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Featured local agent — Genoa, IL
Sarah Mitchell
Compass Real Estate · Genoa, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Genoa, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$393,500median sale price
How is the Genoa, IL housing market right now?
The median home sale price in Genoa, IL is $393,500, up 38.1% year-over-year. Homes sell in an average of 55 days with 21 active listings. The market is currently a balanced 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 Genoa a buyer's or seller's market?
Genoa, IL is currently a balanced market, based on 2.3 months of supply and homes selling in about 55 days. How we determine this →
Homes sold
9
Last 12 weeks
Days on market
55
Average pace
Active listings
21
2.3 months supply
Sale-to-list
99.5%
Below asking
What does the Genoa housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $393,500 |
| Median list price | $299,900 |
| Year-over-year price change | +38.1% |
| Average days on market | 55 days |
| Active inventory | 21 listings |
| Months of supply | 2.3 months |
| Sale-to-list price ratio | 99.5% |
| Median price per sq ft | $182/sq ft |
| Homes sold (latest month) | 9 |
| New listings (latest month) | 7 |
| Listings with a price cut | 9.5% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Genoa by property type?
How the Genoa, 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 | $394,250 | $182/sq ft | 8 | 50 days |
| Condo / Co-op | $319,000 | $176/sq ft | 1 | 205 days |
| Townhouse | $255,000 | $186/sq ft | 1 | 41 days |
Source: Redfin · Updated monthly
The Genoa housing market is currently classified as a balanced market with a median sale price of $393,500. Prices have risen 38.1% compared to last year, with homes spending an average of 55 days on market, indicating 2.3 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 Genoa
There are currently 21 homes listed for sale in Genoa, Illinois. The median listing price is $300K.
Active listings
21
Homes on market
Median list price
$300K
Avg. days on market
55
Days until sale
New this week
7
Newly listed
Who lives in Genoa?
Population
5,685
Median income
$79,343/yr
Median age
34.2 years
Owner-occupied
68.0%
College grads
12.3%
Avg commute
32.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Genoa?
Zillow home value
$320,262
Price-to-income
4.0x
Source: Zillow Research
What is it like to live in Genoa?
Genoa is a community of approximately 6K residents with a median age of 34.2 years.The median household income is $79,343, which reflects a relatively affluent area with strong earning potential. 12.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 68.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 32.3 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Genoa offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Genoa?
3 schools tracked · 1,162 students
The largest public schools serving Genoa, 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.
Genoa-Kingston High School
Grades 9-12 · 468 students
Genoa-Kingston Middle School
Grades 6-8 · 349 students
Genoa Elementary School
Grades 3-5 · 345 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 Genoa, IL?
Want a head-to-head view? Compare Genoa side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Genoa?
The median home sale price in Genoa is $393,500, up 38.1% from last year.
How long do homes stay on market in Genoa?
Homes typically spend 55 days on market before going under contract.
What is the median income in Genoa?
The median household income is $79,343 per year.
Is Genoa a buyer's or seller's market?
With 2.3 months of supply, Genoa is currently a balanced market.
What is the Zillow home value estimate for Genoa?
The Zillow Home Value Index (ZHVI) for Genoa is $320,262, representing the typical home value in the area.
What is the median condo price in Genoa?
The median condo/co-op sale price in Genoa, IL is $319,000, compared to $394,250 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Genoa?
The median single-family home price in Genoa, IL is $394,250 (about $182 per square foot).
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