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Saturday, November 23, 2024

Genoa home prices rise in the third quarter of 2018

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The median sale price of a home sold in the third quarter of 2018 in Genoa rose by $33,436.79 while total sales increased by 50%, according to BlockShopper.com.

From July through September of 2018, there were three homes sold, with a median sale price of $141,204 - a 31% increase over the $107,767.21 median sale price for the same period of the previous year. There were two homes sold in Genoa in the third quarter of 2017.

The median sales tax in Genoa for the most recent year with available data, 2017, was $4,668.30, approximately 3.3% of the median home sale price for the third quarter of 2018.

The following table compares Genoa to other DeKalb County cities in the third quarter of 2018:

CityJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
Kirkland20-$184,913.15$0-
Genoa3250%$141,204$107,767.2131%
Sycamore550%$111,600$123,601-9.7%
DeKalb811-27.3%$104,900$81,00029.5%
Somonauk20-$102,370.50$0-
Hinckley110%$93,150$62,330.4449.4%
Kingston42100%$88,855$5,669.851467.1%
Sandwich20-$87,020$0-
Cortland12-50%$70,000$109,135-35.9%
Shabbona00-$0$0-
Waterman03-100%$0$123,420-100%
Maple Park00-$0$0-
Malta00-$0$0-

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