Housing · Polk

Polk, MO housing market

The typical Polk home is worth about $176,000, up 14.6% in a year, 34% below the Missouri typical home.

Home values, sales, trends and how Polk compares with the towns next door — updated as new data is published.

The market right now

Polk at a glance

Typical home value
$176K
▲ 14.6% in a year · Zillow
Ten-year trend

Typical home value, 2023–2026

PolkMissouri
$150K$175K$200K$225K$250K$275K 20242026 Polk $176K Missouri $268K
Show as a table
JanuaryPolkMissouri
2024$162,000$247,000
2025$165,000$258,000
2026$169,000$263,000
August 2026$176,000$268,000
New construction

38 new homes permitted in 2025

Builders were permitted 38 new homes in Polk in 2025, all single-family houses, worth about $8.6 million to build. That's 2.7 per 1,000 residents, slower than across Missouri (3.7). Over the past 10 years, Polk has permitted 273 homes in all.

New homes, 2025
38
▼ 5% vs 2024
2026 so far
27
Jan–Aug · ▲ 4% vs last year
Per 1,000 residents
2.7
Missouri: 3.7
Single-family
100%
of 2025’s new homes
Single-familyTwo or more homes per building2026 so far
050100150 2003: 101 homes (27 single-family, 74 in buildings with 2+ homes) 2003 2004: 19 homes 2005: 13 homes 2005 2006: 20 homes 2007: 15 homes 2008: 11 homes 2009: 9 homes 2010: 8 homes 2010 2011: 8 homes 2012: 9 homes 2013: 9 homes 2014: 9 homes 2015: 10 homes 2015 2016: 10 homes 2017: 11 homes 2018: 11 homes 2019: 27 homes 2020: 30 homes 2020 2021: 34 homes 2022: 36 homes 2023: 36 homes 2024: 40 homes 2025: 38 homes 2025 2026 so far: 27 homes

Homes vs. people, 2010–2020

Residents−1,577
New homes+112

Between the 2010 and 2020 censuses, Polk's population fell by 1,577 even though 112 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Missouri: 1.1 new residents per new home.

Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.

Show as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)27270$6.1 million
202538380$8.6 million
202440400$9 million
202336360$8.1 million
202236360$8.1 million
202134340$7.7 million
202030300$6.8 million
201927270$6.1 million
201811110$2.1 million
201711110$2.1 million
201610100$1.9 million
201510100$1.9 million
2014990$1.7 million
2013990$1.7 million
2012990$1.7 million
2011880$1.5 million
2010880$1.5 million
2009990$1.7 million
200811110$2.1 million
200715150$2.9 million
200620200$3.8 million
200513130$2.5 million
200419190$3.4 million
20031012774$6.3 million

Polk's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.

How Polk ranks on new homes being built →

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.

Affordability

3.1 years of income

The typical Polk home costs about 3.1 years of the town's median household income, less than across Missouri (3.8 years).

How Polk ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
53.7%
Missouri: 68.1%
Median tax bill
$1,581
Missouri: $1,948
Median rent
$798
Missouri: $1,033
Typical home built
1981
Missouri: 1978

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $910

HUD's Fair Market Rent for a two-bedroom in Polk is $910 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Polk pay a median of $798, so moving in tends to cost more than staying put. A two-bedroom takes about 19% of the town's median household income.

1 bedroom
$720
a month, with utilities
2 bedrooms
$910
a month, with utilities
3 bedrooms
$1,170
a month, with utilities
Share of income
19%
2 bedrooms ÷ median income

Studio $720 · 4 bedrooms $1,530

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (64434, 64468, 64476; Nodaway County, MO), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

The coffee’s on

Where to, neighbor?

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/15 · 2025-01-01