Geneva home prices rise in July 2020

Medium realestate1

The median sale price of a home sold in July 2020 in Geneva rose by $1,500 while total sales decreased by 1.7%, according to BlockShopper.com.

In July 2020, there were 58 homes sold, with a median sale price of $343,000 - a 0.4% increase over the $341,500 median sale price for the same period of the previous year. There were 59 homes sold in Geneva in July 2019.

The median sales tax in Geneva for the most recent year with available data, 2019, was $8,892, approximately 2.6% of the median home sale price for July 2020.

The following table compares Geneva to other Kane County cities with similar median sales prices in July 2020:

CityJuly 2020 Home SalesJuly 2019 Home Sales% change (Total Home Sales)July 2020 Median Sales PriceJuly 2019 Median Sales Price% change (Median Sales Price)
Fox River Estates10-$520,000$0-
Lily Lake330%$495,000$250,00098%
Maple Park23-33.3%$462,500$349,90032.2%
Campton Hills2224-8.3%$445,000$410,1258.5%
Geneva5859-1.7%$343,000$341,5000.4%
Batavia40385.3%$330,000$308,320.507%
Big Rock330%$315,000$243,82029.2%
Prestbury47-42.9%$305,000$270,00013%
St. Charles5859-1.7%$303,000$340,000-10.9%
Elburn1617-5.9%$301,250$275,0009.5%
Sugar Grove2223-4.3%$294,500$296,500-0.7%

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