From January through December of 2017, there were 14 homes sold, with a median sale price of $115,448 - a 11.3% increase over the $103,740 median sale price for the previous year. There were 19 homes sold in Genoa in 2016.
The median sales tax in Genoa for 2017 was $4,668. In 2016, the median sales tax was $4,442. This marks an increase of 5.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 4%.
The following table compares Genoa to other DeKalb County cities with similar median sales prices in 2017:
| City | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Sycamore | 15 | 33 | -54.5% | $123,601 | $105,000 | 17.7% |
| Genoa | 14 | 19 | -26.3% | $115,448 | $103,740 | 11.3% |
| Cortland | 10 | 19 | -47.4% | $110,780 | $99,179 | 11.7% |
| Waterman | 6 | 5 | 20% | $105,562.93 | $77,000 | 37.1% |
| Sandwich | 8 | 19 | -57.9% | $105,047 | $69,960 | 50.2% |
| Hinckley | 6 | 5 | 20% | $79,515.22 | $174,250 | -54.4% |
| Malta | 4 | 4 | 0% | $78,911.79 | $78,662 | 0.3% |
| DeKalb | 52 | 74 | -29.7% | $78,107 | $83,447.22 | -6.4% |
| Somonauk | 4 | 6 | -33.3% | $77,620 | $88,752 | -12.5% |
| Shabbona | 1 | 1 | 0% | $70,950 | $39,100 | 81.5% |
| Kirkland | 3 | 3 | 0% | $49,000 | $67,981 | -27.9% |
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