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Polk City Housing Market Report March 2025•Polk County, Iowa
Housing Prices in Polk City, IA
How much do homes in Polk City, IA cost?
Housing Market Conditions
Is Polk City, IA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Polk City is a Buyer's Market
Difference Since March 2024
Since last year, Polk City has remained a Buyer's Market.
Insight
Polk City is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$418,500$261/SqFt
-$17,000
-3.9%
Based on all homes sold in the last 12 months
Insight
Homes in Polk City have sold for 3.9% less than they did a year ago.
Summary: The median home sold price in Polk City was $418,500 in March 2025, down 3.9% from last year, and the median price per square foot was $261.
Median Sold Price By Cities
| City | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| Madison Township | $401.9K | $409.4K | +1.9% |
| Crocker Township | $324.9K | $328.2K | +1.0% |
| Polk City | $435.5K | $418.5K | -3.9% |
| Lincoln Township | $514.9K | $415K | -19.4% |
Median Sold Price By Bedrooms
| Beds | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $242.5K | $214.9K | -11.4% |
| 33 Bedrooms | $299.9K | $346K | +15.4% |
| 44 Bedrooms | $474K | $470.2K | -0.8% |
| 55+ Bedrooms | $627.5K | $634.9K | +1.2% |
Summary: Polk City housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -11.4%. The home price for 3 bedroom homes increased by +15.4%. The home price for 4 bedroom homes decreased by -0.8%. The home price for 5 bedroom homes increased by +1.2%.
How does Polk City, IA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Polk City, IA
Housing supply in Polk City, IA
How many homes are available in Polk City, IA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 57Last MonthMar 2025 | ||
| 592 months agoFeb 2025 | -3.4 % Change MoMFeb – Mar |
Summary: The Polk City real estate market had 57 homes for sale in Mar 2025, a 3.4 % decrease compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 6Last MonthMar 2025 | ||
| 82 months agoFeb 2025 | -25.0 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 44 Bedrooms | 34 | 33 | -2.9% |
| 22 Bedrooms | 3 | 1 | -66.7% |
| 33 Bedrooms | 11 | 9 | -18.2% |
| 55+ Bedrooms | 11 | 14 | +27.3% |
Summary: Polk City housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -2.9%. The inventory for 2 bedroom homes decreased by -66.7%. The inventory for 3 bedroom homes decreased by -18.2%. The inventory for 5 bedroom homes increased by +27.3%.
Asking Price vs. Sold Price
How much do homes in Polk City, IA cost?
Over Asking Price0 Home
At Asking Price2 Homes
Under Asking Price4 Homes
Insight
If you're buying a home in Polk City, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Polk City in March 2025, down by 25.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and and 0% were sold over asking.
Days on Market for Polk City, IA
How long does it take to sell a home in Polk City, IA?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days2 Homes
Over 90 Days3 Homes
Insight
Most homes in Polk City are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2025, 6 homes were sold in Polk City; 17% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 113 DaysThis YearMar 2025 | ||
| 72 Days1 year agoMar 2024 | +55.3 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Polk City had an average listing age of 113 days in Mar 2025, up by 55.3% compared to the previous year.
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Newest Listings in Polk City, IA
What homes are available in Polk City, IA?
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MLS Disclaimers and Copyright
Based on information from Des Moines MLS, for the period 04/01/2023 - 04/01/2025
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© 2025 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: 4/4/2025, 12:55:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/4/2025, 12:55:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.