In July 2018, there were 59 homes sold, with a median sale price of $353,500 - a 13.6% increase over the $311,135 median sale price for the same period of the previous year. There were 56 homes sold in Geneva in July 2017.
The median sales tax in Geneva for the most recent year with available data, 2017, was $8,512.40, approximately 2.4% of the median home sale price for July 2018.
The following table compares Geneva to other Kane County cities with similar median sales prices in July 2018:
City | July 2018 Home Sales | July 2017 Home Sales | % change (Total Home Sales) | July 2018 Median Sales Price | July 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Wayne | 3 | 1 | 200% | $650,000 | $700,000 | -7.1% |
Lily Lake | 3 | 1 | 200% | $510,000 | $292,000 | 74.7% |
Williamsburg Green | 1 | 1 | 0% | $435,000 | $505,000 | -13.9% |
Campton Hills | 30 | 22 | 36.4% | $425,000 | $394,950 | 7.6% |
Geneva | 59 | 56 | 5.4% | $353,500 | $311,135 | 13.6% |
Wildrose | 1 | 0 | - | $345,000 | $0 | - |
Prestbury | 7 | 8 | -12.5% | $320,000 | $267,500 | 19.6% |
Batavia | 53 | 41 | 29.3% | $299,000 | $291,000 | 2.7% |
Big Rock | 1 | 6 | -83.3% | $290,000 | $219,000 | 32.4% |
South Elgin | 40 | 43 | -7% | $290,000 | $225,000 | 28.9% |
Elburn | 15 | 15 | 0% | $284,000 | $265,000 | 7.2% |