From July through September, there were eight homes sold, with a median sale price of $225,000 - an 11.9 percent increase over the $201,000 median sale price for the same period of the previous year. There were 28 homes sold in Genoa in the third quarter of 2021.
The median sales tax in Genoa for the most recent year with available data, 2021, was $5,104, approximately 2.3 percent of the median home sale price for the third quarter of 2022.
The following table compares Genoa to other DeKalb County cities with similar median sale prices in the third quarter of 2022:
| City | July - September 2022 Home Sales | July - September 2021 Home Sales | % change (Total Home Sales) | July - September 2022 Median Sales Price | July - September 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Maple Park | 4 | 1 | 300 | $334,750 | $315,000 | 6.3 |
| Sandwich | 9 | 5 | 80 | $247,000 | $212,300 | 16.3 |
| Cortland | 2 | 1 | 100 | $235,450 | $285,714 | -17.6 |
| Somonauk | 3 | 1 | 200 | $235,000 | $245,000 | -4.1 |
| Sycamore | 31 | 83 | -62.7 | $225,000 | $215,000 | 4.7 |
| Genoa | 8 | 28 | -71.4 | $225,000 | $201,000 | 11.9 |
| Kirkland | 4 | 13 | -69.2 | $215,750 | $185,000 | 16.6 |
| DeKalb | 38 | 105 | -63.8 | $181,250 | $165,000 | 9.8 |
| Kingston | 2 | 4 | -50 | $169,250 | $193,750 | -12.6 |
| Hinckley | 3 | 6 | -50 | $164,000 | $275,000 | -40.4 |
| Waterman | 5 | 1 | 400 | $146,000 | $165,000 | -11.5 |
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