There are currently 1,967 real estate properties in Polk City, IA, with a median automated valuation model (AVM) price of $316,200.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Polk City, IA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Polk City, IA, is $338,060.00, with the most expensive house in Polk City, IA, topping out at $6,999,700.00 and the cheapest home in Polk City, IA, clocking in at $74,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Polk City, IA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Polk City, IA, is on a rollercoaster ride. The average rent price in Polk City, IA, is $1,940.00. Indeed, when looking to rent in Polk City, IA, you can expect to pay as little as $1,180.00 or as much as $2,840.00, with the average rent median estimated to be $1,920.00. The good news is that finding an affordable and desirable property to rent in Polk City, IA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Polk City, IA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Polk City, IA and much more. Save thousands at closing with home foreclosure listings in Polk City, IA — up to 75% off market value!
Polk City is located in Polk, Iowa, with an estimated municipal population of 4,961 residents. All of the best foreclosed homes for sale in Polk City are located in the following zip code areas on Foreclosure.com: 50226. The estimated population per square kilometer (.62 miles) in Polk City is 376.
So, about how much do homes cost in Polk City? The most recent median value of resident-owned homes in Polk City is 257,030. An estimated 83.5 percent of households in Polk City own their homes, with an average family size of 3.27. The median household income in Polk City is 104,750, with55.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Polk City, the median commute time of resident workers (in minutes) is 26.2. And last, but certainly not least, are you looking for homes to rent in Polk City? If so, the average rent price paid by renters in Polk City is 1,152, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Polk City, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Polk City is 33.9, split between 53.4 percent male versus 46.6 female. The percentage of residents who report being married in Polk City is 68.8, with an average family size of 3.27.
The percentage of residents who report their race in Polk City is as follows:
|Black / African American||0.5%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Polk City? Or maybe you are searching for 55+ active adult communities in and/or near Polk City?
The percentage of residents who report their age in Polk City is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Polk City with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Polk City.
How do you know that living in -- or moving to -- Polk City is right where you need to be? Perhaps you grew up in Polk City or already live nearby; therefore, the decision to buy a home in Polk City is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Polk City for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Polk City:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Polk City.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Polk City can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Polk City, meanwhile, can field multiple offers from more qualified buyers.