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DeKalb Times

Tuesday, April 16, 2024

Genoa home prices fall in March 2020

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The median sale price of a home sold in March 2020 in Genoa fell by $42,025 while total sales decreased by 9.1%, according to BlockShopper.com.

In March 2020, there were 10 homes sold, with a median sale price of $141,975 - a 22.8% decrease over the $184,000 median sale price for the same period of the previous year. There were 11 homes sold in Genoa in March 2019.

The median sales tax in Genoa for the most recent year with available data, 2018, was $4,748, approximately 3.3% of the median home sale price for March 2020.

The following table compares Genoa to other DeKalb County cities with similar median sales prices in March 2020:

CityMar. 2020 Home SalesMar. 2019 Home Sales% change (Total Home Sales)Mar. 2020 Median Sales PriceMar. 2019 Median Sales Price% change (Median Sales Price)
Hinckley17-85.7%$189,900$254,500-25.4%
Cortland26-66.7%$187,450$127,75046.7%
Kingston23-33.3%$181,550$191,500-5.2%
Sycamore2436-33.3%$177,450$147,90020%
Somonauk12-50%$160,000$167,500-4.5%
Sandwich990%$149,900$102,00047%
Genoa1011-9.1%$141,975$184,000-22.8%
DeKalb3437-8.1%$140,750$142,000-0.9%
Shabbona20-$101,500$0-
Kirkland23-33.3%$78,705$175,000-55%
Malta10-$15,000$0-

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