Polk County, TN Home Values & Market Trends

The median home price in Polk County, TN is $219,699.47. There were 298 home sales in Polk County, TN over the past 12 months. The median residential Polk County, TN home value for transactions over the previous year is $160,000. The number of current listings in Polk County, TN is 35, and the percentage of properties for sale is 35.00%. The county has 4 foreclosures, 2 bank owned properties, 2 headed for auction, and 35 properties for sale.

Polk County, TN Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Copperhill

$ 305,000

$ 174/sqft

Ocoee

$ 460,000

$ 189/sqft

Old Fort

$ 279,900

$ 184/sqft

Farner

$ 335,000

$ 166/sqft

Benton

$ 489,250

$ 182/sqft

Ducktown

$ --

$ --

Turtletown

$ 679,900

$ 168/sqft

Delano

$ --

$ --

Reliance

$ 526,379

$ 197/sqft

Housing Market Summary for Polk County, TN

Apr 2023March 2024Change
Median Listing Price$289.9K$174.9K-39.66%
Median Sold Price$174.6K$174.9K0.16%
Homes For Sale293417.24%
Homes Sold197193-2.03%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Polk County, TN

Polk County, TN home values range from $16,570 to $2,762,883. Reliance is the priciest city with a median listing home price of $715,000, and Old Fort is most affordable with average house prices of around $259,700.

Foreclosure
There are 9 cities within Polk County, TN; within these cities, the median estimated home value for homes in foreclosure ranges from $423,304 in Old Fort to the lowest value of $172,356 in Old Fort. Foreclosure homes account for 0.00% of properties in Polk County, TN with Delano containing 1 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Polk County, TN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 9 cities within Polk County, TN; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Polk County, TN ranges from the highest value of $174,325 in Benton to the lowest value of $174,325 in Delano. Bank owned homes and properties account for 0.03% of properties in Polk County, TN. There are 9 cities within Polk County, TN; Delano containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Old Fort has 1 auction properties, the highest number of properties going to auction in a single city in the state of Polk County, TN. Auction homes and other auction properties account for 0.03% of all properties in Polk County, TN. There are 9 cities within Polk County, TN; of those cities, the median estimated home value for homes going to auction ranges from $172,356 in Copperhill to the lowest value of $172,356 in Copperhill.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.47% of residential properties in Polk County, TN with Copperhill containing 8 homes for sale, the highest number of listed properties in a single city. There are 9 cities within Polk County, TN; homes for sale in those cities, have a range of median values from $879,000 in Turtletown to the lowest value of $59,785 in Copperhill.
    Sold Homes
    The median value for recently sold homes ranges from $463,884 in Ocoee to the lowest price of $22,110 in Ocoee. There are 9 cities within Polk County, TN. Benton has 61 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.38% of properties in Polk County, TN.

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      Guide for Polk County, TN

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      Thriving Des Moines Real Estate Market Shows Robust Growth Through Early 2024
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      Knoxville Real Estate Market Report, April 2024
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      Memphis TN Market Report: Property Values Grow 10% from March 2023 to February 2024
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      Surge in Nashville Real Estate: 2023 Sees Stable Growth and Rising Property Values
      See More Articles
      Thriving Des Moines Real Estate Market Shows Robust Growth Through Early 2024
      Market Reports|posted 1 April 2024

      Des Moines’ real estate market experiences robust upward momentum, with property values increasing despite occasional fluctuations.

      Knoxville Real Estate Market Report, April 2024
      Market Reports|posted 9 April 2024

      The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of March 2024.

      Memphis TN Market Report: Property Values Grow 10% from March 2023 to February 2024
      Market Reports|posted 8 March 2024

      The Memphis real estate market has shown significant growth from March 2023 to February 2024, with property values increasing by about 10% and sale prices also rising. Despite minor fluctuations in property sales and square foot values, the market displays considerable resilience, making Memphis an attractive option for real estate investment.

      Surge in Nashville Real Estate: 2023 Sees Stable Growth and Rising Property Values
      Tennessee|posted 23 January 2024

      Nashville’s real estate market grew significantly during 2023 with consistent rising property values and sold prices

      Recently Listed Homes Polk County, TN

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