From January through March of 2018, there were 10 homes sold, with a median sale price of $69,500 - a 35.3% decrease over the $107,500 median sale price for the same period of the previous year. There were 11 homes sold in Polo in the first quarter of 2017.
The median sales tax in Polo for the most recent year with available data, 2017, was $1,818.20, approximately 2.6% of the median home sale price for the first quarter of 2018.
The following table compares Polo to other Ogle County cities with similar median sales prices in the first quarter of 2018:
City | Jan. - Mar. 2018 Home Sales | Jan. - Mar. 2017 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2018 Median Sales Price | Jan. - Mar. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Creston | 4 | 1 | 300% | $122,000 | $112,600 | 8.3% |
Hillcrest | 5 | 6 | -16.7% | $113,000 | $87,500 | 29.1% |
Lost Nation | 3 | 3 | 0% | $109,000 | $155,000 | -29.7% |
Stillman Valley | 3 | 5 | -40% | $103,000 | $93,000 | 10.8% |
Rochelle | 26 | 24 | 8.3% | $100,000 | $116,500 | -14.2% |
Grand Detour | 3 | 2 | 50% | $98,000 | $114,750 | -14.6% |
Oregon | 13 | 15 | -13.3% | $97,000 | $67,000 | 44.8% |
Mount Morris | 11 | 10 | 10% | $80,500 | $48,250 | 66.8% |
Polo | 10 | 11 | -9.1% | $69,500 | $107,500 | -35.3% |
Forreston | 7 | 7 | 0% | $65,000 | $59,000 | 10.2% |
Leaf River | 1 | 1 | 0% | $11,000 | $61,000 | -82% |