The median sale price of a home in Polk Terrace was $208K last month, down 15.3% since last year. The median sale price per square foot in Polk Terrace is $145, down 3.0% since last year.
What is the housing market like in Polk Terrace today?
In March 2024, Polk Terrace home prices were down 15.3% compared to last year, selling for a median price of $208K. On average, homes in Polk Terrace sell after 32 days on the market compared to 55 days last year. There were 14 homes sold in March this year, down from 19 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$207,500
-15.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Polk Terrace, TX
$207,500
-15.3%
United States
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How hot is the Polk Terrace housing market?
Learn what it takes to have a winning offer
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
97.8%
-0.28 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Polk Terrace, TX
97.8%
-0.28 pt
United States
Home offer insights for Polk Terrace
Explore recent offers and recently sold homes in Polk Terrace
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Polk Terrace housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Polk Terrace.
Risk Factor
Flood Factor - Moderate
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Polk Terrace has a moderate risk of flooding. 256 properties in Polk Terrace are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in Polk Terrace. Flood risk is increasing slower than the national average.
44% of properties are at risk of wildfire over the next 30 years
Fire Factor
Polk Terrace has a moderate risk of wildfire. There are 1,445 properties in Polk Terrace that have some risk of being affected by wildfire over the next 30 years. This represents 44% of all properties in Polk Terrace.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Polk Terrace has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Polk Terrace is most at risk from hurricanes. 3,270 properties in Polk Terrace have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 82 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 92 mph.