In September 2018, there were six homes sold, with a median sale price of $67,000 - a 6.6% decrease over the $71,750 median sale price for the same period of the previous year. There were two homes sold in Polo in September 2017.
The median sales tax in Polo for 2018 was $1,832. In 2017, the median sales tax was $1,818. This marks an increase of 0.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.7%.
The following table compares Polo to other Ogle County cities in September 2018:
| City | Sept. 2018 Home Sales | Sept. 2017 Home Sales | % change (Total Home Sales) | Sept. 2018 Median Sales Price | Sept. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Hillcrest | 3 | 3 | 0% | $168,000 | $99,000 | 69.7% |
| Lost Nation | 1 | 1 | 0% | $167,500 | $227,000 | -26.2% |
| Stillman Valley | 2 | 1 | 100% | $147,500 | $135,000 | 9.3% |
| Davis Junction | 3 | 0 | - | $137,000 | $0 | - |
| Byron | 6 | 7 | -14.3% | $129,500 | $142,900 | -9.4% |
| Creston | 2 | 0 | - | $128,250 | $0 | - |
| Oregon | 6 | 2 | 200% | $123,750 | $69,000 | 79.3% |
| Mount Morris | 3 | 7 | -57.1% | $78,500 | $74,000 | 6.1% |
| Rochelle | 16 | 12 | 33.3% | $78,000 | $84,250 | -7.4% |
| Polo | 6 | 2 | 200% | $67,000 | $71,750 | -6.6% |
| Forreston | 0 | 6 | -100% | $0 | $69,950 | -100% |
| Grand Detour | 0 | 0 | - | $0 | $0 | - |
| Monroe Center | 0 | 1 | -100% | $0 | $239,900 | -100% |
| Leaf River | 0 | 0 | - | $0 | $0 | - |
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