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DeKalb Times

Wednesday, November 27, 2024

What happened to the median home price in Genoa during 2020?

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The median sale price of a home sold in 2020 in Genoa rose by $1,138 while total sales increased by 19.6%, according to BlockShopper.com.

From January through December of 2020, there were 122 homes sold, with a median sale price of $178,750 - a 0.6% increase over the $177,613 median sale price for the previous year. There were 102 homes sold in Genoa in 2019.

The median sales tax in Genoa for the most recent year with available data, 2019, was $4,863, approximately 2.7% of the median home sale price for 2020.

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

CityJan. - Dec. 2020 Home SalesJan. - Dec. 2019 Home Sales% change (Total Home Sales)Jan. - Dec. 2020 Median Sales PriceJan. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Hinckley4045-11.1%$202,500$189,9006.6%
Waterman2633-21.2%$200,810.60$175,50014.4%
Sycamore379429-11.7%$191,500$179,0007%
Sandwich143151-5.3%$185,000$157,00017.8%
Cortland8189-9%$181,500$166,0009.3%
Somonauk2848-41.7%$181,450$166,0009.3%
Genoa12210219.6%$178,750$177,612.500.6%
Kirkland3748-22.9%$162,500$170,450-4.7%
Malta3033-9.1%$155,500$142,0009.5%
DeKalb501518-3.3%$153,400$142,0008%
Shabbona24240%$138,500$157,000-11.8%

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