In September 2019, there were seven homes sold, with a median sale price of $65,000 - a 3% decrease over the $67,000 median sale price for the same period of the previous year. There were six homes sold in Polo in September 2018.
The median sales tax in Polo for 2019 was $1,831. In 2018, the median sales tax was $1,832. This marks an decrease of 0.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.8%.
The following table compares Polo to other Ogle County cities with similar median sales prices in September 2019:
| City | Sept. 2019 Home Sales | Sept. 2018 Home Sales | % change (Total Home Sales) | Sept. 2019 Median Sales Price | Sept. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Monroe Center | 2 | 0 | - | $179,500 | $0 | - |
| Byron | 6 | 6 | 0% | $136,750 | $129,500 | 5.6% |
| Forreston | 2 | 0 | - | $128,500 | $0 | - |
| Hillcrest | 4 | 3 | 33.3% | $121,000 | $168,000 | -28% |
| Rochelle | 8 | 16 | -50% | $103,500 | $78,000 | 32.7% |
| Oregon | 10 | 6 | 66.7% | $94,000 | $123,750 | -24% |
| Creston | 1 | 2 | -50% | $92,000 | $128,250 | -28.3% |
| Leaf River | 2 | 0 | - | $86,750 | $0 | - |
| Grand Detour | 2 | 0 | - | $80,500 | $0 | - |
| Mount Morris | 6 | 3 | 100% | $74,000 | $78,500 | -5.7% |
| Polo | 7 | 6 | 16.7% | $65,000 | $67,000 | -3% |
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