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Geneva Illinois City HallPhoto: Mpen320 · CC BY-SA 4.0
Housing in Geneva

321 homes sold in Geneva in the last year, at a typical $518K

About one sale in 4 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Geneva homes are listed.

Homes sold
321
June 2025 to May 2026
Typical sale price
$518K
houses $580K · condos $344K
Price per square foot
$252
Illinois $193
Paid vs. asking
100.1%
46% sold over asking
For sale now
46
May 2026 · 29 sold that month
What sold · last 12 months

8% of Geneva’s sales are condos, at $236K less than a house

228 houses and 25 condos sold in the year to May 2026. Condos sell faster. Houses draw more bidding wars.

Houses$580K

typical sale · 228 sold in 12 months

Per square foot
$262IL $180
Days to sell
49
Sold over asking
49%
Listings with a price cut
20%
Condos$344K

typical sale · 25 sold in 12 months

Per square foot
$269IL $251
Days to sell
44
Sold over asking
40%
Listings with a price cut
43%
Fewer sales

Multi-family (2–4 units): 4 sold, typical $404K
Townhouses: 64 sold, typical $401K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2022, at 1.7 times the 2016 price

321 sales in the last year, against 545 in 2021 and a low of 298 in 2025. The typical sale went from $304K in 2016 to $518K.

Homes soldTypical sale price
0137275412550$300K$400K$500K$600K2012: 307 sold, typical $253K’122013: 408 sold, typical $268K2014: 369 sold, typical $282K’142015: 402 sold, typical $283K2016: 448 sold, typical $304K’162017: 480 sold, typical $315K2018: 430 sold, typical $315K’182019: 400 sold, typical $327K2020: 501 sold, typical $345K’202021: 545 sold, typical $371K2022: 395 sold, typical $410K’222023: 307 sold, typical $426K2024: 319 sold, typical $459K’242025: 298 sold, typical $503KLast 12 months: 321 sold, typical $518KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $500K buys in Geneva

Houseat $262 a sq ft
Condoat $269 a sq ft
The same money in Illinoisat $180 a sq ft

Is this asking price fair?

Check a listing against what Geneva homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Geneva are more common than before the pandemic, but two thirds fewer homes come up for sale

We read every month of Geneva’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 321 sales.

If you’re buying in Geneva

  • Shop in April. It brings about 56 new listings a month, close to the busiest month, with fewer bidding wars (29% over asking).
  • Less room to haggle. Only 18% of listings cut their price, against 26% before the pandemic.
  • Bid near asking. Buyers paid 100.1% of the list price on average; 46% paid over.
  • Move fast on good ones. 59% of homes are under contract within two weeks.
Best time to buy

Spring brings both the most homes and the most bidding wars

May has the most new listings (about 60 a month), and the most competition: 33% close over asking. January has the least competition (17%) but only about 30 new listings.

New listings a monthShare sold over asking
01530456013%27%40%Sweet spotJan: 30 new listings a month, 17% sold over asking, 66 days to sellJFeb: 39 new listings a month, 21% sold over asking, 83 days to sellFMar: 47 new listings a month, 26% sold over asking, 66 days to sellMApr: 56 new listings a month, 29% sold over asking, 47 days to sellAMay: 60 new listings a month, 33% sold over asking, 41 days to sellMJun: 52 new listings a month, 32% sold over asking, 41 days to sellJJul: 47 new listings a month, 28% sold over asking, 42 days to sellJAug: 45 new listings a month, 29% sold over asking, 43 days to sellASep: 38 new listings a month, 27% sold over asking, 52 days to sellSOct: 32 new listings a month, 23% sold over asking, 45 days to sellONov: 24 new listings a month, 23% sold over asking, 58 days to sellNDec: 12 new listings a month, 24% sold over asking, 66 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and hotter than Illinois

Geneva now2017–192021 peakIL now
Sold over askingShare of sales that closed above the list price46%16%39%37%
Gone within two weeksShare of homes under contract within 14 days59%38%55%46%
Listings with a price cutShare of homes for sale that cut their price18%26%24%19%
Price paid vs. askingAverage sale price ÷ list price100.1%97.5%99.8%99.2%
Days to sellMedian days from listing to contract48681649
Supply

52 homes for sale on a typical day

That’s 65% fewer than in 2017–19 and well under 2015’s 168.

2012: 166 for sale’122013: 141 for sale2014: 137 for sale2015: 168 for sale’152016: 145 for sale2017: 146 for sale2018: 141 for sale’182019: 159 for sale2020: 103 for sale2021: 51 for sale’212022: 69 for sale2023: 55 for sale2024: 55 for sale’242025: 56 for saleLast 12 months: 52 for saleNow
Room to negotiate

1 in 5 listings has cut its price

18% in the last year, against 26% in 2017–19 and 19% across Illinois.

2015: 28%’152016: 33%2017: 25%2018: 28%’182019: 24%2020: 33%2021: 24%’212022: 16%2023: 16%2024: 13%’242025: 17%Last 12 months: 18%Now
Prices by type

Since 2019, houses are up 65%, condos 68%

A house typically sold for $580K in the last year (228 sales), a condo for $344K (25).

$250K$400K$550K$700K2013201520172019202120232025NowHouses 2013: $290K, 299 salesHouses 2014: $305K, 274 salesHouses 2015: $314K, 300 salesHouses 2016: $323K, 331 salesHouses 2017: $342K, 343 salesHouses 2018: $342K, 312 salesHouses 2019: $351K, 299 salesHouses 2020: $362K, 373 salesHouses 2021: $415K, 393 salesHouses 2022: $459K, 283 salesHouses 2023: $461K, 225 salesHouses 2024: $509K, 218 salesHouses 2025: $571K, 208 salesHouses last 12 months: $580K, 228 salesHouses $580KCondos 2013: $201K, 29 salesCondos 2014: $205K, 29 salesCondos 2015: $189K, 36 salesCondos 2016: $200K, 27 salesCondos 2017: $204K, 31 salesCondos 2018: $205K, 24 salesCondos 2019: $205K, 22 salesCondos 2020: $259K, 26 salesCondos 2021: $249K, 42 salesCondos 2022: $273K, 37 salesCondos 2023: $290K, 22 salesCondos 2024: $399K, 23 salesCondos 2025: $334K, 24 salesCondos last 12 months: $344K, 25 salesCondos $344K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Illinois

Geneva ranks 52nd of 324 busy Illinois markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Geneva is one of the state’s hottest markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Geneva home costs about $3,676 a month

Mortgage
Property tax
Insurance
Rent

Price: Geneva’s typical sale, last 12 months. Property tax at Geneva’s 2.3% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Geneva is affordable on local pay is on Cost of living.

Before you buy in Geneva

Six things worth knowing

60

New listings in May

The month with the most choice. December has the fewest, about 12.

Best time to buy
2.3%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $518K home, about $11,680 a year.

Taxes vs. neighbors
A

Schools

The schools grade for Geneva, from test results, graduation and how much students grow.

Schools in Geneva
28 min

Typical commute

The average one-way trip to work for people who live in Geneva.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Batavia, St. Charles, North Aurora, West Chicago, Campton Hills and Winfield Township sell for less a square foot

The busier markets within 25 miles of Geneva, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
St. Charles469$439K$23745%46
Batavia343$476K$22754%47
Geneva321$518K$25246%48
North Aurora264$389K$21848%52
West Chicago152$393K$21951%49
Winfield Township145$453K$23452%44
Campton Hills138$713K$21244%47

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Geneva, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Geneva. People who follow the town see it, and so do people comparing Geneva with their own town. No commission, no listing fee.

Questions about buying a home in Geneva

What do homes sell for in Geneva, IL?

321 homes sold in the year to May 2026 at a typical $518K, $252 a square foot. Houses sold for about $580K, condos for about $344K.

Is Geneva a buyer’s or seller’s market?

A seller’s market: 46 homes were for sale in May 2026 and 29 sold, about 1.6 months of supply. Buyers paid 100.1% of asking on average, and 18% of listings cut their price.

When is the best time to buy in Geneva?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Geneva?

About 2.3% of a home’s value a year. On a $518K home that’s near $11,680.

Where can I see homes for sale in Geneva?

Zillow, Redfin, Realtor.com and Homes.com all carry Geneva’s MLS listings; the search links above open each one filtered to Geneva.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).