Polk City, IA

Buyer's market+15.3% YoY

Housing market overview · Updated weekly

$410,000median sale price

Homes sold

4

Last 12 weeks

Days on market

141

Average pace

Active listings

42

10.5 months supply

Sale-to-list

100.5%

Above asking

The Polk City housing market is currently classified as a buyer's market with a median sale price of $410,000. Prices have risen 15.3% compared to last year, with homes spending an average of 141 days on market, indicating 10.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Polk City

There are currently 42 homes listed for sale in Polk City, Iowa. The median listing price is $420K.

Active listings

42

Homes on market

Median list price

$420K

Avg. days on market

141

Days until sale

New this week

12

Newly listed

Price drops:26.2%of listings
Sale-to-list:100.5%

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Frequently asked questions

What is the average home price in Polk City?

The median home sale price in Polk City is $410,000, up 15.3% from last year.

How long do homes stay on market in Polk City?

Homes typically spend 141 days on market before going under contract.

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

With 10.5 months of supply, Polk City is currently a buyer's market.

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