Is Polk County, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Polk County was a Seller's Market.
Housing Prices in Polk County, MO
How much do homes in Polk County, MO cost?
Median Sold Price
$234,900
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Polk County was $234,900 in April 2024, up 9.4% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $91.7K | $132.5K | +44.4% |
2 Bedrooms | $145.2K | $144.9K | -0.2% |
3 Bedrooms | $214.9K | $235K | +9.4% |
4 Bedrooms | $269.9K | $300K | +11.2% |
5+ Bedrooms | $392.5K | $378.6K | -3.5% |
Summary: Polk County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 44.4%, 2 bedroom homes decreased by 0.2%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 11.2%, and 5+ bedroom homes decreased by 3.5%.
Median Sold Price Compared To Nearby Counties
Hickory County | $150K | $194.9K | +29.9% |
Dade County | $130K | $164K | +26.2% |
Polk County | $214.7K | $234.9K | +9.4% |
Dallas County | $179.4K | $189.9K | +5.9% |
Cedar County | $157.5K | $159.2K | +1.1% |
Housing Supply in Polk County, MO
How many homes are available in Polk County, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
128 | 154 | +20.3% |
Summary: The Polk County real estate market had 154 homes for sale in April 2024, a 20.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 19 | 28 | +47.4% |
3 Bedrooms | 75 | 91 | +21.3% |
4 Bedrooms | 23 | 27 | +17.4% |
5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The Polk County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 47.4%, 3 bedroom homes increased by 21.3%, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 24 | -11.1% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Polk County in April 2024, down by 11.1% month-over-month. Of the 23 sold homes, 39% were sold under asking, 26% were sold at asking, and 35% were sold over asking.
Days on Market for Polk County, MO
How long does it take to sell a home in Polk County, MO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
47 Days | 34 Days | -28.2% |
Summary: Homes in Polk County had an average of 34 days on market in Apr 2024, down by 28.2% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 24 homes were sold in Polk County; 63% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.