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Monday, October 14, 2019

Genoa home prices fall in April 2017

Real Estate

By Local Labs News Service | May 7, 2017


The median sale price of a home sold in April 2017 in Genoa fell by $73,523 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In April 2017, there were two homes sold, with a median sale price of $111,245 - a 39.8% decrease over the $184,768 median sale price for the same period of the previous year. There were two homes sold in Genoa in April 2016, as well.

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 4.2%.

The following table compares Genoa to other DeKalb County cities in April 2017:

City
Apr. 2017 Home Sales
Apr. 2016 Home Sales
% change (Total Home Sales)
Apr. 2017 Median Sales Price
Apr. 2016 Median Sales Price
% change (Median Sales Price)
DeKalb
2
7
-71.4%
$125,400
$75,000
67.2%
Sandwich
1
2
-50%
$119,000
$146,190
-18.6%
Cortland
1
1
0%
$112,000
$150,779
-25.7%
Genoa
2
2
0%
$111,245
$184,767.89
-39.8%
Hinckley
1
0
-
$99,275
$0
-
Sycamore
1
3
-66.7%
$92,700
$72,000
28.8%
Kingston
0
0
-
$0
$0
-
Shabbona
0
0
-
$0
$0
-
Waterman
0
1
-100%
$0
$50,000
-100%
Maple Park
0
0
-
$0
$0
-
Kirkland
0
0
-
$0
$0
-
Somonauk
0
0
-
$0
$0
-
Malta
0
0
-
$0
$0
-

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Dekalb County Clerk & Recorder Department

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