Is Polk County, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2022
Since last year, Polk County has remained a Seller's Market.
How much do homes in Polk County, IA cost?
Median Sold Price
$266,198
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2022
Median Sold Price By Bedroom Count
# BEDS | May 2022 | May 2023 | % |
---|---|---|---|
1 Bedroom | $147K | $128K | -12.9% |
2 Bedrooms | $157.3K | $169.4K | +7.7% |
3 Bedrooms | $247.8K | $260.3K | +5.1% |
4 Bedrooms | $338.5K | $355K | +4.9% |
5+ Bedrooms | $463.8K | $500.6K | +7.9% |
Median Sold Price Compared To Nearby Counties
Jasper County | $155.9K | $169.9K | +9.0% |
Story County | $249.9K | $264.4K | +5.8% |
Dallas County | $319.4K | $335.4K | +5.0% |
Polk County | $254.9K | $266.1K | +4.4% |
Warren County | $274.5K | $286K | +4.2% |
How many homes are available in Polk County, IA?
Number of Homes For Sale
Apr 2023 | May 2023 | % |
---|---|---|
2,752 | 2,713 | -1.4% |
Homes For Sale By Bedroom Count
# BEDS | Apr 2023 | May 2023 | % |
---|---|---|---|
1 Bedroom | 34 | 33 | -2.9% |
2 Bedrooms | 440 | 445 | +1.1% |
3 Bedrooms | 1,146 | 1,099 | -4.1% |
4 Bedrooms | 806 | 796 | -1.2% |
5+ Bedrooms | 326 | 340 | +4.3% |
Number of Homes Sold
Apr 2023 | May 2023 | % |
---|---|---|
657 | 676 | +2.9% |
Asking Price vs. Sold Price
248 Homes Were Sold
Under Asking
202 Homes Were Sold
At Asking
225 Homes Were Sold
Over Asking
How long does it take to sell a home in Polk County, IA?
How long does it take to sell a home in Polk County, IA?
Average Sale Time
May 2022 | May 2023 | % |
---|---|---|
24 Days | 40 Days | +65.8% |
Breakdown of Home Sale Times
505 Homes Were Sold
Under 30 Days
79 Homes Were Sold
In 30 - 90 Days
92 Homes Were Sold
Over 90 Days