Polo, Illinois, is a quaint small town in Ogle County with a population of approximately 2,300 as of the 2020 census. Nestled in the heart of the Midwest, Polo exudes a classic small-town charm with its historic downtown, featuring well-preserved 19th-century architecture and local businesses like antique shops and cozy diners. The town is home to the Polo Historical Society, which maintains the Aplington House, a historic site tied to Abraham Lincoln’s legacy. Surrounded by fertile farmland, Polo offers a peaceful, community-oriented lifestyle, with annual events like the Polo Town and Country Days fostering local pride and togetherness.
Polo currently has 19 single family homes for sale with an average list price of $172,494.21 and 1 lot for sale with a list price of $988,000. The average annual property tax for Polo is $2,401.02.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Polo, i.e. what's hot and what's not.
See What's Hot & What's Not in PoloPolo home sales for the month of August rose in volume by 200% when compared to last year, while the median sale price decreased by 76.9% from $550,000 to $127,000. House sales rose by 200%, while the median sale price decreased by 76.9% from $550,000 to $127,000.
47
|
27
|
30
|
41
|
2021 | 2022 | 2023 | 2024 |
# of sales per year |
$107,500
|
$124,900
|
$109,767.50
|
$140,000
|
2021 | 2022 | 2023 | 2024 |
median sale price per year |