Is Polk, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Polk is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Polk has remained a Seller's Market.

Key Takeaway

Polk is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Polk, OH

How much do homes in Polk, OH cost?

Median Sold Price

$469,000

$233/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$220,400(+88.7%)

Key Takeaway

Homes in Polk have sold for 88.7% more than they did a month ago.

Summary: The median home sold price in Polk was $469,000 in December 2024, up 88.7% from last month, and the median price per square foot was $233.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $248.6K$469K
+88.7%
4 --
N/A
5+ --
N/A

Summary: Polk housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 88.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Polk, OH

How many homes are available in Polk, OH?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
21-50.0%

Summary: The Polk real estate market had 1 homes for sale in December 2024, a 50.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 21
-50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Polk housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Polk, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Polk in December 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Polk, OH

How long does it take to sell a home in Polk, OH?

Average Sale Time

Nov 2024Dec 2024CHANGE
34 Days68 Days+100.0%

Summary: Homes in Polk had an average of 68 days on market in Dec 2024, up by 100% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Polk has remained consistent over time.

Summary: During December 2024, 1 homes were sold in Polk; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 8 Days Ago

Newest Listings in Polk, OH

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