Property prices for sale in Polk City (Iowa)
The prices in real estate in Polk City, in the Iowa region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Polk City has increased strongly during the last 6 months. In November, the average price per sq.feet was $3,260. In December this price pretty much remained the same at a value of $3,165 per sq.feet. In the following two months the price per sq.feet has increased 107 %, going from $3,212.5 to $3,433 per sq.feet. The price per sq.feet has had a considerable increase of 1170 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $3,322.75 to $38,889.5 during March, and April.
Based upon to the price in Polk City (cities), this has gone up in the last 6 months. The average price for November is $360,420. During December the price had a slight fall till $340,807. During the following two months (January, February) the price has had an average incrementation from $350,613.5 to $398,685.5. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $432,015 they are 22 % more affordable than the average price for Polk City. The properties with the lowest average price have 1 bedroom, Their price is 21 % cheaper than the average. After that we have properties with 2 bedrooms priced at $334,986.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $144 / sq.feet, with an average $32,776 / sq.feet price in Polk City. The properties with the lowest average prices have 1 bedroom. They are 100 % cheaper than the average followed by properties with 2 bedrooms with a price at $144 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $432,015 it is 31 % cheaper than the average price in Polk City. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $299,881 it is 22 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $144 / sq.feet followed by "Apartment" priced at $14,526 / sq.feet. "Apartment" is the cheapest type of property with a $14,526 / sq.feet value followed by "House" with an average price of $144 / sq.feet.
