Market Overview
Home Prices in Polk, PA
The median home value in Polk, PA is $158,323 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.8% compared to a year ago and up 1.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Polk are priced61% below average. Polk is part of the Oil City, PA metro area.
Over the past five years, Polk home values have risen by approximately19.4%, reflecting steady appreciation in this market.
Price History
Polk Home Price Trend
2020
$105,123
$105K
—
2021
$132,552
$133K
+26.1%
2022
$142,610
$143K
+7.6%
2023
$143,310
$143K
+0.5%
2024
$148,002
$148K
+3.3%
2025
$149,652
$150K
+1.1%
2026
$158,323
$158K
+5.8%
City Comparison
Polk vs. National Median
🏠 Polk
$158,323
National Median
$410,000
At $158,323, homes in Polk cost 61% below the national median of $410,000. This makes Polk a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Polk?
20% Down Payment
$31,665
on $158,323
Monthly P&I
$826/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,049/mo
incl. taxes & insurance
Income Needed
$41,960
gross annual (30% rule)
10% Down Option
$15,832
+ PMI applies
Loan Amount (20% dn)
$126,658
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Polk, PA?
The median home value in Polk is $158,323 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.8% year-over-year.
How much have home prices changed in Polk?
Over the past year, home values in Polk have increased by 5.8%. Over five years, prices have risen approximately 19.4%.
How much do I need to earn to buy a home in Polk?
To comfortably afford the median home price of $158,323 with a 20% down payment ($31,665) at today's rates (6.8%), you'd need a gross annual income of approximately $41,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Polk compare to the national average home price?
The national median home value is approximately $410,000. At $158,323, homes in Polk are 61% below the national average.
What metro area is Polk part of?
Polk is part of the Oil City, PA metropolitan area. Home prices and market conditions can vary across the broader metro region.