Geneva home prices rise in the first half of 2020

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The median sale price of a home sold in the first half of 2020 in Geneva rose by $100 while total sales decreased by 25.5%, according to

From January through June of 2020, there were 184 homes sold, with a median sale price of $325,000 - a 0% increase over the $324,900 median sale price for the same period of the previous year. There were 247 homes sold in Geneva in the first half of 2019.

The median sales tax in Geneva for the most recent year with available data, 2018, was $8,616, approximately 2.7% of the median home sale price for the first half of 2020.

The following table compares Geneva to other Kane County cities with similar median sales prices in the first half of 2020:

CityJan. - June 2020 Home SalesJan. - June 2019 Home Sales% change (Total Home Sales)Jan. - June 2020 Median Sales PriceJan. - June 2019 Median Sales Price% change (Median Sales Price)
Campton Hills75103-27.2%$425,000$437,500-2.9%
Novak Park21100%$375,000$600,000-37.5%
Williamsburg Green13-66.7%$350,000$260,00034.6%
Tanner Woods23-33.3%$350,000$325,0007.7%
Lily Lake94125%$337,000$465,000-27.5%
Five Island Park12-50%$305,000$195,00056.4%
St. Charles202210-3.8%$297,500$295,3000.7%
Almora Heights23-33.3%$295,000$255,00015.7%

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