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Polo, IL

Full City Profile · Illinois · Lee County County

2.9 /5.0
C+ Fair
2,495 Population 1,721/sq mi density
$52,976 Median Income $29,178 per capita
$108,500 Home Value $159,571 Zillow
$777 Median Rent 21.4% income on rent
49°F Avg Temperature 275 sunny days/yr
229 Violent Crime/100K 734 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$52,976 median income, 3.0% unemployment
A+
Affordability
5.0 / 5.0
$108,500 home value, $777/mo rent
F
Safety
1.0 / 5.0
229 violent crimes/100K
C
Education
2.3 / 5.0
16.2% bachelor's degree or higher

Housing Overview

Median Home Value
$108,500
62% below
US avg: $281,900
Median Rent
$777/mo
33% below
US avg: $1,163/mo
Homeownership Rate
62.9%
4% below US avg (65.4%)
Total Housing Units
1,133
Median year built: 1953

Home Value by Source

Census Median
$108,500
Zillow (ZHVI)
$159,571
Median Sale Price
$78,000
Median List Price
$164,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

62.9%
Owner-Occupied
37.1%
Renter-Occupied
63%
37%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $777/mo

Market Indicators (Redfin)

Median Days on Market
89 days
Sale-to-List Ratio
0.8%
Buyers market
Homes Sold
2
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$46
Active Inventory
7
homes for sale

Affordability & Housing Stock

Rent Burden
21.4%
of renters spending 30%+ of income on housing
31% below US avg (31.0%)
Median Year Built
1953
Average age of housing stock: 73 years
Homeownership Rate
62.9%

Complete Housing Data

Home Values

Census Median Value$108,500
Zillow Home Value (ZHVI)$159,571
Median Sale Price$78,000
Median List Price$164,000
Price Per Sq Ft$46

Rent

Census Median Rent$777
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market89
Sale-to-List Ratio0.8%
Price Drops0.0%
Homes Sold2
Active Inventory7
Price Per Sq Ft$46

Ownership & Stock

Owner-Occupied62.9%
Renter-Occupied37.1%
Homeownership Rate62.9%
Total Housing Units1,133
Median Year Built1953
Rent Burden21.4%