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Featured local agent — Geneseo, IL
Sarah Mitchell
Compass Real Estate · Geneseo, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Geneseo, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$159,700median sale price
How is the Geneseo, IL housing market right now?
The median home sale price in Geneseo, IL is $159,700, down 24.3% year-over-year. Homes sell in an average of 39 days with 9 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Geneseo a buyer's or seller's market?
Geneseo, IL is currently a seller's market, based on 1.1 months of supply and homes selling in about 39 days. How we determine this →
Homes sold
8
Last 12 weeks
Days on market
39
Average pace
Active listings
9
1.1 months supply
Sale-to-list
96.7%
Below asking
What does the Geneseo housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $159,700 |
| Median list price | $226,450 |
| Year-over-year price change | -24.3% |
| Average days on market | 39 days |
| Active inventory | 9 listings |
| Months of supply | 1.1 months |
| Sale-to-list price ratio | 96.7% |
| Median price per sq ft | $108/sq ft |
| Homes sold (latest month) | 8 |
| New listings (latest month) | 8 |
| Listings with a price cut | 22.2% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Geneseo by property type?
How the Geneseo, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $159,700 | $108/sq ft | 8 | 39 days |
| Condo / Co-op | $210,000 | $137/sq ft | 1 | 5 days |
| Townhouse | $164,000 | $107/sq ft | 1 | 11 days |
Source: Redfin · Updated monthly
The Geneseo housing market is currently classified as a seller's market with a median sale price of $159,700. Prices have fallen 24.3% compared to last year, with homes spending an average of 39 days on market, indicating 1.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.8x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Geneseo
There are currently 9 homes listed for sale in Geneseo, Illinois. The median listing price is $226K.
Active listings
9
Homes on market
Median list price
$226K
Avg. days on market
39
Days until sale
New this week
8
Newly listed
Who lives in Geneseo?
Population
6,577
Median income
$65,226/yr
Median age
45.3 years
Owner-occupied
72.5%
College grads
33.4%
Avg commute
18.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Geneseo?
Zillow home value
$246,061
Price-to-income
3.8x
Source: Zillow Research
What is it like to live in Geneseo?
Geneseo is a community of approximately 7K residents with a median age of 45.3 years.The median household income is $65,226, which represents a working-class community with solid middle-income opportunities. 33.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 72.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 18.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Geneseo offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Geneseo?
5 schools tracked · 2,445 students
The largest public schools serving Geneseo, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Geneseo High School
Grades 9-12 · 792 students
Geneseo Middle School
Grades 6-8 · 592 students
Millikin Elem School
Grades K-5 · 368 students
Southwest Elem School
Grades K-5 · 360 students
Northside Elem School
Grades PK-5 · 333 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Geneseo, IL?
Want a head-to-head view? Compare Geneseo side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Geneseo?
The median home sale price in Geneseo is $159,700, down 24.3% from last year.
How long do homes stay on market in Geneseo?
Homes typically spend 39 days on market before going under contract.
What is the median income in Geneseo?
The median household income is $65,226 per year.
Is Geneseo a buyer's or seller's market?
With 1.1 months of supply, Geneseo is currently a seller's market.
What is the Zillow home value estimate for Geneseo?
The Zillow Home Value Index (ZHVI) for Geneseo is $246,061, representing the typical home value in the area.
What is the median condo price in Geneseo?
The median condo/co-op sale price in Geneseo, IL is $210,000, compared to $159,700 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Geneseo?
The median single-family home price in Geneseo, IL is $159,700 (about $108 per square foot).
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