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Featured local agent — Geneva, IL
Sarah Mitchell
Compass Real Estate · Geneva, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Geneva, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$595,000median sale price
How is the Geneva, IL housing market right now?
The median home sale price in Geneva, IL is $595,000, up 20.0% year-over-year. Homes sell in an average of 34 days with 46 active listings. The market is currently a strong 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 Geneva a buyer's or seller's market?
Geneva, IL is currently a strong seller's market, based on 1.6 months of supply and homes selling in about 34 days. How we determine this →
Homes sold
29
Last 12 weeks
Days on market
34
Average pace
Active listings
46
1.6 months supply
Sale-to-list
102.7%
Above asking
What does the Geneva housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $595,000 |
| Median list price | $559,500 |
| Year-over-year price change | +20.0% |
| Average days on market | 34 days |
| Active inventory | 46 listings |
| Months of supply | 1.6 months |
| Sale-to-list price ratio | 102.7% |
| Median price per sq ft | $271/sq ft |
| Homes sold (latest month) | 29 |
| New listings (latest month) | 37 |
| Listings with a price cut | 8.7% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Geneva by property type?
How the Geneva, 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 | $635,000 | $276/sq ft | 25 | 36 days |
| Condo / Co-op | $355,000 | $224/sq ft | 1 | 77 days |
| Townhouse | $531,023 | $229/sq ft | 3 | 27 days |
Source: Redfin · Updated monthly
The Geneva housing market is currently classified as a strong seller's market with a median sale price of $595,000. Prices have risen 20.0% compared to last year, with homes spending an average of 34 days on market, indicating 1.6 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 4.0x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Geneva
There are currently 46 homes listed for sale in Geneva, Illinois. The median listing price is $560K.
Active listings
46
Homes on market
Median list price
$560K
Avg. days on market
34
Days until sale
New this week
37
Newly listed
Who lives in Geneva?
Population
21,299
Median income
$136,621/yr
Median age
41.7 years
Owner-occupied
83.7%
College grads
63.8%
Avg commute
27.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Geneva?
Zillow home value
$546,392
Zillow rent index
$2,101/mo
Price-to-rent ratio
21.7x
Price-to-income
4.0x
Source: Zillow Research
What is it like to live in Geneva?
Geneva is a community of approximately 21K residents with a median age of 41.7 years.The median household income is $136,621, which reflects a relatively affluent area with strong earning potential. 63.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 83.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 27.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Geneva offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Geneva?
11 schools tracked · 5,077 students
The largest public schools serving Geneva, 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.
Geneva Community High School
Grades 9-12 · 1,645 students
Geneva Middle Sch North
Grades 6-8 · 620 students
Geneva Middle Sch South
Grades 6-8 · 591 students
Williamsburg Elem School
Grades K-5 · 463 students
Harrison Street Elem School
Grades K-5 · 391 students
Mill Creek School
Grades K-5 · 365 students
Western Avenue Elem School
Grades K-5 · 335 students
Heartland Elementary School
Grades K-5 · 325 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 Geneva, IL?
Want a head-to-head view? Compare Geneva side-by-side with any other U.S. city using our market-comparison tool.
Is Geneva a good real estate investment market?
For investors evaluating Geneva, the price-to-rent ratio of 21.7x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 20.0% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Geneva's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Geneva's median home price.
Frequently asked questions
What is the average home price in Geneva?
The median home sale price in Geneva is $595,000, up 20.0% from last year.
How long do homes stay on market in Geneva?
Homes typically spend 34 days on market before going under contract.
What is the median income in Geneva?
The median household income is $136,621 per year.
Is Geneva a buyer's or seller's market?
With 1.6 months of supply, Geneva is currently a strong seller's market.
What is the Zillow home value estimate for Geneva?
The Zillow Home Value Index (ZHVI) for Geneva is $546,392, representing the typical home value in the area.
What is the median condo price in Geneva?
The median condo/co-op sale price in Geneva, IL is $355,000, compared to $635,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Geneva?
The median single-family home price in Geneva, IL is $635,000 (about $276 per square foot).
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