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Sunday, September 29, 2024

Polo home prices fall in March 2018

Realestate4

The median sale price of a home sold in March 2018 in Polo fell by $22,700 while total sales decreased by 16.7%, according to BlockShopper.com.

In March 2018, there were five homes sold, with a median sale price of $70,000 - a 24.5% decrease over the $92,700 median sale price for the same period of the previous year. There were six homes sold in Polo in March 2017.

The median sales tax in Polo for the most recent year with available data, 2017, was $1,818, approximately 2.6% of the median home sale price for March 2018.

The following table compares Polo to other Ogle County cities in March 2018:

CityMar. 2018 Home SalesMar. 2017 Home Sales% change (Total Home Sales)Mar. 2018 Median Sales PriceMar. 2017 Median Sales Price% change (Median Sales Price)
Davis Junction5366.7%$162,000$155,0004.5%
Byron7540%$148,500$129,90014.3%
Hillcrest34-25%$113,000$126,500-10.7%
Oregon550%$106,000$70,00051.4%
Rochelle712-41.7%$105,000$104,5000.5%
Grand Detour12-50%$98,000$114,750-14.6%
Stillman Valley12-50%$85,500$59,00044.9%
Mount Morris62200%$84,750$69,25022.4%
Polo56-16.7%$70,000$92,700-24.5%
Leaf River110%$11,000$61,000-82%
Forreston02-100%$0$59,000-100%
Creston00-$0$0-
Lost Nation01-100%$0$232,000-100%
Monroe Center00-$0$0-

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