City housing market is currently classified as a buyer's market with a median sale price of $269,900. Prices have fallen 23.8% compared to last year, with homes spending an average of 29 days on market, indicating 24.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 3.2x provides context for how home values compare to local earning capacity.

Market trends

Homes for sale in Polk City

There are currently 24 homes listed for sale in Polk City, Florida. The median listing price is $400K.

Active listings

24

Homes on market

Median list price

$400K

Avg. days on market

29

Days until sale

New this week

7

Newly listed

Price drops:29.2%of listings
Sale-to-list:100.0%

Who lives in Polk City?

Population

2,884

Median income

$83,333/yr

Median age

40.5 years

Owner-occupied

81.9%

College grads

20.0%

Avg commute

33.7 min

Source: U.S. Census Bureau ACS

What are homes worth in Polk City?

Zillow home value

$268,977

Zillow rent index

$1,796/mo

Price-to-rent ratio

12.5x

Price-to-income

3.2x

Source: Zillow Research

What is it like to live in Polk City?

Polk City is a community of approximately 3K residents with a median age of 40.5 years.The median household income is $83,333, which reflects a relatively affluent area with strong earning potential. 20.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 81.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 33.7 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Polk City offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Polk City?

1 schools tracked · 539 students

The largest public schools serving Polk City, FL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

POLK CITY ELEMENTARY SCHOOL

Grades PK-5 · 539 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Polk City, FL?

Want a head-to-head view? Compare Polk City side-by-side with any other U.S. city using our market-comparison tool.

Is Polk City a good real estate investment market?

For investors evaluating Polk City, the price-to-rent ratio of 12.5x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 23.8% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Polk City's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Polk City's median home price.

Frequently asked questions

What is the average home price in Polk City?

The median home sale price in Polk City is $269,900, down 23.8% from last year.

How long do homes stay on market in Polk City?

Homes typically spend 29 days on market before going under contract.

What is the median income in Polk City?

The median household income is $83,333 per year.

Is Polk City a buyer's or seller's market?

With 24.0 months of supply, Polk City is currently a buyer's market.

What is the Zillow home value estimate for Polk City?

The Zillow Home Value Index (ZHVI) for Polk City is $268,977, representing the typical home value in the area.

How much does a single-family home cost in Polk City?

The median single-family home price in Polk City, FL is $269,900 (about $158 per square foot).

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