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Featured local agent — Geneva, IL

Sarah Mitchell

CNESRESABR

Compass Real Estate · Geneva, IL

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Geneva, IL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Geneva, IL Housing Market & Real Estate

Strong seller's market+20.0% YoY

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?

Strong seller's market1.6 months of supply34 avg. days on 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?

Current housing market statistics for Geneva, IL
MetricValue
Median sale price$595,000
Median list price$559,500
Year-over-year price change+20.0%
Average days on market34 days
Active inventory46 listings
Months of supply1.6 months
Sale-to-list price ratio102.7%
Median price per sq ft$271/sq ft
Homes sold (latest month)29
New listings (latest month)37
Listings with a price cut8.7%
Market conditionStrong 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.

Median price, price per square foot, homes sold and days on market by property type in Geneva, IL
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$635,000$276/sq ft2536 days
Condo / Co-op$355,000$224/sq ft177 days
Townhouse$531,023$229/sq ft327 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

Price drops:8.7%of listings
Sale-to-list:102.7%

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

Public

Geneva Middle Sch North

Grades 6-8 · 620 students

Public

Geneva Middle Sch South

Grades 6-8 · 591 students

Public

Williamsburg Elem School

Grades K-5 · 463 students

Public

Harrison Street Elem School

Grades K-5 · 391 students

Public

Mill Creek School

Grades K-5 · 365 students

Public

Western Avenue Elem School

Grades K-5 · 335 students

Public

Heartland Elementary School

Grades K-5 · 325 students

Public

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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