Housing in Polk City, IA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$378,495

Median List Price

$401,990

Price Per Sq Ft

$263

Days on Market

88

Active Inventory

42

Months of Supply

5.3

Balanced market

Zillow Home Value

$415,228

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 22.3%List Price 14.9%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

25.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

98.3%

Buyer's market

Sold Above Asking
25.0%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
26.2%

Market Activity

Source: Redfin

Homes Sold

8

New Listings

13

Pending Sales

9

Homes Sold 100.0%New Listings 30.0%Pending 47.1%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$263

Median List $/SF

$249

Sale $/SF 6.9%List $/SF 0.4%Mar 24Jan 26

Polk City vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Polk City is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$385,000

Median Rent

$746

Total Housing Units

2,059

Vacancy Rate

1.3%

Owner Occupied

90.0%

Renter Occupied

10.0%

Median Property Tax

$6,390

per year

Monthly Cost (w/ Mortgage)

$2,058

Housing Types

Single Family
92.1%
Multi-Family
7.9%
Mobile Home
0.0%

The current median sale price in Polk City, IA is $378,495 according to Redfin data. Homes spend a median of 88 days on the market. 25.0% of homes sold above asking price. The market has 5.3 months of supply. The median price per square foot is $263. The median rent is $746 per month (Census ACS). About 90.0% of housing units are owner-occupied. The median year homes were built is 2006. There are 2,059 total housing units.