Quantcast

DeKalb Times

Sunday, November 24, 2024

Genoa home prices fall in the second quarter of 2019

Re 10

The median sale price of a home sold in the second quarter of 2019 in Genoa fell by $1,000 while total sales decreased by 47.9%, according to BlockShopper.com.

From April through June of 2019, there were 25 homes sold, with a median sale price of $160,000 - a 0.6% decrease over the $161,000 median sale price for the same period of the previous year. There were 48 homes sold in Genoa in the second quarter of 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 the second quarter of 2019.

The following table compares Genoa to other DeKalb County cities with similar median sales prices in the second quarter of 2019:

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Kingston157114.3%$180,100$159,00013.3%
Kirkland171154.5%$178,000$110,00061.8%
Waterman710-30%$175,500$142,50023.2%
Cortland2934-14.7%$173,000$170,0001.8%
Hinckley711-36.4%$170,600$265,000-35.6%
Somonauk1315-13.3%$166,500$154,0008.1%
Shabbona6520%$160,500$169,000-5%
Genoa2548-47.9%$160,000$161,000-0.6%
Malta11837.5%$155,500$98,62257.7%
DeKalb103176-41.5%$146,000$135,0008.1%
Sandwich2247-53.2%$140,000$174,894-20%

MORE NEWS