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DeKalb Times

Sunday, November 24, 2024

Genoa home prices rise in May 2019

Re 13

The median sale price of a home sold in May 2019 in Genoa rose by $5,000 while total sales increased by 13.3%, according to BlockShopper.com.

In May 2019, there were 17 homes sold, with a median sale price of $160,000 - a 3.2% increase over the $155,000 median sale price for the same period of the previous year. There were 15 homes sold in Genoa in May 2018.

The median sales tax in Genoa for the most recent year with available data, 2017, was $4,668, approximately 2.9% of the median home sale price for May 2019.

The following table compares Genoa to other DeKalb County cities with similar median sales prices in May 2019:

CityMay 2019 Home SalesMay 2018 Home Sales% change (Total Home Sales)May 2019 Median Sales PriceMay 2018 Median Sales Price% change (Median Sales Price)
Waterman37-57.1%$175,500$131,00034%
Cortland161233.3%$173,500$169,9502.1%
Kingston62200%$173,374$100,25072.9%
Hinckley7475%$170,600$203,500-16.2%
Malta62200%$163,500$98,62265.8%
Somonauk660%$163,200$164,000-0.5%
Shabbona42100%$160,500$144,50011.1%
Genoa171513.3%$160,000$155,0003.2%
Sandwich1521-28.6%$145,000$208,000-30.3%
Kirkland4333.3%$141,000$160,000-11.9%
DeKalb5672-22.2%$134,875$132,8001.6%

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