Much like its surrounding areas, it's significantly more expensive compared to the country as a whole. Compared to the city of Chicago however, it's a bit more expensive.
Home prices
The median home in Geneva is valued at $338,300. This is roughly $13,480 (4%) higher in comparison to its surrounding areas.It is roughly $120,800 (55%) higher compared to the rest of the nation, and is approximately $80,300 (31%) higher compared to the city of Chicago.
Rents
In Geneva the median rent is $1,510 a month. In comparison to its nearby areas it is roughly $136 (8%) lower.It is roughly $448 (42%) higher compared to the United States as a whole, and compared to the city of Chicago it is about $398 (35%) higher.
Nearby places
Batavia
Batavia is Geneva's neighbor to the south. Its real estate prices are somewhat less expensive. The median home in Batavia is valued at $304,400, which comes out to $33,900 (11%) lower than Geneva. Its rents are a little less expensive. The median rent in Batavia is $1,187 a month, which is $323 (27%) lower than Geneva.
St. Charles
St. Charles is Geneva's neighbor to the north. Its real estate prices are a little less expensive. The median home in St. Charles is valued at $293,300, which is $45,000 (15%) lower than Geneva. The rent there is a little less expensive. In St. Charles the median rent is $1,288 a month, which comes out to $222 (17%) lower than Geneva.
West Chicago
West Chicago is Geneva's neighbor to the east. Real estate prices there are a lot less expensive. The median home cost in West Chicago is $249,500, which comes out to $88,800 (35%) lower than Geneva. The rent there is substantially less expensive. The median rent in West Chicago is $1,083 per month, which is $427 (39%) lower than Geneva.
North Aurora
North Aurora is approximately 5 miles south from Geneva. Real estate prices there are substantially less expensive. The cost of the median home in North Aurora is $246,800, which works out to $91,500 (37%) lower than Geneva. Rent there is somewhat less expensive. North Aurora's median rent is $1,172 per month, which comes out to $338 (28%) lower than Geneva.
Wayne
Wayne is approximately 5 miles northeast of Geneva. Housing prices there are a lot more expensive. The median home value in Wayne is $530,100, which works out to $191,800 (36%) higher than Geneva. Its rents are significantly more expensive. The median rent in Wayne is $3,500 a month, which comes out to $1,990 (56%) higher than Geneva.
