Is Polk County, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Polk County is a seller's market

Buyer's
Market

Difference Since April 2021

Since last year, Polk County has remained a Seller's Market.

Key Takeaway

Polk County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Polk County, IA cost?

Median Sold Price

$254,039

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$21,974(+9.5%)

Key Takeaway

Homes in Polk County have sold for 9.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 $116.6K$145K
+24.3%
2 $144.9K$155K
+6.9%
3 $224.8K$245.5K
+9.2%
4 $295.6K$333.7K
+12.9%
5+ $411.4K$458.7K
+11.5%

Median Sold Price Compared To Nearby Counties

Dallas County
+18.3%
Story County
+13.6%
Polk County
+9.5%
Warren County
+6.0%
Jasper County
+3.4%

How many homes are available in Polk County, IA?

Number of Homes For Sale

Mar 2022Apr 2022%
2,8642,607-9.0%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 4030
-25.0%
2 548513
-6.4%
3 1,1901,101
-7.5%
4 818708
-13.4%
5+ 268255
-4.9%

Number of Homes Sold

Mar 2022Apr 2022%
827713-13.8%

Asking Price vs. Sold Price

177 Homes Were Sold
Under Asking

217 Homes Were Sold
At Asking

319 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Polk County, you could pay more than the asking price. 44.7% of homes here sold above asking price last month.

Average Sale Time

Apr 2021Apr 2022%
34 Days29 Days-14.5%

Breakdown of Home Sale Times

553 Homes Were Sold
Under 30 Days

77 Homes Were Sold
In 30 - 90 Days

83 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Polk County are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

1336 63rd St, Windsor Heights, IA 50324

1336 63rd St, Windsor Heights, IA 50324

$249,900
1,248 SqFt
4 Bedrooms
~$1,100/mo.*1 Full Bath
#652520Listing Office:
Attain REMLS logo
4118 140th St, Urbandale, IA 50323

4118 140th St, Urbandale, IA 50323

$525,000
2,442 SqFt
4 Bedrooms
~$2,350/mo.*3 Full Baths
#652507Listing Office:
Space SimplyMLS logo
4121 2nd Ave, Des Moines, IA 50313

4121 2nd Ave, Des Moines, IA 50313

$145,000
652 SqFt
2 Bedrooms
~$650/mo.*1 Full Bath
#652518Listing Office:
Huynh Real Estate, LLCMLS logo
672 20th St, Des Moines, IA 50314

672 20th St, Des Moines, IA 50314

$400,000
2,082 SqFt
3 Bedrooms
~$1,800/mo.*1 Full Bath, 1 Partial
#652488Listing Office:
Coldwell Banker Mid AmericaMLS logo
1607 SW Vintage Pkwy, Ankeny, IA 50023

1607 SW Vintage Pkwy, Ankeny, IA 50023

$449,900
1,954 SqFt
3 Bedrooms
~$2,000/mo.*1 Full Bath, 1 Partial
#652383Listing Office:
RE/MAX ConceptsMLS logo
1000 35th St SW, Altoona, IA 50009

1000 35th St SW, Altoona, IA 50009

$289,990
1,272 SqFt
3 Bedrooms
~$1,300/mo.*1 Full Bath
#652515Listing Office:
DRH Realty of Iowa, LLCMLS logo
3799 Village Run Dr Unit 304, Des Moines, IA 50317

3799 Village Run Dr Unit 304, Des Moines, IA 50317

$150,000
1,308 SqFt
2 Bedrooms
~$650/mo.*1 Full Bath, 1 Partial
#652514Listing Office:
Keller Williams Realty GDMMLS logo
1908 17th St SE, Altoona, IA 50009

1908 17th St SE, Altoona, IA 50009

$282,000
1,260 SqFt
3 Bedrooms
~$1,250/mo.*1 Full Bath
#652494Listing Office:
Guardian Real Estate GroupMLS logo
1520 3rd Ave SW, Altoona, IA 50009

1520 3rd Ave SW, Altoona, IA 50009

$279,000
1,565 SqFt
3 Bedrooms
~$1,250/mo.*1 Full Bath
#652430Listing Office:
RE/MAX PrecisionMLS logo
4816 Dakota Dr, West Des Moines, IA 50265

4816 Dakota Dr, West Des Moines, IA 50265

$384,900
2,459 SqFt
4 Bedrooms
~$1,700/mo.*2 Full Baths, 1 Partial
#652257Listing Office:
JLN Realty Company, LLCMLS logo
1909 NE Cypress Cir, Grimes, IA 50111

1909 NE Cypress Cir, Grimes, IA 50111

$345,000
1,251 SqFt
3 Bedrooms
~$1,550/mo.*2 Full Baths
#652416Listing Office:
Realty ONE Group ImpactMLS logo
3833 NE 44th Dr, Des Moines, IA 50317

3833 NE 44th Dr, Des Moines, IA 50317

$245,000
1,440 SqFt
3 Bedrooms
~$1,100/mo.*1 Full Bath
#652481Listing Office:
Smart AvenueMLS logo

About Polk County, IA

Homes for sale in Polk County, IA have reached 2,607. The number of listings in Polk County, IA decreased by 9% between March 2022 and April 2022. In April 2022, listings were on the market for 29 days. During the same period, the median list price in this real estate market was $254,039. From March 2022 through April 2022, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 24.3%, the cost of 2 bedrooms properties went up by 6.9%, 3 bedrooms properties prices increased by 9.2%, 4 bedrooms properties became 12.9% more expensive, the cost of 5 bedrooms properties went up by 11.5%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory decreased by 25%, 2 bedrooms homes became 6.4% less available, 3 bedrooms homes became 7.5% less available, volume of 4 bedrooms homes went down by 13.4%, volume of 5 bedrooms homes went down by 4.9%. While more than 319 listings in Polk County, IA in April 2022 were sold above asking price, there were more than 217 listings sold at asking price, and more than 177 were sold below.

MLS Disclaimers and Copyright

Based on information from Des Moines MLS for the period 05/01/2020 - 05/01/2022

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Des Moines Area Association of Realtors. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2022 Des Moines Area Association of Realtors. All Rights Reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/22/2022, 9:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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