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Land Foreclosures in Genoa, IL

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Genoa, IL Foreclosures

How much do homes sell for in Genoa, IL?
The average home price is currently $317,874.
What’s the average rental cost in Genoa, IL?
The average rental price in Genoa is $1,302.
What is the most expensive home in Genoa?
The most expensive home sold in Genoa had a price of $5,442,356.
What is currently the cheapest priced home in Genoa, IL?
The cheapest home for sale in Genoa is priced at $13,587.

Living in Genoa, IL

Genoa, IL, is a tranquil small town with a close-knit community and a welcoming atmosphere. It features a variety of outdoor activities, lovely parks, and essential amenities. This charming area is perfect for families looking for a quiet place to live, yet still offers connectivity to larger cities nearby.

Current Market Conditions in Genoa, IL

The real estate market in Genoa is currently stable with steady demand for homes. The community's growth has attracted buyers looking for affordable housing options in a friendly neighborhood. Various properties, from single-family homes to townhouses, are available for different budgets.

With the family-friendly environment and good school ratings, many young families are choosing to relocate to Genoa, resulting in an increase in home sales and slightly ascending prices throughout the last year.

Home Value Estimator For Genoa, IL

There are currently 2,577 real estate properties in Genoa, IL, with a median automated valuation model (AVM) price of $278,341.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Genoa, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Genoa, IL, is $317,874.00, with the most expensive house in Genoa, IL, topping out at $5,442,356.00 and the cheapest home in Genoa, IL, clocking in at $13,587.00. In other words, there’s something for every potential homebuyer or savvy investor in Genoa, IL!

Rent Prices In Genoa, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Genoa, IL, is on a rollercoaster ride. The average rent price in Genoa, IL, is $1,302.00. Indeed, when looking to rent in Genoa, IL, you can expect to pay as little as $700.00 or as much as $2,940.00, with the average rent median estimated to be $1,240.00. The good news is that finding an affordable and desirable property to rent in Genoa, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Genoa, IL Land


Market Trend for Genoa, IL

Total Listings Available: 0

Market Values:

Home Prices from $13,587 to $5,442,356

Average Sales Price: $317,874

Rental Values:

Rental from $700 to $2,940

Average Rent Value: $1,302 / month

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