Photo: Andy McMurray · CC BY 2.536 homes sold in Polo in the last year, at a typical $141K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Polo homes are listed.
Every place Polo homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Polo.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 97% of Polo’s sales, at a typical $141K
36 homes sold in the year to May 2026.
typical sale · 35 sold in 12 months
- Per square foot
- $87IL $180
- Days to sell
- 36
- Sold over asking
- 29%
- Listings with a price cut
- 35%
Multi-family (2–4 units): 1 sold, typical $95K
Too few sales in 12 months for reliable figures.
More homes sell than most years, at 1.5 times the 2017 price
36 sales in the last year, against 36 in 2021 and a low of 17 in 2017. The typical sale went from $96K in 2017 to $141K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $150K buys in Polo
Check a listing against what Polo homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Polo are more common than before the pandemic, and more homes are for sale
We read every month of Polo’s home sales since 2013 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 36 sales.
If you’re buying in Polo
- Shop in May. It brings about 4 new listings a month, close to the busiest month, with fewer bidding wars (8% over asking).
- Offer under asking. Buyers paid 94.7% of the list price on average; 28% paid over.
- You’ll usually have time. Only 37% of homes go under contract within two weeks; the typical one takes 36 days.
Spring brings the homes; summer brings the bidding wars
May has the most new listings (about 4 a month), but June is the most competitive: 23% of June sales close over asking. January has the least competition (0%) but only about 2 new listings.
Averages for each calendar month, 2015 on.
Hotter than in 2021, and calmer than Illinois
| Polo now | 2017–19 | 2021 peak | IL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 28% | 6% | 11% | 37% |
| Gone within two weeksShare of homes under contract within 14 days | 37% | 0% | 22% | 46% |
| Listings with a price cutShare of homes for sale that cut their price | 34% | — | 37% | 19% |
| Price paid vs. askingAverage sale price ÷ list price | 94.7% | 91.3% | 94.7% | 99.2% |
| Days to sellMedian days from listing to contract | 36 | 178 | 51 | 49 |
8 homes for sale on a typical day
That’s 1.2 times the 2021 low (6), 17% more than in 2017–19 and well under 2014’s 30.
1 in 3 listings has cut its price
34% in the last year, against — in 2017–19 and 19% across Illinois.
Source: Redfin Data Center, city market tracker, January 2013 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Polo home costs about $1,008 a month
Price: Polo’s typical sale, last 12 months. Property tax at Polo’s 2.3% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Polo is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. January has the fewest, about 2.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $141K home, about $3,270 a year.
Taxes vs. neighborsSchools
The schools grade for Polo, from test results, graduation and how much students grow.
Schools in PoloCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
No busy market nearby sells for less a square foot; Dixon, Oregon and Byron for far more
The busier markets within 25 miles of Polo, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Sterling | 185 | $121K | $92 | 33% | 51 |
| Dixon | 166 | $161K | $120 | 30% | 44 |
| Rock Falls | 96 | $117K | $99 | 33% | 43 |
| Byron | 52 | $238K | $132 | 23% | 31 |
| Oregon | 50 | $185K | $115 | 30% | 26 |
| Polo | 36 | $141K | $87 | 28% | 36 |
| Mount Morris | 35 | $140K | $100 | 37% | 20 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Polo, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Polo. People who follow the town see it, and so do people comparing Polo with their own town. No commission, no listing fee.
Questions about buying a home in Polo
What do homes sell for in Polo, IL?
36 homes sold in the year to May 2026 at a typical $141K, $87 a square foot.
Is Polo a buyer’s or seller’s market?
A seller’s market: 1 homes were for sale in May 2026 and 2 sold, about 0.5 months of supply. Buyers paid 94.7% of asking on average, and 34% of listings cut their price.
When is the best time to buy in Polo?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Polo?
About 2.3% of a home’s value a year. On a $141K home that’s near $3,270.
Where can I see homes for sale in Polo?
Zillow, Redfin, Realtor.com and Homes.com all carry Polo’s MLS listings; the search links above open each one filtered to Polo.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).