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DeKalb Times

Monday, November 25, 2024

Q2 real estate sales report: Genoa

Realestate2

Median prices rose in Genoa over last year, and are up 3.1 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 1 home sold in Genoa for a price of $111,700. That's 32.8 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, there were no foreclosures in Genoa.

Median property tax for homeowners in Genoa was $3,395.09 in 2017 according to tax data from that year. That means homeowners pay 4 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Genoa real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
3
$108,387
-
2010
7
$193,800
78.8%
2011
3
$118,650
-38.8%
2012
6
$259,879
119%
2013
3
$95,180
-63.4%
2014
5
$136,740
43.7%
2015
5
$145,833
6.6%
2016
5
$97,078
-33.4%
2017
5
$84,140
-13.3%
2018
1
$111,700
32.8%

Median property tax
Median sale price
Effective property tax rate
2014
$4,676.21
$136,740
3.4%
2015
$4,592.49
$145,833
3.1%
2016
$4,431.25
$97,078
4.6%
2017
$3,395.09
$84,140
4%

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