Geneva home prices fall in March 2020

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The median sale price of a home sold in March 2020 in Geneva fell by $22,250 while total sales decreased by 44.7%, according to BlockShopper.com.

In March 2020, there were 21 homes sold, with a median sale price of $282,000 - a 7.3% decrease over the $304,250 median sale price for the same period of the previous year. There were 38 homes sold in Geneva in March 2019.

The median sales tax in Geneva for the most recent year with available data, 2018, was $8,616, approximately 3.1% of the median home sale price for March 2020.

The following table compares Geneva to other Kane 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)
Campton Hills12120%$482,500$377,45027.8%
Batavia27258%$349,000$326,0007.1%
Hampshire58-37.5%$338,000$233,50044.8%
Five Island Park10-$305,000$0-
St. Charles322814.3%$297,250$283,2504.9%
Geneva2138-44.7%$282,000$304,250-7.3%
Sleepy Hollow6450%$279,950$265,0005.6%
Huntley717-58.8%$278,500$248,00012.3%
Elburn712-41.7%$272,000$252,2257.8%
Sugar Grove171154.5%$267,000$260,0002.7%
North Aurora1824-25%$246,450$256,500-3.9%

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