April: Geneva experienced a 12.4% increase in median home prices

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The median sale price of a home sold in April in Geneva rose by $45,800 while total sales decreased by 19.7 percent, according to BlockShopper.com.

In April, there were 49 homes sold, with a median sale price of $415,800 - a 12.4 percent increase over the $370,000 median sale price for the same period of the previous year. There were 61 homes sold in Geneva in April 2021.

The median sales tax in Geneva for the most recent year with available data, 2019, was $8,892, approximately 2.1 percent of the median home sale price for April.

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

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Campton Hills1425-44$550,000$485,00013.4
Almora Heights110$460,000$240,00091.7
Sleepy Hollow440$412,000$323,95027.2
Lily Lake21100$397,450$456,000-12.8
West Dundee39-66.7$365,000$286,00027.6

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