Geneva median home prices rose by 9.8% in January 2021

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The median sale price of a home sold in January 2021 in Geneva rose by $32,500 while total sales increased by 40.6%, according to BlockShopper.com.

In January 2021, there were 45 homes sold, with a median sale price of $365,000 - a 9.8% increase over the $332,500 median sale price for the same period of the previous year. There were 32 homes sold in Geneva in January 2020.

The median sales tax in Geneva for the most recent year with available data, 2019, was $8,892, approximately 2.4% of the median home sale price for January 2021.

The following table compares Geneva to other Kane County cities with similar median sale prices in January 2021:

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Campton Hills239155.6%$485,000$430,00012.8%
Lily Lake10-$459,900$0-
Bowes110%$420,000$484,000-13.2%
Rainbow Hills10-$380,000$0-
Williamsburg Green30-$375,000$0-
Geneva453240.6%$365,000$332,5009.8%
Batavia321788.2%$333,950$405,000-17.5%
Sleepy Hollow71600%$314,888$283,45511.1%
Sugar Grove2813115.4%$299,750$233,00028.6%
West Dundee141040%$297,500$297,5000%
Elburn12933.3%$295,000$265,00011.3%

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