October's First-Time Homebuyer Report for Polo

Polo is a small city in Illinois with a median income of $45,887 per household. Besides being somewhat affluent, its population is younger than others with a median age of 41 years. The Polo market is almost exclusively made up of detached homes, currently accounting for 100% overall. Leading the list of top schools in the city are Aplington Middle School and Polo Community High School.

Price Range

Polo has some of the more affordable homes in the state with a median home value of $79,500 and a current average list price of $99,649. The Polo market saw sales remain flat this week with three homes sold over the last 30 days but new listings shrank to two.

Make sure you take a look at these eye-catching homes in Polo that generated the most views from potential buyers:

$137K   $110K   $129K  

Typical Dwelling

A three-bedroom detached home valued around $119,638 is considered a typical dwelling in Polo. If a buyer was looking for a similar home, they would need good credit and a $23,928 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $457 and the property tax rate is $17.13 per $1,000 of taxable assessed value.

Get started right now by checking out Polo homes for sale or reviewing Polo real estate trends.


Data reported through 10/13/2016

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