The housing market in Polk City, IA is booming! The median value of a house in Polk City is $348,800, which is much higher than the US median house value of $338,100. Furthermore, the one year appreciation rate for houses in Polk City is an impressive 13.50%, substantially more than the US average of 8.27%. This indicates that Polk City is a great place for people looking to invest in real estate and secure a great return on their investment.
The median home cost in Polk City is $348,800. Home appreciation the last 10 years has been 68.7%. Home Appreciation in Polk City is up 15.8%.
Average Age of Homes
- The median age of Polk City real estate is 15 years old
The Rental Market in Polk City
- Renters make up 13.0% of the Polk City population
- 0.0% of houses and apartments in Polk City, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.