There are currently 1,299 real estate properties in Polo, IL, with a median automated valuation model (AVM) price of $121,275.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Polo, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Polo, IL, is $140,407.00, with the most expensive house in Polo, IL, topping out at $875,000.00 and the cheapest home in Polo, IL, clocking in at $11,887.00. In other words, there’s something for every potential homebuyer or savvy investor in Polo, IL!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Polo, IL, is on a rollercoaster ride. The average rent price in Polo, IL, is $1,101.00. Indeed, when looking to rent in Polo, IL, you can expect to pay as little as $470.00 or as much as $2,000.00, with the average rent median estimated to be $1,100.00. The good news is that finding an affordable and desirable property to rent in Polo, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
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