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

Housing Market Conditions



Gauge showing Polk County is a seller's market


Difference Since May 2022

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



Based on all homes sold in the last 12 months.

Difference Since May 2022


Key Takeaway

Homes in Polk County have sold for 4.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 $147K$128K
2 $157.3K$169.4K
3 $247.8K$260.3K
4 $338.5K$355K
5+ $463.8K$500.6K

Median Sold Price Compared To Nearby Counties

Jasper County
Story County
Dallas County
Polk County
Warren County

How many homes are available in Polk County, IA?

Number of Homes For Sale

Apr 2023May 2023%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 3433
2 440445
3 1,1461,099
4 806796
5+ 326340

Number of Homes Sold

Apr 2023May 2023%

Asking Price vs. Sold Price

248 Homes Were Sold
Under Asking

202 Homes Were Sold
At Asking

225 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Polk County, you may be able to get a good deal. 36.7% of homes here sold below asking price last month.

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 2022May 2023%
24 Days40 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

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.

What housing markets are near Polk County, IA?

About Polk County, IA

Polk County, IA has 2,713 homes for sale to choose from. In May 2023 in Polk County, IA there were 1.4% less homes for sale than in April 2023. The median list price of listings available in May 2023 was $266,198, while the average time on the real estate market was 40 days. Listing prices have changed in this real estate market between April 2023 and May 2023: 1 bedroom properties became 12.9% more cheaper, 2 bedrooms properties became 7.7% more expensive, 3 bedrooms properties prices increased by 5.1%, prices of 4 bedrooms properties increased by 4.9%, prices of 5 bedrooms properties went up by 7.9%. This housing market inventory have changed: the quantity of 1 bedroom homes went down by 2.9%, number of 2 bedrooms homes increased by 1.1%, the quantity of 3 bedrooms homes went down by 4.1%, 4 bedrooms homes inventory decreased by 1.2%, the quantity of 5 bedrooms homes went up by 4.3%. In May 2023 more than 225 listings in Polk County, IA were sold above the asking price. During the same period more than 202 listings were sold at asking price, while more than 248 were sold below.