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Friday, April 26, 2024

Genoa home prices rise in February 2020

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The median sale price of a home sold in February 2020 in Genoa rose by $71,000 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

In February 2020, there were three homes sold, with a median sale price of $220,000 - a 47.7% increase over the $149,000 median sale price for the same period of the previous year. There were three homes sold in Genoa in February 2019, as well.

The median sales tax in Genoa for the most recent year with available data, 2018, was $4,748, approximately 2.2% of the median home sale price for February 2020.

The following table compares Genoa to other DeKalb County cities in February 2020:

CityFeb. 2020 Home SalesFeb. 2019 Home Sales% change (Total Home Sales)Feb. 2020 Median Sales PriceFeb. 2019 Median Sales Price% change (Median Sales Price)
Somonauk12-50%$367,000$110,000233.6%
Sandwich16-83.3%$249,000$107,000132.7%
Genoa330%$220,000$149,00047.7%
Hinckley21100%$216,311.91$380,000-43.1%
DeKalb630-80%$173,750$120,50044.2%
Waterman20-$150,811.10$0-
Cortland12-50%$120,000$92,89329.2%
Sycamore620-70%$116,250$186,750-37.8%
Malta02-100%$0$68,450-100%
Kingston03-100%$0$78,000-100%
Shabbona02-100%$0$166,250-100%
Maple Park01-100%$0$255,000-100%
Kirkland02-100%$0$123,250-100%

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