Runnells home prices rise in the third quarter of 2020

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The median sale price of a home sold in the third quarter of 2020 in Runnells rose by $68,250 while total sales increased by 25%, according to BlockShopper.com.

From July through September of 2020, there were 15 homes sold, with a median sale price of $330,000 - a 26.1% increase over the $261,750 median sale price for the same period of the previous year. There were 12 homes sold in Runnells in the third quarter of 2019.

The median sales tax in Runnells for the most recent year with available data, 2017, was $3,693, approximately 1.1% of the median home sale price for the third quarter of 2020.

The following table compares Runnells to other Polk County cities with similar median sales prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Runnells151225%$330,000$261,75026.1%
Saylorville2229-24.1%$294,250$229,90028%
Clive785347.2%$286,500$259,00010.6%
Johnston1331219.9%$284,000$265,0007.2%
Polk City57537.5%$283,000$310,790-8.9%
Alleman31200%$276,500$250,00010.6%
Granger211540%$270,000$276,550-2.4%
Grimes123124-0.8%$269,000$253,5006.1%
Ankeny6105569.7%$248,500$232,5006.9%
Bondurant726020%$241,250$236,4502%
West Des Moines2842705.2%$235,000$217,2508.2%

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