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Kane County Reporter

Saturday, April 20, 2024

Q2 real estate sales report: Geneva

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Median prices declined in Geneva over last year, and are up 0.7 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 170 homes sold in Geneva for a median price of $341,750. That's 0.6 percent lower than median home sale prices for the second quarter of 2017.

In the second quarter, 1 home in Geneva was in foreclosure.

Median property tax for homeowners in Geneva was $9,699.11 in 2017 according to tax data from that year. That means homeowners pay 2.8 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Geneva real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
55
$339,300
-
2010
101
$319,200
-5.9%
2011
71
$293,800
-8%
2012
94
$321,550
9.4%
2013
136
$313,740
-2.4%
2014
145
$312,700
-0.3%
2015
139
$339,200
8.5%
2016
188
$348,863
2.8%
2017
181
$343,740
-1.5%
2018
170
$341,750
-0.6%

Median property tax
Median sale price
Effective property tax rate
2009
$8,600.03
$339,300
2.5%
2010
$8,601.14
$319,200
2.7%
2011
$9,220
$293,800
3.1%
2012
$10,216.64
$321,550
3.2%
2013
$9,411.13
$313,740
3%
2014
$9,047.77
$312,700
2.9%
2015
$9,659.80
$339,200
2.8%
2016
$9,861.03
$348,863
2.8%
2017
$9,699.10
$343,740
2.8%

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